Garach & Garach

GARACH & GARACH is a multi-disciplinary firm of Financial Advisors who provide professional commercial and financial solutions to quality conscious clients in a cost effective manner.

The firm has a vision to be the professional service provider of choice that rapidly and consistently secures superior delivery.

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Personal Finance news

  • With 94% South Africans unlikely to be able to retire comfortably, young people appear to be making the same saving mistakes as their parents.
  • SPONSORED: Managing a healthy budget can be difficult, especially during these difficult financial times, and many South Africans feel their money controls them.
  • Managing what you draw each year from a living annuity is far more difficult than managing your retirement investments during your working life.
  • The legislation regards your personal information as ?precious goods?, and grants you certain rights of protection.

Tax news

  • National Treasury says the tax on expats will go ahead, but with a major concession to low- and middle-income earners.
  • In South Africa, income from image rights is taxable, whether a player receives the income directly or via a club.
  • If you are invested directly in US or UK shares, beware the risk of unexpected costs to your estate.
  • New measures have been put in place to prevent the transfer of wealth into discretionary trusts as a means of avoiding tax.

Contact Info: Gauteng

Telephone: +27 11 782 7842
Fax: +27 11 782 4477

E-mail: gauteng@garach.co.za

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