Consider Offshore Investment
[vc_row][vc_column][vc_column_text]At this point in our economic cycle most people are despondent about the economic outlook of our economy in the short term. With the events of the last couple of years, nobody can blame them. Making irrational decisions because of fear or despondency has seldom paid the desired dividends. If, however one looks at offshore […]
Formal emigration not a ticket to tax exemption
TAX / 13 JULY 2019, 09:00AM / JOSEPH BOOYSEN ~ Personal Finance ONCE South Africans emigrate, they are not totally exempt from tax. Supplied Many South Africans believe they are completely tax-exempt in South Africa once they have formally emigrated, but this is a huge misconception, says Coreen van der Merwe, managing director of the South African arm of […]
Why the underwriting process is important
Article by Lisa Gibbon from Liberty Life ~ Personal Finance So you’ve decided to take out a long-term insurance policy to provide yourself and your family with protection from life’s risks and uncertainties. You meet with a financial adviser or broker and they initiate an underwriting process with the insurer. You find the questions intrusive […]
Do you really need Critical illness cover?
You might not have a family history of any serious diseases and be perfectly healthy, yet your financial planner will always recommend critical illness cover as an essential component of a holistic financial plan. It is an expensive benefit and therefore not always considered a priority. As financial planners we know that a critical illness […]
Expatriate tax and financial emigration
Pre 1st March 2020 – Many South Africans are employed in foreign countries. Currently foreign remuneration is exempt from income tax in South Africa if compliant with the “183/60 tax exemption” in the Income Tax Act. On the 1st March 2001, SA adopted a “residency-based” income-tax system. This means that an individual pays income tax […]
You need a great advisor when selling your business. Here is why.
An overview by Empower Capital Author: Philip Haslam Have you ever considered selling your business? Perhaps you’re considering retiring but aren’t sure how to manage the succession plan. Whatever your reason, when someone has run their business successfully, a time usually comes when they want to exit. A great succession plan is important in this […]
