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What Makes a Good Accountant

chartered accountant in pretoriaAn chartered accountants work needs a high Level of preciseness and a level-headed person. There may be a detail-oriented surroundings wherever minor oversights will have immense consequences on a client’s business. one digit mistakely added to reports or financial statements or absently removed can have an effect on the rest of your financial statements and accounting records and the general financial health of an organization. that is why, At Hofland we pride ourselves in choosing teh correct candidates to join out team. Some Amongst other characteristics of Our team include:

1) Accountants who keep upbreast of financial laws and and GAAP

2) Detail oriented: A missed Zero or an added sero can affect the outlook or general health of an organizations financial reports.

3) client Oriented: It is essential to understand the long-term financial goals of an organization and what is needed to meet those targets.

Book a meeting with a Chartered Accountant in Pretoria on +27 12 3471801

Your Investment Goals

wealth managementWith out a good cause, you’re just throwing cash to the wind if you are investing in a wealth management company. Having a actually described business goal will help make your digital asset control initiative more focused, with direction, and much more likely set to succeed. Here are a few things to consider:

  • What do you want to obtain?
  • What are the blessings to your branch – and to the more business enterprise?
  • Who will this affect?
  • Why now?
  • A defined business purpose, however, is just the start. Hofland is here to help achieve your Wealth and asset management vision. Speak to our financial advisory today on +27 12 3471801

    Provident Fund Vs Pension Fund

    retirement solutionsThe primary difference is that if a pension fund member retires, the member gets one 1/3 of the overall gain in a cash lump sum and the alternative two-thirds is paid out in the form of a pension over the relaxation of the member's life. A provident fund member can get the full benefit paid in a coins lump sum.

    There are advantages and drawbacks to getting all of your benefits in a lump sum. One downside is that you may spend a lump sum in no time. Then there might be not anything left as pension for the relaxation of your existence . Then you may need to apply for a country pension. but if you make investments the lump sum wisely you have to now not have this hassle.

    a bonus of having a lump sum payment is which you avoid all of the problems in getting a private pension every month. insurance agencies and different pension finances pays a private pension right into a financial institution account if you have one, or else ship a cheque to your home address, or for your antique organization who will then bypass on the fee. but if you have no bank account or live in a place in which the postal device could be very unreliable, you might have amazing issue receiving and cashing your pension cheque each month. A lump sum will help to keep away from some of these issues.

    for workers who aren't properly paid, the quantity of a monthly pension can be so small that it offers them no security anyway. human beings additionally sometimes feel suspicious approximately leaving their money with pension fund groups once they retire. They might alternatively have the cash to look after themselves. someone who gets a lump sum may be able to put this towards shopping for a house or plot of land, while someone retiring to a rural vicinity may additionally use it to shop for cows, goats, and so on.

    The provident fund is typically extra bendy than the pension fund. part of the lump sum may be used to shop for a private pension thru a private pension employer. the main gain of a pension fund is that it's far paid for life. The pension may be paid out till you die. This gives you security because a positive amount of money will be coming in every month. in case you are not disciplined to deal with a large amount of money, then it is higher to get the cash paid out in small quantities every month.

    Hofland Financial advisors deem pension fund as the best retirement solutions for the average middle class South African. For More information, Give us a call on 27 12 3471801

    Trusts in South Afica

    financial planners in pretoriaIn South Africa, there are essentially three sorts of Trusts. These are:

    • Inter vivos Trusts or living Trusts,

    • testamentary Trusts and

    • bewind Trusts.

    Testamentary Trusts are made at the ending up of an expired bequest taking after a particular stipulation in the perished individual's will that a Trust must be set up.
    Testamentary Trusts are typically made to hold resources for the benefit of minor youngsters, since minor kids can't as far as South African law acquire anything (without a Trust, resources from the perished home left to minor youngsters are sold, and the cash is paid to them when they reach adulthood).

    Bewind Trusts are made as exchanging vehicles giving Trustees constrained risk and certain assessment focal points.

    An Inter-Vivos Trust is set up by somebody amid their lifetime to deal with specific resources or speculations and bolster recipients, for example, relatives. These can be vested or optional trusts. In vested Trusts, the advantages of the recipients are set out in the Trust deed.

    In optional Trusts the Trustees have full tact at all times about how much every recipient is to profit

    Hofland is a financial planning company dealing with Investments and retirement planning.

    For More inforamtion regarding your financial plans, Contact A Financial planner at Hoflands Today 

    The Difference between a an investment adviser and a financial planner

    accountants in pretoriaFinancial planners are basically investment advisers. With that being said , it is important to understand that not every investment advisor is a financial planner. Financial planers will help you organize aspect of your financial goal including savings, investment and spending

    Before you get in touch with any a financial professional, you should be aware of the exact services you are in need of and what the financial person can assist with and what the limitations of his/her service may be .

    Be very well aware of financial advisors who are only able to recommend that you invest in a narrow range of products are call Salesmen. These financial advisors have a tendency of giving clients as little information as possible regarding the cost of their services as they charge sky high prices.

    To speak to a transparent investment advisor in Pretoria contact Hofland Today.

    Hofland Investment Consultants

    The main reason for creating Hofland Independent Consultants was to enable us to provide our clients with unbiased, truly independent and transparent retirement investment solutions. Read More

    Contact Details

    Email: info@hofland.co.za
    Tel: +27 12 3471801
    Fax: 086 571 8263
    Cell: +27 82 570 3629