It’s that time of the year again, where you can reduce your income tax bill by making an additional contribution to your retirement annuity as well as contribute to a tax-free investment. We have put this article together to help you understand what’s on offer if you want to invest some of your hard-earned money so that less lands up in the hands of the taxman. The tax year-end in February means that you need to act soon if you still want to maximise your tax savings for this year.
2018 - Paving the way for the '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 in as the effects of a decade of corruption and mismanagement became evident. Increases in VAT and fuel prices worsened the mood and put the South African consumer under more pressure and business confidence fell to near all-time lows. The general feedback from the management of listed businesses in SA was that 2018 was the worst year experienced since 1994, including the years that followed the global financial crisis. Not a year most South Africans would want to relive! Click here to read full newsletter - 31-Dec-2018-2018---paving-the-way-for-the-new-dawn.
Why investors can miss Black Friday sales The recent Black Friday deals present an interesting perspective from which to view investor behaviour, and can help reinforce the traits we as investors need to demonstrate to ensure we remain on track with our longer term goals. The rationale behind the Black Friday purchasing makes sense - enormous price cuts means shoppers are buying at a discount and getting the most value for their money. Buy cheap, right? Click here to see full article - 30-Nov-2018-why-investors-can-miss-black-friday-sales
Productivity Pixie Dust Technological innovation is increasing at rates faster than ever seen before, with major breakthroughs being made in fields ranging from health to transport and even home shopping. This technological progress is materially affecting both our individual lives and the global economy as a whole. Click here to see full article - 31-Oct-2018-productivity-pixie-dust