Whether you’re making your own income or getting profit from investments, there’s very little that isn’t taxed in South Africa.
Some key considerations that newbie individual investors might not be aware of are what taxes are paid when you sell an investment asset? Come dividend pay-out time, what do you keep and what is owed to the South African Revenue Service (SARS)?
Even informal savings and investment arenas, like stokvels, have tax obligations. For the novice investor, understanding the key tax implications for investing can help maximise your returns and optimise your wealth creation journey.
