What you need to know about small businesses and tax


By Lana Visser-Galant Starting a business can be an overwhelming process as there are many factors to consider. One of these is the tax treatment of your business, which depends on the structure of your business and the type of entity you establish. In this article we look at these different types of entities, how they are taxed are the …

Six financial planning tips for DINKs


Dual Income, No Kids (DINK) couples often find themselves in a unique financial position, with the ability to focus on personal and shared goals without the immediate financial responsibilities of raising children. However, effective financial planning is still essential to make the most of their dual incomes and secure a prosperous future. These are the key financial planning tips for DINK …

The personal finance lessons we can all learn from 2023

CatalystInvestment, Lifestyle, Planning, Retirement

As the year hurtles towards its close, signs of the festive season are emerging – Christmas decorations adorning storefronts, and the cheerful melodies of holiday tunes resonating through retail spaces. Despite the hustle and bustle of the approaching “silly season”, the end of the year is a good time to reflect on the financial journey of the past year and …

The pitfalls of investing in buy-to-let property


If I had a rand for every time I heard, “Why pay off your landlord’s bond when you can be the landlord?” I would have been a property mogul by now, writes our planner, Johann Rossouw. His latest article spells out the pitfalls of investing in buy-to-let property and the drawbacks which aren’t often discussed in a South African context. Published …

The value of a financial planner


Just like we trust doctors with our health, having a financial planner is essential for our financial well-being. Read Lana Visser-Galant’s article about the value of a financial planner here: https://smartaboutmoney.co.za/hot-topics/the-value-of-a-financial-planner/

Investors should ignore the short-term noise


To read the full article by Johann Rossouw published by Personal Finance, see: https://www.iol.co.za/personal-finance/financial-planning/investors-should-ignore-the-noise-1161b800-e306-400a-b499-6ce038bcd0e8

Andrew Bradley’s Comments in News24


News24 recently published an article about one-off pension withdrawals. In it, our CEO, Andrew Bradley provided his insights on the subject. Read the full article here: https://www.news24.com/fin24/companies/once-off-pension-withdrawals-old-mutual-expects-1m-clients-to-cash-out-up-to-r25-000-each-20230619

Retirees with multiples incomes need to carefully consider SARS tax directives


By Lana Visser The South African Revenue Services (SARS) has again issued tax directives to life insurance companies stating what tax they should withhold for annuitants who receive an income from more than one source. This means that If you receive income from sources other than your annuity, the total tax due to SARS based on your overall income will …

The maths behind your mortgage


Lately, homeowners have been dreading announcements from the Reserve Bank’s Monetary Policy Committee (MPC). Inflation has been running rampant due to the war in Ukraine and what we now call – the post COVID-19 hangover. This has led to Central Banks hiking interest rates to combat the rising cost of living. But what do all these technical terms mean for …