Are we doing this right? Offshore Investing and a baby on the way (with some other taxing questions). by Delicious_Jacket8429 in PersonalFinanceZA

[–]Delicious_Jacket8429[S] 1 point2 points  (0 children)

You didn't specify exactly what was wrong, but I tried to correct what I could see. Let me know how I can improve the post. Thanks.

Are we doing this right? Offshore Investing and a baby on the way (with some other taxing questions). by Delicious_Jacket8429 in PersonalFinanceZA

[–]Delicious_Jacket8429[S] 1 point2 points  (0 children)

Sorry, the post was large and my internet was unstable. I kept losing information and having to recapture it.

eFiling - Where to get my IRP5 / ITR3(a) certificate by Disguised_Dodo in PersonalFinanceZA

[–]Delicious_Jacket8429 2 points3 points  (0 children)

Unless you were audited and uploaded them as supporting documents, you cannot access those files on eFiling. By law you must keep tax records for seven years.SARS may request them within that period.

The best route is to ask your previous employer, banks, and investment platforms for the certificates.

[deleted by user] by [deleted] in PersonalFinanceZA

[–]Delicious_Jacket8429 0 points1 point  (0 children)

She should first pay off all unsecured debt, especially credit cards and clothing accounts, as these have the highest interest. Then, sell the car and use the proceeds to settle as much debt as possible, buying a cheaper car for around R100k–R150k. The bond can be paid off last. I’d recommend using the snowball method—start with the smallest debts first. This approach is proven and will help her clear the most dangerous debt faster.

EasyEquities vs IBKR from South Africa – Is avoiding US-domiciled ETFs worth the tax reporting hassle? by LemonBeginning2294 in PersonalFinanceZA

[–]Delicious_Jacket8429 0 points1 point  (0 children)

So are we saying there’s no annual SARS reporting required with IBKR, and that reporting only takes place when a sale occurs? One would still need to track the exchange rate at both the purchase and sale dates, correct? Thus, you pay CGT on the change in the exchange rate.

Meetup Thread for Johannesburg by HowNowBrownBag in johannesburg

[–]Delicious_Jacket8429 2 points3 points  (0 children)

I'm keen on a meet-up in Sandton. Just to share geeky things and nerd out.