This week's best articles, alongside short snippets of miscellaneous interestingness that you won't want to miss out on.
Dear Reader,
Welcome to your first newsletter from Olemera Financial Services. For a while now it has become clear that we need to do more to keep you informed on a regular basis of how to use various financial products and services to your advantage.
Therefore, with the tax season in mind, we have focused on Tax Efficient Investments, some of which you may know of, and others well worth investigating. Finding tax efficient investments has become increasingly important as the South African Revenue Services (SARS) makes changes to the regulations around tax deductions.
Going forward we would also welcome suggestions for any future topics from our readers and these suggestions can be forwarded to [email protected]
SARS has introduced several changes ahead of the 2019 tax season. However, one of the most significant changes is that tax payers earning below R500 000.00 per annum will no longer be required to submit tax returns as opposed to the previous R350 000.00 threshold.
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We cannot stress enough the importance of having a retirement annuity or another form of savings or investment to finance your years of retirement.
As South Africans, we are faced with a plethora of challenges which make providing for our retirement relatively tricky.
The tax-free savings account came to life in 2015 and was introduced by the South African government to encourage citizens to save.
Johannesburg Office: 0861 001 911
Olemera Financial Services 42 Shepherd Avenue, Bryanston Ext5, Sandton, Gauteng 2194 South Africa
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With the year coming to a speedy end, we thought it would be wise to share some tips on how to spend your bonus this year. Spoiler alert – we don’t want you to spend it at all. Instead, we want you to use it in ways that will help you reach your goals.
Read More ...Posted by Gary Walker on Tuesday, November 15, 2022 Views: 55
Although there are countless benefits of working with a financial planner, we are going to look at four that stand out, especially when it comes to retirement planning.
Read More ...Posted by Gary Walker on Friday, October 28, 2022 Views: 135
We often get asked “how late is too late to start saving for retirement?” The simple answer is that it’s never too late. No matter how late you start saving, or how much you save, every bit counts towards a more comfortable retirement.
Read More ...Posted by Gary Walker on Wednesday, October 12, 2022 Views: 212
