by @Vickie Lange | Oct 25, 2023 | Employee Benefits, National Treasury, Retirement & Financial Planning, SARS, Two-Component System, Two-pot system
Vickie Lange, Head of Best Practice at Alexforbes On 25 October 2023, National Treasury and the South African Revenue Service (SARS) provided important feedback at the recent sitting of the Standing Committee on Finance as part of the parliamentary process...
by @Alix Moreillon | Oct 23, 2023 | Financial Tips, Retirement & Financial Planning, Retirement Annuities, SARS, Tax
Alix Moreillon, legal adviser at Allan Gray The rules around the payment of proceeds from South African long-term insurance policies to foreign bank accounts can be confusing. Alix Moreillon, legal adviser at Allan Gray, clarifies when annuity income from a...
by @Herman van Papendorp, @Tshiamo Masike and @Sanisha Packirisamy | Sep 6, 2023 | Economics, Investment / Asset Management, SARB, SARS
Herman van Papendorp, Head of Investment Research & Asset Allocation, Tshiamo Masike, Economic Analyst at Momentum Investments and Sanisha Packirisamy, Economist at Momentum Investments Momentum Investments have released their report based on GDP overshoots...
by @Paul Hutchinson | Aug 22, 2023 | Economics, Investment / Asset Management, SARB, SARS
Paul Hutchinson, Sales Manager, Ninety One With the repo rating having more than doubled in less than 2 years, the amount you can hold in an interest-yielding bank or money market account before being subject to income tax at your marginal tax rate has reduced...
by @Meagan Fraser | Jul 10, 2023 | Financial Tips, SARS, Tax
Meagan Fraser, tax specialist at Allan Gray The official opening of South African tax season on Friday, July 7, 2023, presents an opportune time to get your affairs in order. During this tax season, The South African Revenue Service (SARS) is making use of the...
by @Adél Gräbe | Jun 6, 2023 | Employee Benefits, FSCA, Pension Funds Act, Pension Funds Adjudicator, SARS, Section 13A
Adél Gräbe, Legal and Technical Specialist at Simeka Consultants and Actuaries Section 13A Guide Section 13A, read together with Conduct Standard 1 of 2022, contains the statutory requirements relating to the payment of contributions to retirement funds....
