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No sigan negando la pensión a los servidores públicos

No sigan negando la pensión a los servidores públicos
acento.com.do - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from acento.com.do Daily Mail and Mail on Sunday newspapers.

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Retirement Annuities vs Tax-Free savings. Where to begin?

Retirement Annuities vs Tax-Free savings. Where to begin?
In order to maximise returns, does it make sense to exhaust contributions to Retirement Annuities before starting to invest in tax-free savings products?
According to the Managing Director of Prudential Unit Trusts, Pieter Hugo, the answer is yes.
Although individual needs differ from person to person – some might have shorter-term goals – in general terms, contributions to Retirement Annuities (RAs) are exempt from income tax and contributions are made from a total
pre-tax income (up to a certain limit).
Hugo believes that Tax-Free investment products are vehicles that investors should consider as part of their overall investment portfolio because it allows the opportunity to invest tax-free. However, contributions to Tax-Free savings products can only be made from ....

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Budget - Time For Wealthy Taxpayers to Look Offshore?

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‘We owe a lot of people a lot of money.’ That blunt, ominous statement by Finance Minister Tito Mboweni in his 2021 budget speech shows the deep financial hole the South African economy is really in – and warning lights are starting to flicker for South Africa’s wealthy taxpayers.
A key takeaway from the Budget was the staggering R213 billion under-collection of tax in 2021 compared to 2020. This is the largest collection shortfall on record, and comes against a backdrop of a debt burden of R5.2 trillion by 2023/2024.
As a result, there is a renewed focus on the wealthier taxpayer base, who are being singled out for scrutiny amidst calls for a ‘wealth tax’ on high nett worth and ultra-high nett worth individuals, says Tim Mertens, chairman of Sovereign Trust SA. ....

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Warning lights flickering for South Africa's wealthy taxpayers

Warning lights flickering for South Africa’s wealthy taxpayers
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“We owe a lot of people a lot of money.”
That blunt, ominous statement by finance minister Tito Mboweni in his 2021 budget speech shows the deep financial hole the South African economy is really in – and warning lights are starting to flicker for South Africa’s wealthy taxpayers.
This is according to Tim Mertens, chairman of Sovereign Trust SA, who said that a key takeaway from the budget was the staggering R213 billion under-collection of tax in 2021 compared to 2020.
This is the largest collection shortfall on record, and comes against a backdrop of a debt burden of R5.2 trillion by 2023/2024. ....

South Africa , South African , Leah Mannie , Tim Mertens , Tito Mboweni , Sa Revenue Service , Sovereign Trust , Reserve Bank , Foreign Investment Allowance , South African Retirement Annuity , Pension Funds , Retirement Annuities , Business Technology , Sovereign Trust Sa , லியா மேனி , நேரம் மேர்தேன்ஸ் , ச வருவாய் சேவை , இறையாண்மை நம்பிக்கை , இருப்பு வங்கி , வெளிநாட்டு முதலீடு கொடுப்பனவு , ஓய்வூதியம் நிதி , ஓய்வு வருடாந்திரங்கள் , வணிக தொழில்நுட்பம் , இறையாண்மை நம்பிக்கை ச ,