Shares and tax: The facts
The taxman wants his bite from individuals investing directly in the stock market. In this article Moneyweb has some sound advice regarding shares and tax. Click to read the article: “Shares and tax: The facts”
Tax and Investments: How to Invest Tax-free
And sometimes we get a tax break. Click here to read “How to invest tax-free”, a Moneyweb article which describes how we will be able to invest R30 000 tax free per annum (up to an amount of R500 000) from March 2015.
Tax and Investments: Endowments
In this second article in our Tax & Investments series, we deal with tax and endowments.
Let’s start with the basics…
An endowment is a fixed term savings policy with a minimum term of 5 years.
During the 5 year term you can make one withdrawal, which you don’t pay back. The amount you can withdraw is restricted.