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If you’re ill, trying to figure out how the additional medical expense credit works for you is not likely to help!

[If you would like to access previous articles scroll the bottom of the "About the author" section and click on the link] A reader recently drew my attention, once again, to the complexities of the tax 'medical rebate'. Fortunately, I was able to answer my reader's question quite easily - "I am retired (over 65) … Continue reading If you’re ill, trying to figure out how the additional medical expense credit works for you is not likely to help!

How much tax do you pay when you invest your savings?

Much is written about the importance of saving....by putting away a little every month (be it R100, R1000 or more) you (here I am talking about natural persons and not companies or trusts) can accumulate some funds for things you might need later in life. And those savings tend to grow themselves. Generally, the money … Continue reading How much tax do you pay when you invest your savings?