Tag Archives: income

Legal ways to pay less tax and grow wealth

In the National Budget address at the end of February, the Finance Minister is expected to announce tax increases. Fortunately, there are many ways to grow wealth in a tax efficient way. Speak to your financial adviser about ways to … Continue reading

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What to do in tough economic times

Recently I asked the 15 finalists and winners of the 2016 Entrepreneur of the Year Competition, sponsored by Sanlam and Business Partners (see http://www.eoy.co.za ), to tell me what they do to ensure that their businesses survive and thrive in … Continue reading

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Why would you choose to be an entrepreneur?

Essentially, an entrepreneur is someone who takes risks for the purpose of creating change. It’s certainly not always the easiest path, so what are the payoffs? 1. Significance. True entrepreneurship is not about survival (making a living) so much as … Continue reading

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Get to know how the small-business tax break works

While the majority of businesses are subject to the standard corporate tax rate (currently 28%), very few business owners realise that there are two dispensations, available only to small businesses, which entail a number of tax concessions. Two tax breaks … Continue reading

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