Legislation Archives

Budget Speech Summary 2022 – What does it mean for you?

The two increases that appear to have generated the most revenue in recent years were the 1 percentage point increase in the personal income tax rate for most tax brackets in 2015/16 – accompanied by below‐inflation adjustments to brackets and rebates – and a 1 percentage point VAT increase in 2018/19. These measures generated about…

Legislation Member Communication News & UpdatesMarch 2, 2022968Views 0Likes 0Comments

Encouraging South African Households to Save More for Retirement

National Treasury has published a paper, ‘Encouraging South African households to save morefor retirement’, for public comment following the November 2021 announcement by the Ministerof Finance of a proposal to boost household savings. The proposal seeks to increasepreservation before retirement and increase flexibility through partial access to retirementfunds through a “two-pot” system.

Legislation News & Updates PlanningFebruary 1, 2022515Views 0Likes 0Comments

Wills and Testaments: How They Came To Be

These documents have become known as a “last will and testament” under the mistaken belief that “will” referred to physical property (such as pieces of land) while “testament” referred only to personal property (all other items, such as clothes, jewellery and/or furniture, and so forth). These terms have, in fact, been used interchangeably, and a…

General Legislation PlanningSeptember 9, 2021664Views 0Likes 0Comments

Tax-Free Investments: A Brief Overview

South Africa’s government introduced tax-free investments to the country in 2015. This was done to encourage household savings in the nation. It is now a great way to save for a various reasons, such as a child’s education, setting aside money for emergencies or undergirding your retirement savings.

General Legislation PlanningAugust 15, 2021546Views 0Likes 0Comments

Legislation

Budget Speech Summary 2022 – What does it mean for you?

Encouraging South African Households to Save More for Retirement

Wills and Testaments: How They Came To Be

Tax-Free Investments: A Brief Overview

Employees Working from Home: Do You Know What Your Tax Benefits Are?

Provident Funds: Lump Sums and Taxation – How policy changes will affect you

Liberty – Credit Security