The Connector Edition 1

Introduction

With the end of the tax year coming up at the end of February each year, it is important to understand what you can do to reduce your overall tax liability.

South Africa is one of the more heavily taxed countries in the world and almost all South Africans pay some form of tax.

You will have seen the amount of tax you pay on your hard-earned income on your payslip. Our VAT rate is 15% and is levied on the purchase of most goods and services.

[Include this wording in a highlighted block / shout out] This newsletter gives you information on ways to make use of the tax benefits that exist while you increase your savings.