INCOME TAX TOOL: A tax deduction (discussed below) for contributions to an RA, within certain limits. (Note the change in2015) Unused deductions can be carried forward to future years or used to increase the tax-free amount at(and due to recent amendments, after)...
Despite the financial benefits of life insurance, the majority of South Africans remain under-insured In a recent survey by the Financial Sector Conduct Authority, it was revealed that only 10% of South Africans currently have life insurance. Research conducted by...
Endowments offer tax benefits to investors with a marginal tax rate of more than 30%, as it will reduce the tax payable on your investment growth. It also helps you to save with discipline, as you have a minimum investment period of at least five years. What is the...
