Blog and News

What are the tax benefits of contributing to a retirement annuity?

by Carrie Furman - Allan Gray Tax Team Manager

Contributions to retirement funds are tax deductible, within certain limits. The maximum tax deduction you may make in a tax year is limited to the greater of 27.5% of taxable income or remuneration from your employer, subject to an annual ceiling of R350 000. On 1 March 2016, the tax deductions for retirement savings increased from 15% to 27.5% - which means you can now save more for retirement and get back more from SARS

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Bump up your savings with a tax-free investment

by Mthobisi Mthimkhulu - Allan Gray Manager

tax-free-savingsHave you taken the plunge and started your own business, but sacrificed some (if not all) of your savings to do it? Mthobisi Mthimkhulu suggests using a tax-free investment to boost your savings and preserve your tax benefits.

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Should you take investment advice from family and friends?

by Lettie Mzwinila - Allan Gray Business Development Manager

Your friends and family may offer you financial advice with good intentions, but you should be wary of basing your investment decisions purely on stories shared “around the braai”. Lettie Mzwinila explains.

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What can we learn from the Springboks when it comes to setting financial goals?

by Belinda Carbutt – Allan Gray Business Development Manager

Rassie Erasmus took over as Springbok coach with 618 days to the Rugby World Cup. At the time the state of Springbok rugby was dire, with the team having lost 12 out of 25 games. When Rassie took over the coaching role, he had a clear vision: to turn around the team’s poor performance and ultimately win the World Cup. He adopted a driven and focused mindset, set clear objectives and put a framework in place to achieve his goals.

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How to diversify efficiently from South Africa?

by Tinotenda Mtemeri - Allan Gray Business Analyst in the Institutional Client Services Team

ho-t0-diversify-efficiently-from-sa-small

The poor performance of the rand is an ongoing concern for investors. Gaining offshore exposure is a good way to mitigate against the risk that a weak rand presents, but what is the best way to go about doing so?

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News

Welcome to our news section where we will do our very best to keep you up to date with relevant and interesting information about investing, investments and the financial services industry in general.

Recent articles

  1. What are the tax benefits of contributing to a retirement annuity?
  2. Bump up your savings with a tax-free investment
  3. Should you take investment advice from family and friends?
  4. What can we learn from the Springboks when it comes to setting financial goals?
  5. How to diversify efficiently from South Africa?