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Like many people around the world, employed South Africans have spent a lot of time working from home. With the SARS tax season about to open, if this is you, there may be potential deductions you could claim when filing your personal return. This is according to financial planner, Lana Visser from Fiscal Private Client Services.
Black tax, in equal measure is both fit and fatalistic. Fit because it is a generational affirmation of the spirit of Ubuntu when you can pay forward the support received within the same lifetime; and yet it has become fatalistic in many ways as it has been attributed with knocking down the chances of building generational wealth.
Personal income tax annual filing season starts on 1 July 2021 – and it could leave thousands of South Africans living and working abroad with a potential tax liability for the first time, under amended tax legislation.
Are financial advisers ready for the combined impact of COFI and AI?