Tax

Tax Tips for Pensioners

Retirement planning can be a minefield. Not only do you need to start thinking about lifestyle changes but preparing for a sound financial retirement is challenging. Research shows that most people start thinking about their retirement only as from the age of 50, but if you want to maximise your income and minimise your tax in retirement, you are advised to start planning well before you retire.

How South African residents working abroad can legally reduce the coming ‘Expat Tax’

The new ‘Expat Tax’ to be imposed on nearly a million South Africans working abroad from 1 March 2020 is an onerous tax likely to penalise even people who no longer have anything to do with the country - but there is a legal way to reduce it.

Investments in venture capital companies not looking so attractive anymore

The exchange control regulation of money in South Africa to abroad

With several alarming indicators showing that more South Africans are leaving the country, an increasing number of people have started to research their options on how to move money offshore. Tax Consulting SA has also noted a large increase in individuals who are expatriating funds and investing these funds offshore.