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.
Read more ...
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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Nobody is immune to loss of income. Anyone can be retrenched, fall ill, or suffer serious injury which renders them incapable of fulfilling their employment duties. This strips away your ability to earn an income and ultimately puts you at risk of additional loss such as repossession of assets.
Read More ...Posted by Gary Walker on Thursday, June 30, 2022 Views: 11
Life insurance and funeral cover are things that everyone should think about. However, it’s important to note that there is a difference between these types of long-term insurance.
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Insuring your home is the most important thing you can do as a homeowner. This will protect you against major financial loss in the event of something happening to your home. We must first understand that anything is possible, and nobody is immune to natural disasters, crime, or other unforeseen events.
Read More ...Posted by Gary Walker on Thursday, May 26, 2022 Views: 169
