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Turning the tables on the taxman

04 February 2021

As most people know, the more you earn the more tax you pay, says Khwezi Jackson, but fewer people know that tax incentives on retirement saving mean that the more you invest toward your old age, the more tax you save.

Retirement funds and emigration, what the law says

03 February 2021

Several amendments to the Income Tax Act will come into effect on 1 March 2021, and those who intend on emigrating should be aware of how the changes impact them.

Tax-free savings accounts vs retirement annuities: What to consider for your long-term savings?

02 February 2021

Tax-free savings accounts (TFSAs) were introduced by National Treasury to create a savings culture in South Africa. This account allows people to save without having to pay tax on the returns earned, making it a perfect long-term investment strategy. Those who have not exceeded their R36 000 annual contribution allowance to a TFSA have an opportunity to do so before the end of February this year.