“It is unsettling to have another war in the world. Particularly where it has the potential to have wide reaching consequences for global security, personal safety, on companies doing business with or relying on products and services from Russia, global economic growth, and investment markets.” At Fiscal we continue to monitor the war and the developments around this as it …
Relief for those burdened by school fees
Gross income exemptions through employer provided bursaries and scholarships Paying school fees is often a cumbersome task, particularly if you provide financially for more than one learner. There is, however, some relief for parents and guardians. The Income Tax Act1provides an exemption relating to a bona fide scholarship or bursary awarded to an employee or their relative to assist with …
Andrew Bradley, our CEO comments on the 2022 Budget Speech
Welfare instability is highlighted The concerning news is that over the next three years the government will be spending about 60 percent of non-interest spending on social welfare. This shows the perilous state of many struggling citizens due to the sluggish GDP growth and the negative economic effects of the pandemic Fiscal responsibility demonstrated The good news is that the …
Fundhouse Investment Outlook Q4 2021
Over the past number of years we have often discussed the topic of inflation and its importance as an underpin for asset prices. Withlow inflation – a function of technological innovation and globalisation as key drivers – allied with low interest rates, times have been good for investment markets. Are we finally at a tipping point, where the multi-decade trend …
What to consider when investing for your child
Every parent wants to make sure their child’s dreams will come true Benjamin Franklin said, “An investment in knowledge pays the best interest.” In South Africa the investment in knowledge – or education, comes at a premium for young parents. So, the best advice to any new parent, is to start saving and investing as early as possible. Leaving it …
Rental property vs investing
Stacking one investment type up against the other In this precarious investment climate it is always important to do the necessary research to determine the best strategy for you. Each person’s investment plan should be tailored to their circumstances and all aspects should be considered before investing. This is according to Lana Visser, financial planner at Fiscal Private Client Services. …
Emigrating? Changes to retirement savings
The 2021 mid-year population estimates, released by Statistics South Africa, estimate that around 91 000 South Africans have left the country during 2016-2020. The question begs, is a retirement savings investment still worthwhile when emigration remains a potential future option for your clients? The concept of retirement Looking at the concept of retirement, as soon as an individual starts earning …
What you need to know when claiming a car allowance
By Wilri Engelbrecht
DIY Investing and the value of financial advice
Do-it-yourself (DIY) investing in South Africa has surged in popularity – especially over the last 12 months. Cost-effective online trading and investment platforms, like EasyEquities, is one of the key-drivers behind this trend. According to the interim results published by Purple Group, the owner of EasyEquities, platform assets grew to R26.9 billion – a year-on-year increase of 70.3%. EasyEquities now …
Not so equal distribution
Andrew Bradley, CEO, Fiscal Private Client Services The Tokyo 2020ne Olympics has come and gone. It will always be remembered as the pandemic games. Much has been said about whether it should have gone ahead at all. One fact is without question – there have been many dynamics that have had a huge impact on performances. What was startling was …