Taxes are widely viewed as unfair and no more so than donations tax. Most people are horrified to hear they must pay donations tax on any amount above R100 000 they give-away per year. I often hear “its my money I
Donation or Estate Duty Tax
The estate planning benefit of retirement funds
Retirement Funds are well understood for the income tax benefit in that contributions to retirement funds are tax deductible based on 27.5% of a person’s taxable income, capped on R 350 000 per annum. Often overlooked is the estate planning benefit
Volatility provides opportunities
You had to feel a little sorry for our newest finance minister when he presented the recent mini-budget. Stuck between “a rock and a hard place” with no room to manoeuvre. SA has literally hit its fiscal cliff with the
2017 Budget – Striking a very delicate balance
Several years back I wrote an article titled “Lekker by die See, maar duur by die See”, which translated means “Nice by the Sea, but expensive by the Sea”. The gist of the article was the prospect of future higher
Davis Tax Committee’s second Report on Estate Duty a major improvement
After scoring a consensus 3 out of 10 for the 1st report, the Davis Tax Committee has delivered what I consider to be a vastly improved 2nd report, which I will touch on very briefly in this article. The key