Paying the taxman

Paying the taxman

Tax season – the period during which you are required to submit your annual income tax return – started on 1 July and is now in full swing so I thought it would be interesting to look at how long we work for the taxman in South Africa, metaphorically speaking. If we...
The economics of taxation

The economics of taxation

At a time when many South Africans are advocating the merits of increasing taxes to fund our excessive fiscal deficit, Sandy McGregor explains the interrelationship of taxation and growth. The rise of big government An efficient tax system is a necessary feature of a...
Value Added Tax

Value Added Tax

#VATMustRise:  An unpopular solution to a very real problem It would appear that the road to free quality education in South Africa would be a long road with no short-term solutions. Whether VAT will play a role in this journey only time will tell. But if well planned...
How to make sense of tax in unit trust

How to make sense of tax in unit trust

The tax you pay can have big impact on your return over time. While you cannot make investment decisions based on tax alone, it is also a factor that cannot be ignored. Learning more about the products you are invested in will help you to get the best value out of...