Renewable energy tax incentives
Renewable energy tax incentives Government is encouraging investment in renewable energy but as always, there are caveats. While this year’s Budget was largely devoid of surprises, Finance Minister Enoch Godongwana made one announcement that was widely anticipated following President Cyril Ramaphosa’s State of the Nation speech, and will hopefully help taxpayers alleviate some of […]
Maximising your dividend income
You could improve your return by selling the share instead of waiting for the dividend payout but there are caveats. I was recently asked an interesting question about dividends. The person concerned was curious as to whether from a tax and return perspective it is better to take the dividend itself, or sell the share […]
The seven myths of investing
The misguided assumptions that exist in financial markets. Myths are widely held beliefs that are mistaken as truths. For example, for long periods of time, people believed (and acted) as if the world was flat. Below are similarly misguided assumptions that exist in the financial markets that I have come across during my investment career. […]
Retirement and your ‘second wind’
With improved healthcare and the trend towards healthier lifestyles, many people are living to a ripe old age. Make sure that your money lasts as long as you do. Are you retiring in the near future and concerned that you may not have enough capital to retire? We often read that the majority of South […]
Budget 2021: What was missing?
Finance Minister Tito Mboweni delivered his third annual budget address on 24 February 2021. While there was plenty of information on both income and expenditure issues, as well as proposed tax amendments, some aspects were, concerningly so, not addressed at all. Exchange control In 2020, the Minister indicated that changes would be made to South Africa’s capital flow system regulated through the South African […]
Budget 2021: Corporate tax amendments
Finance Minister Tito Mboweni delivered his third annual budget address on 24 February 2021. The corporate tax rate reduction from 28% to 27% for years of assessment commencing on or after 1 April 2022 was arguably the most significant windfall for corporate taxpayers, although the actual cash benefits thereof will only be seen in the 2023 calendar year. Below, we highlight some of the other significant proposals, which […]