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padjakkels

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Everything posted by padjakkels

  1. VAT makes out 26.4% of the TAX we pay in SA - according to wikipedia. So an increase in VAT - what effect will it have? What will it do to our inflation? Think it will push us over the 6% target and then interest rates will climb, becoming a vicious circle... everything will become more expensive and we will move closer to ression... more people will loose their jobs, more people will become insolvent. Don't think its easy to keep everything in balance.
  2. padjakkels

    Hello :)

    Welcome, sounds interesting!! What criteria will you use to 'watch' a stock? Buying? Selling? Stock value? Just curious
  3. The Minister will present the 2017/2018 budget on 22nd February 2017 at 14:00. All documents will be uploaded here: http://www.treasury.gov.za/default.aspx You can provide 'tips' to the minister here: TIP Updates will be posted in this thread. What changes do you think will the government present? Full #Budget2017 speech -> http://www.treasury.gov.za/documents/national%20budget/2017/speech/speech.pdf #Budget2017 Summary -> http://www.treasury.gov.za/documents/national%20budget/2017/sars/Budget%202017%20Highlights.pdf Watch Live [video=youtube]
  4. Please provide me with details how the rest of the assets should be bequethed (inherited)... I will then proceed to draw up the will and estate planning.
  5. All information can about last years' budget speech can be found here: http://www.treasury.gov.za/documents/national%20budget/2016/default.aspx PKF and other companies also publish their own tax guide for their users. A list of tax guides for 121 countries can be accessed here: http://www.pkf.com/publications/tax-guides/individual-country-tax-guides/ the South African guide is here: http://www.pkf.com/media/10028498/south-africa-tax-guide-2016-17.pdf A more detailed tax guide for 2016/2017 is here: http://www.dejagerboshoff.co.za/wp-content/uploads/2016/03/BGR_BUDGET_DIRECTORY_Digital.pdf ------------------------- 2017/2018 Budget Speech Thread
  6. Is there a Trail/Free version of Luno? I see it's R55/month for credit reports etc. I don't need such information every month, I just pull the one free report you get from mytransunion if/when I need it The purpose of luno.co.za is to check you credit... is this different from mytransunion?Will you see more info on luno?
  7. padjakkels

    Hello :)

    WOW! 50% income savings!! Wish I could do that!
  8. How old are the 3 kids? Mary (from 1st marraige), Mark and Scott Remember Joe is 40 years old now.
  9. If Joe dies now, he want to be cremated and want to use his local AVBOB. The costs for his funeral will be R20,000. He do have an AVBOB policy and it is worth R10,000.
  10. Do Joe have any fire arms, and what must happen with them if he passes away now.
  11. So, who will inherit what if Joe passes away now. Any spesific suggestions?
  12. Joe owns a small bakery which he is the sole proprietor off but his brother in law has a 5% ownership -> please explain this a bit. If you are a sole proprietor, then you own the business and the business is JUST on your name. You can't let somebody else have 5%. If his brother in law do have 5%, then it is a partnership. Please explain a bit more.
  13. Based on the facts given in PART 1, I have the following questions, please help with providing answers: What is the current market value of the 2011 GTI? What was the cost price of his primary residence? The market value is now R1,700,000. What was the cost price of the 3 bitcoins?
  14. Thanks everyone, we are finished with PART 1 now. All the facts are shown in PART 2. We are moving to PART 3 now, where a lot of questions will be asked.
  15. True, but its all about the IMAGE these days....
  16. With so many people in debt these days... it will take them almost a life time to get out of it with not enough time to start saving before they retire. Maybe that is why so many people are looking to generate a second income these days.
  17. Do not buy magazines anymore as most of the information is already on internet, or I've read about it some where else on internet. I do buy the local newspaper as they are not in electronic format yet.
  18. Wonder if they gonna have new services? And are they still part of media24. Sent from my SM-A700F using Tapatalk
  19. Joe has a home in which he and his famili lives, the market value of it is R1,700,000. He also have a bond on it of R1,200,000. He has an additional house which he let out, he inherited it from his mom for R500,000 in 1999. The market value of it is now R1,500,000.
  20. Any questions about the estate planning can be posted here when we get to that part in the series. Process: Part 1: Gather information - This post. Please post any facts of Joe here that you want to be added. Part 2: Facts of estate - All facts will be added here. Part 3: Gather questions - Any questions about the facts can be posted here. - WE ARE HERE NOW! Part 4: Prepare will - Published will can be seen here. Part 5: Questions on will - Any questions about the will can be posted here. Part 6: Prepare estate planning - Published estate planning can be seen here. Part 7: Questions on estate planning -Any questions about the estate planning can be posted here.
  21. The full estate planning will be added here when we get to that part in the series. Process: Part 1: Gather information - This post. Please post any facts of Joe here that you want to be added. Part 2: Facts of estate - All facts will be added here. Part 3: Gather questions - Any questions about the facts can be posted here. - WE ARE HERE NOW! Part 4: Prepare will - Published will can be seen here. Part 5: Questions on will - Any questions about the will can be posted here. Part 6: Prepare estate planning - Published estate planning can be seen here. Part 7: Questions on estate planning -Any questions about the estate planning can be posted here.
  22. Any questions on the will can be posted here when we get to that part in the series. Process: Part 1: Gather information - This post. Please post any facts of Joe here that you want to be added. Part 2: Facts of estate - All facts will be added here. Part 3: Gather questions - Any questions about the facts can be posted here. - WE ARE HERE NOW! Part 4: Prepare will - Published will can be seen here. Part 5: Questions on will - Any questions about the will can be posted here. Part 6: Prepare estate planning - Published estate planning can be seen here. Part 7: Questions on estate planning -Any questions about the estate planning can be posted here.
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