When you’re running a business, whether as a legal entity or a sole propritor , there are tax implications to keep in mind. If you’re aware of the tax implications before you kick things off, it can really help with your cash flow planning. Plus, handling the administration and compliance of your company will be a lot smoother down the road.
The Tax Implications to Consider When Starting a Business Read More »
Tax-free savings are designed to reduce South Africans’ tax liability while allowing them to save for their non-retirement goals.
It also provides flexibility as you do not have to commit to making future contributions and you can withdraw funds anytime you choose, but it’s not advisable to do so as this will have an impact on your lifetime tax-free savings limit.
Once an amount is withdrawn, that amount will be deducted from your lifetime contribution limit.
Tax-Free Investments Explained Read More »
If you have been considering installing solar panels for your home or business, there has never been a better time than right now.
Investing in solar energy is an option that will offer long-term benefits, not only will you save money & reduce your carbon footprint but it comes with new tax incentives too.
