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FUND FOCUS: ALLAN GRAY BALANCED FUND

We continue, with our fund focus, and this month we look at the Allan Gray Balanced Fund. The Fund invests in a mix of shares, bonds, property, commodities and cash. The Fund can invest a maximum of 45% offshore. The maximum net equity exposure of the Fund is 75%
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BUY AND SELL OF BUSINESS INTEREST

Business interest is defined as “the right or entitlement of a person, through ownership, agreement, relationship or otherwise, alone or together with another person.
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BUSINESS CONTINUITY – THE BUY AND SELL ARRANGEMENT

Business owners have the need to ensure that there will be continuation of the business upon the death or disability of a co-owner. They further want security in knowing that the disposal of their business interests will be dealt with in an orderly manner.
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SOUTH AFRICAN REVENUE SERVICES: AUTO ASSESSMENT

An auto-assessment is based on data that SARS has received from third parties such as employers, medical aids, banking institutions and retirement/investment funds. Once SARS has completed the auto-assessment the system will let you know.
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FUND FOCUS SERIES 1: NINETY ONE GLOBAL FRANCHISE FEEDER FUND

Over the next few months, I will choose a fund a month and give you some insight into it. These will all be funds that we, at FC Wealth and Investments, use in our portfolios on a daily basis. We start with the Ninety One Global Franchise Feeder Fund.
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PERSONAL INCOME TAX SUBMISSION REQUIREMENTS

All natural persons and non-natural entities are required to register for income tax in South Africa if taxable income is received from a South African source. This newsletter will serve as a guideline on the supporting documentation to gather and provide to your tax practitioner in preparation for the 2022 income tax season opening on 1 July 2022.
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WEALTH FOR THE NEXT GENERATION

Every parent wants the very best for their children, which often starts with ensuring that they receive the best possible education. Education, however, has become increasingly expensive over the years. Stats SA reports a year-on-year rise in tuition fees of between 4.7-7.6% for 2020.

The best things in life are tax free

Every parent wants the very best for their children, which often starts with ensuring that they receive the best possible education. Education, however, has become increasingly expensive over the years. Stats SA reports a year-on-year rise in tuition fees of between 4.7-7.6% for 2020.