by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Offshore
132 – Trying to time the markets with your investments is not optimal Question I have a fixed deposit that has just matured and I want to reinvest it. I don’t know where I should invest the money as I am very worried about what is going to happen in the...
by adminfwc | Nov 20, 2024 | Estate Planning, Investment, Offshore, Tax
136 – Familiarise yourself with the tax burden on investment returns Question I have R4m to invest to provide an additional income to meet my monthly obligations. I am working and paying 36% in income tax. Where can I invest this money and draw an income and...
by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Offshore
137 – Spreading your wealth across various asset classes Question A lot of my friends have been talking about a potential financial crash in South Africa and that we should move all our assets offshore. I am scared that we may end up with a situation where all...
by adminfwc | Nov 20, 2024 | Financial Planning, Investment, Offshore, Tax
140 – Situs tax: a potential thorn in the side if you’re not careful Question My financial advisor has told me that I could be liable for situs tax on my offshore investments. I have never heard of this before. Is there such a thing? Answer As we...
by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Offshore
156 – HOW TO REDUCE THE RISK OF HAVING ALL YOUR INVESTMENTS IN SOUTH AFRICA Question I am concerned about the safety and security of our investments in South Africa. We do not intend emigrating but would like to ensure that we protect our assets. Answer South...
by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Offshore
160 – TAX-EFFICIENT WAYS OF BEQUEATHING OFFSHORE ASSETS Question I recently joined a company that has a group retirement annuity scheme. We all have our own retirement annuities, and the company pays the premiums with half of it coming off our income as a salary...
