Also known as The Commutation of Benefits, there are some big changes coming for retirement and provident fund holders. Essentially, these all relate to how the money is drawn (commuted) or re-invested.After being delayed by a year, the Taxation Laws Amendment Act is being put into place on 1 March 2016 (‘T-day’). The legislation changes […]
Author Archives: lifeforce
Are you an employer?
Many of my clients run their own businesses, employing staff and looking for ways to grow their business. In this busy way of life, it’s easy to overlook or lose track of changes in the legislative systems that affect employers.Here are some important legislative changes will be affecting all employers and retirement fund members from […]
Thistle save you a buck
With Valentine’s Day around the corner I thought I would write a piece about the proper procurement of flowers. What to look for and how to get the best bouquet for your buck. Starting with the obvious, if you are buying flowers for someone special then it’s best to know either their favourite kind of […]
Another 5 Financial Reflections for 2016
Looking forward to another year of financial success means embracing monetary mistakes of the past. More importantly, you need to be honest with yourself about where you currently are and where you want to be.Here are another 5 Financial Reflections from 2015, for 2016:Don’t let yourself be pressured into buying designer goods Branding is such […]
Reprieve for taxation of trusts
For all our clients who have investment portfolios structured in trusts – both trustees and beneficiaries – the release of the Davis Tax Committee (DTC) first interim report on 13 July 2015 put forward some concerning proposals.However, I was extremely relieved to hear Professor Davis’ announcement that certain of the proposed amendments, as outlined in […]
5 Financial Reflections for 2016
It’s that familiar time of year when you envision a “new you” and foster a compelling motivation for self-improvement. However, the year always seems to form into an uphill race and once you return to the daily grind it becomes easier to allow yourself to slip-up in your devotions.Reflecting on areas where you have encountered […]
Back to school budgeting
During this time of the year most of our budgets are understandably depleted, with schools going back in two weeks, we should be mindful of back-to-school expenses that are around the corner.This also affords a great opportunity to chat with your kids about the costs associated with their schooling needs. Involving your children not only […]
MORE Fun things to do for around R50 (or less!)
With so much on offer in these beautiful cities I couldn’t resist adding some more fun and financially-friendly activities before everyone goes back to reality (also known as work). So here are some MORE fun things to do for R50 (or less!) in Cape Town, Johannesburg and Durban:CAPE TOWNWalk or Climb to the top of […]
Giving and gratitude
It’s a time of year focussed on gratitude, giving and new beginnings. But, did you know that studies have shown that people who regularly practice giving thanks are happier and healthier?According to a psychology professor at the University of California at Davis, people who regularly practice feeling thankful have an advantage when it comes to […]
Crafty Gift Ideas
When it comes to gifts they say it’s the thought that counts. While it’s great to receive the latest gadget that you’ve been eyeing for a while, it won’t be nearly as heartfelt as a one-of-a-kind handmade gift.You can save money and creatively tackle your gift list this year with some crafty gift ideas. The […]