Being heavily indebted is one of the most stressful and demoralising things a person can experience, and in these hard times a lot of South Africans are struggling to keep their heads above water. High levels of debt are also bad for the country, with 60% of our economy dependent on consumer spending. So let’s […]
A tip for anyone with too much debt Read More »
An amendment to the Income Tax Act, effective from 1 March 2018, has made it a lot easier for taxpayers to account for interest owed to them by SARS. Until last year, you had to “accrue” such interest – in other words, show it as income regardless of whether or not you had actually received
A break for taxpayers on interest received rrom SARS Read More »
What’s going on with our economy? Where is it headed? With the economy shrinking sharply in the first quarter but then rebounding to 3.1% positive growth in the second, are we destined for good news or bad? Bearing in mind the caution from physicist Niels Bohr that “Prediction is very difficult, especially if it’s about
Our economic outlook: good news or bad? Read More »
