How to Handle Back Taxes. As a South African taxpayer, from this analysis, I have realized that the that it is not easy, as a South African Social Tax Payer to own South African Revenue Service (SARS) some back taxes. Technological advances have made communicating to be feasible hence the stress and anxiety that accompany […]
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Two Pot System. On that note, it must also be explained that risk management may not be for everybody. This could be attended by difficulties in accessing cash at the time when it is required. Therefore, it is important to comprehend these matters prior investing. Key Takeaways Introduction to the Two Pot System in South
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Planning for retirement can feel overwhelming, especially with many options available. Understanding the different types of retirement accounts is essential for making informed decisions about your financial future. From traditional IRAs and 401(k) plans to less conventional choices like health savings accounts and annuities, each option has unique features and benefits. This guide breaks down
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In today’s unpredictable world, having an emergency fund is more important than ever. This financial safety net provides peace of mind during unexpected situations, such as medical emergencies or job loss. But what exactly constitutes an emergency fund, and how can you build one? This guide covers the essentials, including the importance of having an
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It seems impossible to get the handle on it, yet knowing one’s obligations’ importance and the ways to pay can lead to a brighter future. Overdue credit card repayments, auto loans, education loans, and many more act like a burden on most people. This article will explain why reducing debt is crucial, discusses the best
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Best practices for invoicing and managing payments. I’ve learned that efficient invoicing and managing payments are key to a business’s success. In this article, I’ll share tips to improve your cash flow, make customers happier, and simplify your finances. Ever wondered why some companies always have a steady cash flow and great customer relationships? It’s
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Best software and tools for Essential bookkeeping practices for small businesses Did you know that 80% of small businesses in South Africa face bookkeeping and financial management challenges? This fact highlights how crucial it is to use efficient bookkeeping practices for your business’s growth. This guide will cover the top software and tools for your
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Navigating the landscape of tax deductions is essential for the success of small businesses in South Africa. With a range of deductions available, comprehending how to effectively utilize them can have a substantial impact on one’s financial outcomes. This guide delves into tax deductions, covering eligibility criteria, commonly deductible expenses, and a comprehensive approach to
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Embarking on your journey into the South African stock market can be both exciting and daunting. This comprehensive guide will equip you with the knowledge and tools needed to navigate the Johannesburg Stock Exchange (JSE) with confidence. Whether you’re a complete novice or looking to refine your investing strategy, this article will serve as your
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Real Estate Investment Trusts (REITs) offer a unique opportunity for investors to participate in the real estate market without directly owning property. This guide will explore REITs, with a special focus on investing in South African REITs for beginners. Introduction to REITs REITs are companies that own, operate, or finance income-producing real estate across various
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