With just a few clicks you can send flowers, chocolates, gift, hampers, cards, linen, clothing and even booze to anywhere in South Africa, or abroad even! With domestic offices all over, delivering flowers and gifts on time is never a problem
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Order Valentine’s Flowers & Gifts for Your Loved One Online Today!
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Emigration Tax? ANC Regime to Charge Emigrating South Africans an Additional “Exit Tax” on Retirement Funds!
In the National Treasury’s latest published Draft Tax Bills, which incorporates the tax proposals made in the 2021 Budget, the amendment proposes a particularly worrying amendment which may upend taxpayers’ carefully planned retirement. The Draft Taxation Laws Amendment Bill (TLAB) proposes an additional “exit tax” to tax retirement fund interests of individuals when they cease South African tax residency. This proposed amendment, due to come into operation on 1 March 2022, would be a further blow to emigrating South Africans wanting to cease their tax residency
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Can I buy a house on my budget?
Let’s be honest, we all know what it feels like to have a budget stretched to its limits. Who hasn’t wished for a little more to spend – especially when you’re thinking of buying a house? And, since this is a massive investment, you need to be realistic about what you can and can’t afford. The last thing you want to do is get yourself in a situation where you can’t keep up you’re your payments.
However, while others are worrying about getting their bodies summer ready, you can get started on your own lifestyle change that will whip your budget into shape.
So, to help you make one of the biggest financial decisions you could make, we’ve compiled this flowchart to guide you through this process:
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ESKOM FACING CASHFLOW TROUBLE – THEN STOP SPENDING MONEY ON BONUSES
Eskom spokesman Khulu Phasiwe said the firm’s sales growth had been muted while its operating cost was very high and its tariff for the current financial year was low. South Africa’s scandal-plagued power utility Eskom said on Monday it was not insolvent but was facing serious liquidity issues and would be in “trouble” if the..
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Treasury senior official calls it quits as Zuma takeover looms
Michael Sachs, the head of the budgeting office at the national treasury, has reportedly resigned because of interference in its budgeting process by the presidency. The Business Day newspaper reported on Monday morning that “a joint team from the treasury and the Office of the president” are searching for R40-billion in expenditure cuts from the..
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How you will pay for Zuma’s free education plan
The government is considering drastic budget cuts to fund free higher education, including cutting social grants, freezing the roll-out of RDP houses and increasing taxes. With the country facing an unpre-cedented R50.8‑billion revenue hole, a treasury document has been put before President Jacob Zuma by the presidential fiscal committee, outlining possible areas where budgets could..
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SARS desperate – goes after taxpayer who owes R0.49
SARS is getting desperate after suffering huge shortfalls, and is now auditing a large portion of taxpayers who need to receive refunds. This is according to the Rapport newspaper, which spoke to tax practitioners about changes at the revenue service. According to the newspaper, more salary earners are subjected to audits – while SARS takes..
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How you will pay for Zuma’s free education plan
The government is considering drastic budget cuts to fund free higher education, including cutting social grants, freezing the roll-out of RDP houses and increasing taxes. With the country facing an unpre-cedented R50.8‑billion revenue hole, a treasury document has been put before President Jacob Zuma by the presidential fiscal committee, outlining possible areas where budgets could..
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Parastatal waste equals tax shortfall: Treasury will need to find new resources to close the budget gap
The R50‑billion shortfall in tax revenue that the treasury will need to find elsewhere to plug the budget gap is close to how much state-owned entities (SOEs) have thrown down the drain in the past financial year. The auditor general, Kimi Makwetu, released national and provincial audit results on Wednesday. Although the number of clean..
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The only thing falling faster than the Rand is the Presidents eyelids: Zuma caught napping during Gigaba’s mini budget speech
A screenshot of Jacob Zuma taking a nap during Malusi Gigaba’s mini-budget speech has gone viral. Gigaba delivered his “maiden” budget speech on Wednesday – and the forecast was pretty grim. But if you’re hoping that President Jacob Zuma was going to zoom in to try and boost the confidence of consumers and investors, you’re..
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