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

  • The recent events in the markets may have unnerved you, but having a long-term goal in mind will help you to stay on course.

  • If you can’t stomach the ups and downs, perhaps you should review your investment strategy.

  • When your bank card gets cloned and money is pilfered from your account, who is liable: you or your bank?

  • At a recent Ready Set Retire Club presentation, Jenny Gordon from Alexander Forbes detailed ways you can use tax breaks to maximise your disposable retirement income.

Tax news

  • National Treasury has moved to close a loophole that enables taxpayers to save on estate duty by contributing substantial amounts to retirement annuity funds after they have retired.

  • Taxpayers over 65 who belong to medical schemes may see an increase in their monthly incomes if National Treasury’s proposals to amend the PAYE and provisional tax calculations are implemented.

  • A recommendation to stop taxpayers from using trusts to reduce tax could result in people who have established trusts for tax purposes only reconsidering their viability.

  • South Africans who provide services from within this country to entities or individuals in another country should not be able to claim a special tax credit for foreign withholding taxes.


Contact Info: Gauteng

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

E-mail: gauteng@garach.co.za

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