Dying is more expensive than you think!

Estate Provider Benefit Dying is more expensive than you think. “When people die, over 30% don’t have enough money in their estate to cover expenses and debts”. – Angelique Visser, Chairperson of the Fiduciary Institute of Southern Africa You want life to continue for your loved ones when you are no longer there, so make […]

Implementation of Tax Directives Enhancements

SARS will introduce changes to its systems from 1 March 2022 to prevent taxpayers who receive income from more than one source, and where one of the sources is income from a retirement fund, ending up with a large tax debt payable to SARS after assessment of their income tax return. SARS is aware that […]

Are You a Taxpayer Leaving South Africa

One of the challenges faced by taxpayers who have left South Africa and ceased their South African tax residency has been obtaining objective confirmation. This would typically require a taxpayer to provide a raft of objective evidence to demonstrate the fact that they are non-resident, including a TCS Pin from the South African Revenue Service […]

Tax Change for People Leaving South Africa

The South African Revenue Service (SARS) recently issued guidance on its website on how South Africans can break tax residency with the country. In addition to other changes, the guidance sets out new documentary requirements that must be met to evidence cessation of an individual’s South African tax residence, said legal experts at Werksmans Attorneys. […]

Relief for Momentum Medical Scheme Members

Momentum Health Solutions has announced the benefit enhancements and product updates for 2022, and its main focus was on finding ways to help embattled consumers regain their financial and wellness momentum. In terms of the largest open medical scheme that it administers, Momentum Medical Scheme’s primary contribution to this lofty goal was to put more […]