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

  • A decision by the Appeal Board of the FSB raises questions on how widely the financial advice ombud can cast her net in finding parties liable for investors’ losses.

  • The bank ombudsman is seeking the power to investigate beneficiary banks in cases of internet fraud.

  • The curators of Fidentia have recovered 26 percent of the R1.37 billion lost in the fraud – and some of that has been paid in recovery costs and legal fees.

  • At each step in saving for retirement, there are tax breaks. This is the fifth of six articles on the Ready Set Retire conference hosted by Personal Finance and Alexander Forbes.

Tax news

  • At each step in saving for retirement, there are tax breaks. This is the fifth of six articles on the Ready Set Retire conference hosted by Personal Finance and Alexander Forbes.

  • There is a tax sting in the tail when it comes to selling a primary residence that has been used for purposes of trade.

  • Some of the penalties imposed on provisional taxpayers who fail to meet their obligations have recently been simplified, but others have been made more onerous.

  • Amendments to the Income Tax Act have important implications for over-65s who receive income of more than R30 000 a year from interest, foreign dividends and rental.


Contact Info: Gauteng

Telephone: +27 11 447 2243
Fax: +27 11 447 2461

E-mail: gauteng@garach.co.za

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