SHOULD YOU USE YOUR

CityPress - - Business -

ex­empt from taxes, in­clud­ing div­i­dends tax, tax on in­ter­est and cap­i­tal gains tax. The move by Fi­nance Min­is­ter Pravin Gord­han shows that gov­ern­ment con­tin­ues to en­cour­age long-term in­vest­ing.

“If one were to in­vest R30 000 be­fore March 1 and then top that up with R33 000 later in the week [in the new fi­nan­cial year], you could save your­self quite a lot of tax.”

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