…the loss-making assets. Property and tax Income received from REITs is taxed at your income tax rate. Income earned from property companies that don’t have REIT status is treated as interest. After the initial R23,800 tax exemption, income received from these companies is also taxed at your income tax rate. This rate could be significantly…
Income tax and trusts: A basic introduction
…allow income to flow through to a beneficiary without being subject to tax in the trust. But, for this provision to apply, the trust income must vest in the beneficiary within the same year of assessment in which the trust receives the income. That income will not be part of the trust’s taxable income, as…
Foreign-employment income tax
…foreign jurisdiction may well choose to tax the entire income. Will I be double taxed? For amounts in excess of R1.25 million, South Africa will include the income in that person’s taxable income for the year of assessment. This doesn’t result in the income being double taxed. The foreign jurisdiction will still want to tax…
Tax on income: foreign employment and foreign employees
…In addition to taxing South African residents on their worldwide income, South Africa also taxes income that is earned from a source in South Africa. In some circumstances, the Income Tax Act specifies the kind of income and the surrounding circumstances that are deemed to be income from a South African source. When the income…
ETF: REIT ETFs and income
…but income from property ETFs will be added to your annual income and charged at your marginal rate. Even in the highest income bracket, you’ll only ever be liable for 18% capital gains tax. It’s important to be aware of this pay-off. Another downside of all that income distribution is that the capital appreciation side…
ETF: Income ETFs III – Bonds and Preference Shares
…showing the value of this deemed interest income.” In the ETF space, there are three main debt instrument categories to consider. Inflation-linked bond and fixed-income bond ETFs invest in local and international government debt. Preference shares are a great way to rake in those dividends. Inflation-linked bond ETFs Real world inflation-linked bonds pay out a…
Introducing the CoreShares Income ETF, the first active ETF on the JSE
INCOME ETF from CoreShares & 10x The CoreShares by 10X Income ETF (JSE code: INCOME) listed on the JSE on 18th May, and offers investors an easily accessible, comprehensive strategic income solution that can be bought and sold like any other ETF on the JSE and can be included in your tax-free account. Boasting a…
Wealthy Maths: Debt-to-income ratio
…when assessing loan applications. In simple terms, your debt-to-income ratio is a representation of how much of your income goes towards servicing your debt. The higher this value, the worse it is for your finances. How to calculate your debt to income ratio Add up all your monthly debt repayments. That’s everything you are paying…
Ninety One lists two Actively Managed Income ETFs
…and offshore assets, with a strong focus on income generation and capital preservation. Ninety One Global Diversified Income Prescient Feeder Actively Managed Exchange Traded Fund (ZAR feeder into USD fund) JSE code: 91GINC Dividends reinvested TER 0.53% (in. VAT) Tax-free allowed 91GINC offers offshore diversification through a global, low-duration, multi-asset income strategy aiming to deliver…
Podcast: ETFs shouldn’t be your second source of income
…it does mean the principal investment will lose buying power over time, and the 11% payout won’t keep up with inflation. This week, Riaan Honeyborne and Johan Harman both wonder if Daniel wouldn’t be better off just investing in an ETF for income. The problem with equities as a supplementary income source is that you…








