How to navigate your share investments in times of war
The war between Russia and Ukraine has already lasted longer than many would have thought, and we can only bemoan the unnecessary deaths, pain, suffering and destruction that comes with it. As someone recently said, “Wars don’t bring lasting peace, only lasting death”. Putin also thought the war was going to be over in a […]
Budget 2022 highlights
Budget 2022 highlights Below is a summary of the highlights of the budget speech. Personal tax SARS has not increased personal tax but adjusted the personal income tax bracket, for example while the maximum marginal rate for natural persons remains at 45% and is reached when taxable income exceeds R1 731 600.00, the minimum rate of tax […]
Proposal to increase retirement funds’ offshore allowance
National Treasury’s proposal to harmonise the offshore limit for all insurance, retirement and savings funds will enable retirement funds to invest up to 45% of their capital offshore. This includes the 10% allowance for investments into other African countries, according to the Budget Review. The proposal implies that the current Regulation 28 offshore limit of […]
