Rental Property Taxes in South Africa
Capital gains tax is paid on the proceeds of a property that is sold. Annual tax is paid on rental income. Remember to deduct your…
What is a Personal Service Provider (PSP) and How Do I Qualify?
Personal Service Provider (PSP). Personal Service Providers (PSP) are people, who would have, under normal circumstances, be seen as employees – but invoice through a…
How To Use Asset Depreciation to Claim Tax Back
Depreciation is a tax deduction that allows businesses and property owners to recover the cost of tangible assets used to generate income over time in…
South Africa cryptocurrency regulations and legal implications
Cryptocurrencies are regulated by the SARB, but buying and selling is regulated by the FAIS act and the Financial Services and Conduct Authority.
IGrow Wealth Investments: A Review for South African Property Investors
Thinking about investing in property in South Africa? IGrow Wealth Investments offers properties, rental, management and section13sex tax advice.
Should I Invest In South African Government Bonds?
Invest in Retail Savings Bonds for guaranteed interest rates. Choose between fixed or inflation-linked bonds for low-risk investment. Happy investing!
Maximising Tax Savings for Your Business with learnerships
Employers can benefit from tax breaks under Section 12H of the Income Tax Act by investing in learnership agreements for employees, receiving up to R30,000…
Building Generational Wealth With Trusts in South Africa
Transferring generational wealth in South Africa? Consider trusts for tax advantages, asset protection, and efficient wealth transfer.
Should I Buy an Investment Property in a Trust in South Africa?
Owning investment property via a trust in South Africa offers tax advantages, asset protection, and estate planning benefits.
Using the Flisp/First Home Finance subsidy on your first property
FLISP, now called First Home, aids first-time homebuyers with monthly incomes between R3,501 and R22,000, offering subsidies to ease property acquisition.
Section 42 Asset for Share Transfer: What You Need to Know
Transferring property to a company via Section 42 avoids immediate tax, useful for tax breaks and investment growth. Process requires valuation, agreement, approval, filing, issuing…
How to save on tax with a small business corporation
Registering as a Small Business Corporation (SBC) in South Africa offers tax benefits, but certain criteria must be met.
How to benefit from the solar panel tax incentive for individuals
New SA tax incentive promotes solar panel investment for individuals. Businesses also benefit with up to 125% deduction.
How is capital gains tax calculated for rental property?
Capital gains tax (CGT) applies when selling property. Consider the base cost, exclusions, and tax rates to minimize CGT. Consult a tax expert for personalized…
How to calculate the ROI on rental property
Assess rental property profitability using metrics like ROI, cap rate, and the 1% rule. Leverage tax breaks and expert advice for optimal returns.
How To Pay Less Tax As A Small Business Corporation
Small Business Corporations (SBCs) in South Africa enjoy tax benefits like depreciation deductions and sliding scale income tax rates, provided they meet specific criteria outlined…
Closing The Generational Wealth Gap in South Africa
Leaving a legacy and generational wealth A good man leaves an inheritance to his children’s children. Imagine you had the power and ability to leave…
What are the differences between a retirement annuity, pension fund and provident fund?
The retirement annuity, pension fund and provident fund When you speak to a financial advisor or join a new company, you might be either forced…
What you need to know before you register your small business as a company
Should I register a company for my freelance/consulting/side hustle/startup? Many people want to just register a company, as they feel it’s the first step to…