Everything Counts | Episode 13: Getting tax-smart

Loading player...
In this episode of Everything Counts, we explored various tax-saving strategies available to South Africans. With insights from tax experts Nicci Courtney-Clark, head of Tax at TaxTim and Bronwen Trower, co-portfolio manager at Investec Wealth & Investments, we uncovered how you can optimise your tax savings in South Africa while remaining compliant.

This episode is perfect for anyone looking to be more tax-savvy and keep more of what they earn.

Everything Counts is a bi-weekly podcast series that focuses on money and financial wellness. Hosted by 702's Motheo Khoaripe, each episode tackles various aspects of personal finance, including saving, spending, investing, pitfalls to avoid and tricks to succeed. The podcast aims to provide valuable information and expert guidance to help listeners improve their financial well-being.

Key moments

00:00 Introduction
01:00 Tax-free savings accounts explained
03:00 Retirement contributions and tax benefits
05:00 Tax considerations before retirement
06:00 Donation tax benefits and requirements
08:00 Home office deductions: What qualifies?
10:00 Understanding medical tax credits and expenses
13:00 SARS auto-assessments: Pros and cons
14:00 How to dispute an auto-assessment
17:00 Penalties for missing tax deadlines
18:00 Common tax-saving mistakes to avoid

YOU MIGHT ALSO BE INTERESTED IN:
As an Investec client, you have access to a dedicated Investec financial adviser for your life insurance and investment needs. Our advisers provide objective advice with no additional fees or commissions. Ensuring transparency and trust. Experience clear, unbiased advice with your trusted financial partner.
12 Nov 2024 English South Africa Business · Investing

Other recent episodes

Macro Monday Ep112: Markets aren’t pricing in ‘stagflation’

Ordinarily, you’d expect an oil shock to lead to not only higher inflation, but also weaker equities and a lower growth outlook. However, markets aren’t pricing in a stagflationary outcome. Chris Holdsworth, Chief Investment Strategist, at Investec Wealth & Investment International, examines this apparent anomaly.
20 Apr 9 min

NOW Ep125: Capital meets reform | Is South Africa investable again?

South Africa’s reform momentum is becoming more visible but so are the constraints that could stall it. In the latest episode of No Ordinary Wednesday, Jeremy Maggs is joined by Rudi Dicks, Head of the Project Management Office in the Presidency; Martin Meyer, Head of Energy and Infrastructure Finance at…
15 Apr 30 min

Macro Monday Ep111: Global growth and inflation outlooks deteriorate

Standing in for Chris Holdsworth, Osagyefo Mazwai discusses the latest on the conflict in Iran, and against this backdrop, signs of deterioration in both growth and inflation in the world’s major economies. While markets are not yet pricing in rate hikes in the US, they are in the Eurozone.
13 Apr 7 min

What Next? Bridging the trust gap

In this episode of What Next?, Professor Mike Kenny (Cambridge) and Jacinta Koolmatrie examine the breakdown of trust between communities and institutions. They discuss how centralised governance and economic shifts have driven local grievances, and argue that rebuilding trust requires sharing power, working at community pace, and supporting locally led…
2 Apr 52 min