Latest News

Stay up-to-date with with the latest news, trends, and financial insights into various aspects of Wealth Creation. FinServe’s specialists uncover the truth behind common misconceptions – so that you are able to make more informed and confident financial decisions.

Latest News

17
Oct

Property & The Journey to Financial Freedom - What You Need to Know

Join us on Thursday 17 November 2016 in Cape Town and discover an unorthodox journey to financial freedom!   Property & The Journey to Financial Freedom What you will discover, Why property is one of the best investments in the world 7 Rules every property investor must know before investing in property Is Debt really...
26
Apr

Moving Motor Vehicles To The Family Trust

By Jameel Dalvi (Group Director) The purpose of the Family Trust is to own all paid-up, risk-free assets. These include furniture, motor vehicles and certain investments (non-property). The Family Trust also represents the centre-point of a structured Last Will & Testament and Life Insurances. Unfortunately, unlike furniture which is quick and easy to transfer...
13
Apr

Panama Papers

By Michael Dryden (Group Director) The recent leak of confidential information from a prominent legal firm in Panama has created quite a stir in the media and the tax fraternity. There have been many headlines that give the impression that anyone who had utilized structures in these ‘tax havens’ are in big trouble with...
28
Feb

Tax Directives Commission Earners

By Clinton Forlee (Group Director) Due to the erratic income of many commissions earners, it is important to obtain Tax Directives annually as a means to smooth out PAYE deductions, and thereby enhancing cashflow. Tax Directives are obtained from SARS, and must be renewed annually after the new Tax Rates are announced in the...
25
Feb

New Tax Calculator

By Jameel Dalvi (Group Director) We love to add value to our clients, and therefore every year we release an updated Tax Calculator after the new Tax Rates are announced in the Budget Speech. If you were wondering how your Income Tax would change based on the new Tax Rates, please refer to our...
05
Feb

Conduit Principle (Article In REIM)

By Anthea Dryden (Group Director) We have always been at the forefront of Trust knowledge and advisory, and one of our primary objectives is to share our knowledge as far and wide as possible. Therefore it was with great appreciation when the editor of Real Estate Investor Magazine requested that we contribute to their...
24
Jan

Retirement Annuity Tax Deductibility

By Jameel Dalvi (Group Director) Contributing to a Retirement Annuity (‘RA’) has always been a popular method of providing for retirement, while enjoying a tax deduction on your Personal Taxes. Up until 29 February 2016, the tax deduction for RA Contributions is limited to 15% of Taxable Income – however, with effect from 01 March 2016, the...
06
Jan

We Have Excellent News - Prices Are Going Up!

By Clinton Forlee (Group Director) One of the main requirements for any property investor when looking for property investment opportunities is potential Capital Appreciation on the property. Will the value go up or will it go down, or just stay the same? This would be important if ever the investment be sold or refinanced...
26
Nov

Black Friday - 71% Discount On Trust Formation

By Anthea Dryden (Group Director) Ridiculous savings on so-called ‘Black Friday’ seems to be gaining momentum in South Africa. Companies that offer professional services and products however do not seem to be interested in this phenomenon, but FinServe is unorthodox. Therefore, in celebration of the ‘Black Friday’ craze, we are proud to announce that...
27
Oct

SARS Scams And Data Loss

By Jameel Dalvi (Group Director) SARS PHISHING SCAMS We have received several emails from our clients about receiving an email notification from SARS notifying them of a refund due to them – these ‘phishing’ emails are popular during tax season. Please be advised that SARS will never send you an email about a refund, and therefore...