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

  • In a world first, South African banks will soon start asking you, the customer, to verify new debit orders on your account to ensure that they are authentic.

  • If you use your cellphone without a hands-free kit while driving, you are breaking the law, and if you cause an accident, the financial implications could be huge.

  • FSB head Dube Tshidi says senior executive Rosemary Hunter’s application “bristles with conspiracy theories”, but fails to challenge the FSB’s decision to close thousands of dormant retirement funds.

  • Knowledge is key to successful retirement planning. A financial planning expert at Old Mutual Corporate lists five advantages of using a retirement fund to boost your savings.

Tax news

  • The amnesty that will start later this year may be your last chance to come clean about any assets that you hold offshore illegally.

  • The special voluntary disclosure programme may seem similar to the “grey money” tax amnesty, but there are a number of differences.

  • Parliament’s Standing Committee on Finance has approved a bill that will delay for two years the requirement for members of provident funds to buy a pension at retirement.

  • National Treasury has released draft amendments to the regulations governing tax-free savings accounts to provide for the transfer of tax-free investments between product providers.


Contact Info: Gauteng

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

E-mail: gauteng@garach.co.za

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