Finance

From the financial advice team – April 2016

The period ending March 31st 2016 can aptly be described as a roller-coaster first quarter in global markets. Despite the US Dollar and British Pound being under a fair amount of pressure, the period has proven to be the best quarter in decades for gold and global bonds.

We have seen the US Dollar slide to a 7 week low against the Euro and is on track for its biggest quarterly decline in 5 years ….

From the financial advice team – April 2016 Read More »

Advice from the financial team – October 2015

For some time we have mentioned that market valuations have been elevated, not only in South Africa, but also in other parts of the world following the rise in prices. Although many investment specialists alluded to some form of market correction at some point, the volatility over the past few months has made investors somewhat uneasy.

Advice from the financial team – October 2015 Read More »

New Tax Treaty with Mauritius

The recently announced new tax agreement with Mauritius is aimed at preventing tax avoidance and/or evasion by multinational corporations and will apply from 1 January 2016.

The treaty introduces Capital Gains Tax (where the disposed investments derive more than 50% of their value from immovable property) and will levy tax on interest (10%) and royalties earned (5%). The two countries aim to work together to determine the tax status of mutual companies and trusts and work together to collect outstanding taxes.

New Tax Treaty with Mauritius Read More »

Scroll to Top