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South Africans creating offshore wealth by switching SA life policies to dollar

South Africans Creating Offshore Wealth By Switching SA Life Policies To Dollar

SOUTH AFRICANS CREATING OFFSHORE WEALTH BY SWITCHING SA LIFE POLICIES TO DOLLAR Reflecting their bearish view on the rand, South African expatriates holding rand-denominated life policies are increasingly opting to convert their policies to the dollar, providing a hedge to the rand while exempting them from domestic estate tax. READ MORE Chris Maartens Insurance Specialist …

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Why You Need To Keep A South African Medical Aid

Why You Need To Keep A South African Medical Aid When Working Internationally

WHY YOU NEED TO KEEP A SOUTH AFRICAN MEDICAL AID WHEN WORKING INTERNATIONALLY Moving from South Africa is not as simple as packing up your bags, jumping on a plane and setting up abroad. There are many considerations from a financial, tax and relocation perspective including potential risks, especially when it comes to healthcare. READ …

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Budget2022 - South African Expats Remain Top Priority For SARS

#Budget2022 | South African Expats Remain Top Priority For SARS

#BUDGET2022 | SOUTH AFRICAN EXPATS REMAIN TOP PRIORITY FOR SARS The Budget Review 2022 was far from a “good news” budget for South Africans working abroad (“expats”). For the 5th consecutive year, there has been changes proposed that clearly indicate that SARS is still targeting expats and view them as low-hanging fruit to boost revenue …

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New Year, New You-Healthy Lifestyle Habits Can Impact Your Life And Medical Cover

New Year, New You – Healthy Lifestyle Habits Can Impact Your Life And Medical Cover

NEW YEAR, NEW YOU – HEALTHY LIFESTYLE HABITS CAN IMPACT YOUR LIFE AND MEDICAL COVER New year’s resolutions are famous for never making it past February. While it is perfectly normal to envision a new or improved version of ourselves, we seldom consider the impact these aspirations could hold over our life insurance or medical …

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Double-Edged-Sword-Source-Fin24-FT

Double-Edged Sword

DOUBLE EDGED SWORD The SA Revenue Service (SARS) intends to change the way it calculates the effective tax rates of people who receive income from more than one source, one of those being a retirement fund. This will be introduced as from 1 March 2022. The aim is to prevent these taxpayers from accumulating large …

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