Questions tagged [south-africa]
For questions that relate to the laws, practices, and products of South Africa.
21
questions
1
vote
0
answers
24
views
Claiming an income-tax loss on property rental in ZA
I have a property which has been let out for the past several years.
Last year the property was vacant for six months and there were also several expenses incurred for repairs - plumbing, electrician, ...
1
vote
0
answers
100
views
Parcel stuck at customs. Further instruction should be requested from "Buyer" or from "Seller"?
I have an issue where a package is stuck at the logistic company customs offices because the seller has apparently misdeclared the content value. I am not going to pay the fine they want me to pay so ...
1
vote
1
answer
127
views
Liability for poor investment advice?
[Country is South Africa but I am also interested in this in the context of the U.S. / Europe]
A good friend of mine has trusted a wealth manager with her sizeable portfolio for the last 6 years. Her ...
0
votes
0
answers
57
views
One RA vs multiple RA's (investments in general as well)
I am young and trying to work out how I want to get a retirement annuity sorted. My question is, is it better to put 9 in to one RA, or 3 3 3 in to 3 different RA's? (here I just use the numbers to ...
2
votes
5
answers
186
views
What should I invest in other than pension or real estate
I live in South Africa, and the country is not exactly going in a good direction. I am 24 years old. I would like to start investing in something for my future.
One option is to get a pension fund. ...
2
votes
0
answers
256
views
My Account was used to commit fraud
I started dating Sven at the end 2016, I had just been divorced.
He left for Congo in December 2016 and returned in December 2018.
Upon his return, he advised that he needed a card where he can ...
5
votes
1
answer
224
views
Would high interest rates offset the issue of keeping money in a weak currency?
I am a UK resident and recently I managed to unlock an account in South Africa with FNB that my family had set up for me. The account is worth R90k (~£5k). I have no intention of moving back to South ...
4
votes
0
answers
92
views
Having worked overseas and accrued a pension, can I transfer it to my country of origin?
As a Brit who worked in South Africa for a few years and accrued a pension, now I've returned is it possible to transfer said pension tax-free to a UK pension provider (SIPP or otherwise)?
0
votes
1
answer
262
views
Is Private Pension Worth It
I am 23 and now looking into what to do with some leftover monthly money. My question is whether getting a pension is worth it or not. Are pensions in general just scams? Am I just wasting money on a ...
2
votes
0
answers
50
views
How do I calculate my provisional tax so I don't get so much tax back?
I am a South African provisional taxpayer with my own business. I usually calculate my provisional taxes only based on my business incomes and expenses. Then when I file my income tax I have a ton of ...
1
vote
1
answer
133
views
How do I determine my local version of the American FDIC or NCUSIF insured savings account?
I'm not an American, but I'd like to take advantage of this good advice and put 6 months of emergency funds into a savings account. However, I don't know what account to use locally because there aren'...
1
vote
0
answers
66
views
Is the full monetary amount of sub-contracting tax deductible?
At the moment I effectively work for myself, contracting full-time to a single company. I invoice this company $x every month.
In the near future, I would like to either hire or sub-contract other ...
1
vote
1
answer
334
views
How to join the U.S stock market? [closed]
I am from South Africa. I want to find out how to join the U.S stock market as a foreigner. I am currently a musician, a piano player, but trying to explore opportunities to join the financial ...
3
votes
2
answers
1k
views
Do I declare money earned outside Sweden?
I am presently resident in Sweden, but I am not Swedish. However, I do all my work outside the country for a foreign company and leave my money outside, only bringing in what I need. I am tax ...
2
votes
2
answers
1k
views
YouTube Monetization. Must i still pay tax even if I'm underage in South Africa?
I live in South Africa. I make videos for YouTube and I haven't monetized my videos. I would like to, but I want to know whether I will be subject to taxation even if I'm underage (I'm 15 years old).
...
1
vote
1
answer
300
views
Is sending money from abroad (p2p) banned in India?
I was looking at Paypal wikipedia entry and came across this https://rbi.org.in/scripts/NotificationUser.aspx?Id=5216&Mode=0
Am I reading/understanding this wrong ?
This facility shall be ...
2
votes
0
answers
64
views
How do I switch from payment to invoice basis?
I have done my personal finances using payment basis, because it is the simplest and the books of my small business are not particularly complicated.
However, I have recently had to register my ...
3
votes
2
answers
140
views
What to do with south african currency free fall
The South African money is losing a lot of its value and media are very pessimistic. What can i do in order to avoid my savings being worthless in a few months ?
6
votes
3
answers
29k
views
Does credit card declined negatively impact your credit score?
I have been told that trying to make a payment with a credit card that declines due to no funds, negatively impact credit score. Is this true?
Edit: This was for a payment online.
Note that I don't ...
3
votes
1
answer
138
views
Should I avoid month-end for my foreign salary payments?
I get paid from South Africa into the UK and get to choose which day of the month I want to be paid.
I was wondering whether avoiding month-end might give me a better chance of getting a better rate (...
0
votes
2
answers
3k
views
Advice on money transfer from Canada to South Africa [closed]
I am trying to figure out what is the best way to transfer money from Canada to South Africa. By best way I mean the cheapest way and of course the safest way for me. I have found a few weeks ago ...