by adminfwc | Nov 20, 2024 | Estate Planning, Financial Planning, Investment, Tax
182 – Tax-savvy tips around estate duty and other fees Question I am an 80 year old widow and have R5m investment that will be maturing shortly. This provides me with an income of R33 000 a month on which I pay R5 000 in tax. As I also own a property, I am...
by adminfwc | Nov 19, 2024 | Financial Planning, Tax
16 – The end of financial emigration Question I have been living in Australia for the past two years and am in the process of finalising my permanent residence. I’m still a registered taxpayer in South Africa. I have a preservation fund in South Africa and heard...
by adminfwc | Nov 19, 2024 | Business, Estate Planning, Investment, Retirement, Tax
22 – How to reduce estate duty and executor fees Question I discovered that my parents do not have a will and have done no estate planning. My father says that he does not have enough assets to have to pay estate duty. Is he doing the right thing? Answer If you...
by adminfwc | Nov 19, 2024 | Business, Tax
44 – Key issues to look out for on home office tax deductions Question I am employed by a large company and have been working from home for most of the past year. Am I able to deduct home office expenses from my income tax? Answer I am always wary when it comes...
by adminfwc | Nov 19, 2024 | Investment, Tax
45 – Tips on how to effectively finalise your estate Question I retired three years ago, with half my income coming from my company pension fund and the other half from interest from investments. I am paying tax at a rate of 41%. Is there anything that I can do...
by adminfwc | Nov 18, 2024 | Retirement, Tax
75 – The taxing question of retirement savings Question I will be retiring soon and have several assets that I can use to draw an income from. I want to pay as little income tax and estate duty as possible and also ensure that my money doesn’t run out. How do I...
