The change only impacts individuals who are South African tax residents.
Six financing scenarios for a vehicle priced at R200 000 show how short-term ease of repayment can translate into substantial pain later.
Does being able to close company accounts give banks too much power?
Under the new legislation, South African tax residents abroad will be required to pay tax of up to 45% of their foreign employment income.
Disciplined additional payments make a big difference.
Primary school parents are expected to feel the ‘Januworry’ crunch this month with crippling Grade 1 school uniform and stationery prices meaning some parents could spend as much as R3,000 per child.

Personal Finance Court ruling provides some relief for borrowers

The maximum interest rate on second loans has been reduced.

Personal Finance An open letter to consumers from a financial advisor

All I ask is that at the very least you have the courage to treat me with the respect that I have earned and allow me the opportunity to listen.

Personal Finance What to consider when planning for retirement

We will all reach a stage where we will have to retire from our jobs. When this day eventually comes, we need to ensure that we are in a space to retire comfortably.

Personal Finance Personal finance every Monday in The Citizen

In The Citizen’s Business section, we target those struggling to keep their heads above water.

Personal Finance If you’re lucky, your take-home pay picked up a notch

According to a report, South Africa’s average formal sector take-home pay is 5.8% higher than January 2017.

Personal Finance How to teach your kids to think more critically about money

Good financial decision-making is about more than avoiding debt or having a budget, it’s about critically analysing your options.

Personal Finance How you can turn your mortgage into an asset

Leonard Kondowe from Rawson Finance explains how you can use the equity on your home loan to access finance for other projects.

Personal Finance Investment advice from the tea boy

As Ernest Hemingway once famously said: ‘At first you go broke slowly and then suddenly…’.

Personal Finance Business Bundle for SMEs

Solid investment: Small business is vital in the bank’s arsenal.

Personal Finance Dreams come true at Nedbank

Use bank’s toolkit: the essential guide for small-business owners.

Personal Finance Stock Investing 101: how to get started

Investing is a lot simpler than people think, but it’s always daunting because it’s your money.

 

 

 

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