Unit trust retirement annuities

No initial product fees and a simple flat annual administration fee make the new unit trust retirement annuities (RA) one of the most cost-efficient ways to save for retirement.

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New tax changes reduce burden on small businesses

A ‘very small business’ as defined in the new Draft Revenue Laws Amendment Bill – a business with a turnover that does not exceed R1 million – may in future opt to be taxed on gross turnover rather than on taxable income.

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New CIPRO requirements

According to articles published in newspapers such as Business Day, Rand Daily Mail and the Sunday Times in September 2010, a company was hijacked by exploiting a weakness in the CIPRO system that deals with the appointment and resignation of directors in a company.

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Investing offshore

In response to an announcement by the Minister of Finance – that the foreign capital allowance for private individuals resident in South Africa was increased to R4 million per resident per annum – many clients have made offshore investments.

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Donate blood

“Save a life; donate blood”. Every 3 months the blood bus parks in front of our offices at Parc du Links, Somerset West. Our aim is to make our clients aware off the fact that with a little effort from yourself, you can save a life. The next date is scheduled for 8 March 2011.…

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