Budget Speech 2019 1. INDIVIDUALS The maximum marginal rate for natural persons remains at 45% and is reached when taxable income exceeds R1 500 000. The minimum rate of tax remains at 18% on taxable income not exceeding R195 850. The primary rebate for all natural persons has been increased to R14 220 (previously [...]
Are earnings in South Africa Improving? Based on the long term average of between 12 and 16, there are very few 'cheap' markets. Fair value would be a good description of world markets, so earnings need to improve for a swift recovery from last years' losses. Earnings, particularly in SA, have improved, [...]
Minimize your taxable income – maximize your tax savings
Cautiously Optimistic 2019- Paving the Way for a New Dawn Thinking back to the start of 2018, there was a sense of optimism, positivity, and hope; largely because we had just seen the removal of Jacob Zuma and the appointment of Cyril Ramaphosa as president. However, despite this optimism, reality quickly set [...]
Residential Property as an Investment Many investors have a strong affinity for residential property investment. Quite often it forms the bulk of their investment portfolio. Property is tangible, unlike shares, and it is relatively easy to understand. Unlike shares. It is also within reach of most individuals where the bank will allow [...]
Model Portfolios Explained Specialist Investment Services for our Clients Finbofs.com has been partnering with Fundhouse since 2018 and their fund research has been central in our fund selection for client portfolios. We are now taking our relationship to the next level where we are working together to build bespoke model portfolios for Finbofs.com’s [...]
It's not great but it could be a lot worse... Had the ANC elective conference voted the other way at NASREC, South Africa would right now be mirroring what the Turks are going through – rocketing interest rates, mushrooming unemployment as companies hit the wall, soaring import prices and all round economic [...]
Why retirees are taking risks they don't want Visit the local bowling club and ask the average retiree what are the two things they worry about most. Two answers will typically surface – How their kids are/aren't caring for their grandchildren, and the return on their living annuity. I think it best [...]
