Moonstone Information Refinery – Page 118 – Moonstone Information Refinery

Budget: Key changes for taxpayers and investors

As with the similar section 12J investment incentive schemes, the barrier to entry is high.

FSCA has taken steps after considering the statutory manager’s report.

Following ‘prolonged non-compliance’ with the liquidity and capital adequacy requirements.

Independent insights into a range of investment-related matters

The amendments to Schedule 1 of Fica mean more individuals and businesses have, by definition, become accountable institutions.

New requirements include the identification of ultimate beneficial owners and beefed-up risk management and compliance programmes.

Ruling on written-off car | Grid failure exclusions | Residential solar CoC | Coronation judgment implications | Grey-listing risk

The challenge facing Treasury is financing a permanent grant while maintaining a commitment to fiscal consolidation.

FSCA says giving investors in a targeted portfolio an opportunity to object will not effectively nullify the exemption.

Edward Kieswetter also shares his views on tax breaks for home electricity generation and a wealth tax.

BrightRock paid out over a billion rand in claims in 2022, which was more than the total claims paid in its first seven years in the market.

Survey compares Bestmed, Bonitas, Discovery, Medihelp and the Government Employees Medical Scheme.

Applicant argues that non-compliance is not a contravention when the law does not provide for a penalty.

Survey finds most wish they had treated money as a growth asset when they were younger.

Cash-strapped South Africans spending more on essential items such as food at the expense of insurance products, says DebtBusters.

Also, the group’s fiduciary business will be sold to Capital Legacy Solutions, in which Sanlam will have a have a 26% stake.