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Taxation Laws

Investment Tax South Africa South Africa HoflandThe New Retirement Taxation Laws Amendment Act legislation postponed
Government has again been forced to backpedal on a tax law amendment compelling two-thirds of provident fund savings to be put in a retirement annuity.

The Cabinet will table an urgent legislative amendment to postpone the implementation date of the Taxation Laws Amendment Act, which was supposed to become effective 1 March 2016.
Treasury said the following changes will be introduced through an urgent tax amendment bill, to be tabled next week:
The bill will propose to Parliament to postpone the annuitisation requirement for provident funds for two years, until 1 March 2018.
Provident fund members will not be required to annuitize contributions to their funds that were made before 1 March 2018.

To ensure the integrity of the retirement system, the ability to transfer tax-free from pension fund to provident fund will also be delayed until 1 March 2018.
The following amendments will continue as scheduled from 1 March 2016:
The Retirement Investment Tax South Africa based deduction for contributions to all retirement funds (including provident funds) will increase to 27.5 per cent of the greater of taxable or remuneration, up to a cap of R350 000 per year, from 1 March 2016.

The minimum threshold required for annuitization for pension and retirement annuity funds will still be increased from R75 000 to R247 500.
Aside from the issues covered in the urgent tax amendment bill, all other provisions legislated in the 2015 Tax Laws Amendment Act (and all other tax laws) will come into force on 1 March 2016.
Hofland are proud providers of cost effective Retirement products and experts in how to utilize your hard earned income by minimizing your tax liabilities to ensure more funds are saved for Retirement.
Contact us on 082 570 3629 or visit our website at http://www.Hofland.co.za for more information on our Investment Tax South Africa based services.

A Retirement Account Can Protect Your Retirement Plans

Investment Services South Africa HoflandIf you have come to the conclusion that you need to invest for your own retirement then you should consider an individual retirement account. Investing in an individual retirement account is one of the best ways to plan for your retirement. If you are under the age of 40 then you know that the odds of social security being around to help you during retirement are slim and none.

When you are planning your own retirement you may want to consider opening an account. This is a great way to save your money so that you can plan your retirement. If you are unsure about the tax implications with your individual retirement account sit down with one of our consultants and we will assist you in looking at all the pros and cons of each type of investment account before you invest.

Hofland offers honest and reliable Investment Services South Africa based. We are proud providers of cost effective retirement options and we are experts in how to utilize your hard earned income by minimizing your tax liabilities to ensure more funds are saved for retirement. We will kindly advise you on the best offshore investment options. If you are Investment Services South Africa based please contact us on 082 570 3629.

Our Approach And Methodology

Investment Opportunities In South Africa HoflandAnalysis of Client’s investment needs
Identification of investment risks and method of limiting the impact of these risks and volatilities to ensure growth over the long-term.

Advising a tailored solution which includes proper diversification between asset classes, local and foreign content, regulatory constraints, different asset management philosophies namely active vs. passive asset management and the best fund management houses.

Ultimate investment objective is to outperform inflation and costs over the long term as well as to preserve capital amounts invested by means of lump sums.

Hofland offers honest and reliable Investment Opportunities In South Africa. We are proud providers of cost effective retirement options and we are experts in how to utilize your hard earned income by minimizing your tax liabilities to ensure more funds are saved for retirement. We will kindly advise you on the best offshore investment options. If you are seeking Investment Opportunities In South Africa please contact us on 082 570 3629.

 

Analysis Of Client’s Investment Needs

Investment Consulting South Africa HoflandThere are various factors which are taken into consideration when analysing our customers needs and which option would be best for them.

Identification of investment risks and method of limiting the impact of these risks and volatilities is to ensure growth over the long-term.

Advising tailored solutions that include proper diversification between asset classes, local and foreign content, regulatory constraints, different asset management philosophies namely active vs. passive asset management and the best fund management houses.

Our ultimate investment objective is to outperform inflation and costs over the long term as well as to preserve capital amounts invested by means of lump sums.

Hofland offers honest and reliable Investment Consulting South Africa based. We are proud providers of cost effective retirement options and we are experts in how to utilize your hard earned income by minimizing your tax liabilities to ensure more funds are saved for retirement. We will kindly advise you on the best offshore investment options. For Investment Consulting South Africa based please contact us on 082 570 3629.

Retirement Annuity – Save And Prosper

Retirement Annuity Companies In South Africa HoflandAre you currently weighing your options for retirement savings? Are you looking for a secure, low risk source of retirement income? If so, then you should consider a fixed Retirement Annuity as a safe, predictable investment that will pay off over time after retirement.

As one of the leading Retirement Annuity Companies In South Africa we would like to inform you that an annuity is an investment-based income source where you receive regular payments on a yearly or quarterly basis. With a fixed Retirement Annuity you will always receive the same payments, so they are much safer than the variable annuity where your payoff fluctuates with your investment earnings.

Most people who go with a fixed Retirement Annuity want a safe, secure way to save for retirement. They do not want to deal with the fluctuating market and payments that come with the variable annuity. Yet, they also give up a lot of potential money when they go with this fixed option.

A variable annuity does fluctuate more, but it can also deliver much higher payments when the market is good. Those who have more time before they retire or have other sources of retirement income may go with a variable annuity and take the risk to earn more money.

For those who want a secure income stream that will not have that level of risk, the fixed Retirement Annuity is a good option. Many people who go this route want the sense of security that comes with the fixed payment rate.

A popular fixed Retirement Annuity that offers the best of both worlds is the equity indexed annuity, which provides downside protection with the upside of the markets. If you are considering an equity indexed annuity you should proceed with caution, however, as some are better than others.

For anyone who will be depending exclusively on this one retirement fund for income in their later years, the fixed Retirement Annuity is a much safer way to go. Many of the people who choose this type of retirement investment also tend to be those that just aren't up for taking much risk with their money. That group continues to grow right now, as more people are interested in guaranteeing money for retirement than getting as much as they possibly can.

Hofland is one of the leading Retirement Annuity Companies In South Africa who are proud providers of cost effective Retirement Investment Options and we are experts in how to utilize your hard earned income by minimizing your tax liabilities to ensure more funds are saved for Retirement.
We will kindly advise you on the best Offshore Investment options. For Investment Consulting Firms In South Africa contact us on 082 570 3629.

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