Your Life File
Visit our website What Happens If You Pass Away Without a Life File? (Spoiler: It’s a Mess!) Losing a loved one is hard enough—imagine adding a mountain of paperwork, missing documents, and financial confusion on top of the grief. That’s the reality for countless families when someone passes away without a Life File in place. […]
Section 42: Asset-for-Share Transaction
Written by: Max Azer What is it?: Section 42 of the Income Tax Act, No. 58 of 1962 provides a corporate relief (deferral) mechanism commonly referred to as an asset for-share transaction. In substance, this entails a transaction where a person (natural person, trust or company) disposes of his assets to a South African tax […]
Greylisting’s Grip: SARS, Master & CIPC Demand More from South African Residents
South Africa’s greylisting by the Financial Action Task Force (FATF) in February 2023 has sent ripples through the nation’s financial landscape, impacting individuals and businesses alike. Among the most noticeable changes are the intensified scrutiny and increased information demands from key regulatory bodies, particularly the South African Revenue Service (SARS), the Master of the High […]
Shining a Spotlight on Our Exceptional Clients
Throughout the year, Finleys has had the privilege of shining a spotlight on some of our exceptional clients, highlighting the incredible work and services they offer to their communities. As we reflect on the past year, join us in revisiting these inspiring stories and celebrating the dedication, passion, and positive impact our clients have had […]
The Finleys Approach: Guiding your business towards sustainable prosperity
Running a business is no easy task, and the decisions you make can significantly impact your company’s success or failure. While every business owner strives for prosperity, not everyone possesses the expertise to navigate the complex world of finance and strategic planning. This is where Finleys comes in—our full-service, professional, and internationally-minded team specialises in […]
The tech issue
You don’t have to like the idea of Artificial Intelligence. You do, however, need to get to know it. Many people hated the concept of a smartphone in the early days, and even today a lot of people dislike their phones. But everybody uses them – they must. The world is built around them.
Aitsa! Aftercare centre
The Aitsa! Aftercare Centre, a Dwarsriver Valley initiative, creates a loving, safe, and stimulating environment after school, where all children are supported to reach their full potential. Aitsa! opened its doors in the small village of Kylemore (outside Stellenbosch) in 2014. Aitsa! was established to provide a safe and nurturing environment to children, while most […]
Don’t leave your legacy to chance
When it comes to securing your family’s future and ensuring your hard-earned assets are distributed according to your wishes, there’s one crucial step you shouldn’t overlook: estate planning. At Finleys, we understand the significance of this process and are here to guide you through its complexities. Make sure your will goes your way Crafting a […]
Turn your challenges into opportunities
South African businesses are currently grappling with a range of pressing challenges that are impacting their operations and growth. These challenges include a weak economy, a shifting job market, loadshedding, rapid technological advancements, and the need to address sustainability considerations. To overcome these obstacles and thrive in this complex environment, business owners must implement effective […]
SARS medical scheme fees tax credits for individuals (medical and disability expenses)
In South Africa, individuals are required to assess their personal income tax obligations annually. As part of this income tax calculation, taxpayers need to determine their medical scheme fees tax credit, also known as medical tax rebates. In the South African tax system, personal expenses are typically not considered when calculating an individual’s income tax […]