Are you Aware of the Tax you’ll Pay on your Severance Package if you Get Retrenched?
Let’s get straight into some of the financial implications of Covid-19: Economists are predicting that anywhere between 350 000 and 1 million people in South Africa could lose their...
Will SARS Take A Healthy Chunk Of My Life Insurance Pay Out?
Life insurance isn’t something you get all warm and fuzzy about, is it? We all pay our premiums diligently, every month, and if some ill feeling or resentment...
Tax You Will Soon Have To Pay SARS If You Are Working Overseas
Storm clouds are brewing for South African residents who are working abroad. If that happens to be you, then make a mental note of the following date –...
What type of retrenchment benefit can you expect, and will it be taxed?
The unemployment rate in South Africa is sitting just below 30%. That’s a staggering statistic and the highest jobless rate since the first quarter of 2003. And if...
How much money can I legally ship out of South Africa each year?
The elections have come and gone, and just recently we had the news that our economy posted the worst growth figures in a decade. There is a sense...
Do I need to file a tax return?
Folks, it’s that time of the year again… You know, the time of the year when submitting tax returns is on everybody’s mind. The 1st of July marked...
The not so sweet truth: understanding how sugar tax affects you
The 20% sugar tax proposal by the National Treasury is being met with great resistance. Find out why here... In February this year, during his Budget speech, the...
5 Websites that will change your life
Imagine a world with no laundry… A world where your tax is something you do for fun. Imagine never paying full price for luxury accommodation ever again, where...
Understanding what the 2016 budget means for you
Trying to figure out what everything in this year's Budget speech means? The team at MoneyShop have taken the liberty to break it down for you – highlighting...
How can you give your staff incentives without being taxed
Hailed as one of the most progressive taxation systems in the world, the last thing that South African employers want to do is get caught with their pants...