Q: I have a retrenchment package and would like to invest some into a new business and some for retirement.Can you give me some general pointers? (I live in South Africa.) A: Firstly there may be some tax implications on your retrenchment package but there are special tax rates applicable to severance benefits. From 1 March 2014… [Read More]
Q & A: Property – deeds
Q: When a home loan is fully repaid, is it financially of any benefit to transfer into home owner’s name or should the deeds be held by the Bank until the death of the home owner? On death it would presumably go into the estate and then onto the spouse, if the will was set… [Read More]
