By: Kathleen Storey The world as we know it is in disarray. Every news channel and social media platform is flooded with updates on this terrifying pandemic. Someone who is of little political or medical importance, Sophie Turner of Game of Thrones fame, said we are living in a time where we may value our…
by Malesela Ledwaba From its early inception as predominantly a maritime instrument until the present day, insurance has grown significantly in scope, purpose, and availability. Today the insurance industry contributes to economic growth and national prosperity in various ways. At the macro level, the industry helps strengthen the efficiency and resilience of the economy by…
Kevin Lings, Chief Economist of STANLIB, direct from his home office enlightening us as to how he sees the effect of Covid-19 as of May 2020.
By Liam Aspeling - Sentera Business Partners The term “expat tax” refers to the new amendments to the Income Tax Act which came into effect from 1 March 2020, will impact thousands of South Africans working and living abroad. Previously, if you were a South African tax resident rendering services outside the country on behalf…
By Colin Horwitz Let me start by simply stating that there is nothing requiring a person to have a Last Will and Testament! However, if you do go down this route, beware. The Law of Intestate Succession will apply and there will be, without a doubt, people who will inherit part of your estate that…
By William van Wyk You will need the following documents to submit with your tax return:- IRP 5/s Medical Aid Tax Certificate Summary of your medical aid membership and contributions IT3b / IT3c Summary of the interest, dividends and capital gains you earned through your investments. Retirement Annuity Certificate Contribution certificate PBO…
By Moipone Molapo - Morebo Intern When the lockdown started on Friday, there was a lot going through my mind. I was experiencing many emotions at the same time but the one emotion that stood out was fear. Not just fear of the virus itself but fear of what was to happen to us financially…
By Colin Horwitz I trust that this article finds you and your families safe and well. Who would have ever thought that in our lifetime we would experience something like Covid-19? It is akin to living in a horror movie! But, on the plus side it’s allowed us time to spend with our families, those…
By Ryno Crous Death is a subject that is frequently shied away from or avoided entirely. However, planning for the distribution of your estate and the wellbeing of your loved ones after you have passed, is an important financial duty. Even with the importance of estate planning being heavily advocated in the financial industry, the…
by Ashley Horwitz On Friday night Moody’s downgraded South Africa’s sovereign credit rating to sub-investment grade. Both Fitch and S&P downgraded South Africa to below investment grade in 2017, but Moody’s has always had a soft spot for South Africa. The key driver behind the rating downgrade to Ba1 is the continuing deterioration in South…