How can we help you?
We are your partners in wealth management, dedicated to sharing in your journey to financial freedom.
I don’t know what I would do without Hennie and Ian! And it’s about my future financial health always. Hennie and Ian advise me on what and when to do things but their expertise is much broader and of higher value than my portfolio.
Wel as ‘n persoon wat nie juis in geldsake en beleggings belangstel of onderlê is nie, is Delfin van die uiterste belang vir ons. Ons het ons totale bates, naas ons huis, aan julle toevertrou en tot nog toe was ons tevrede en ervaar ons gemoedsrus.
The advice and friendly, efficient service that I have received from Ian, Derick and all support staff has led me to feeling that I can trust Delfin with not only my portfolio, but also other personal matters.
Ek vind die advies en persoonlike kontak gee vir my riglyne oor hoe om langtermyn finansiële besluite te neem. Ek voel Delfin het my belange op die hart en kyk na die volle prentjie.
We’ll help you navigate the complex world of tax, to ensure that you cover your responsibilities and optimise your after-tax returns.
At Delfin, we understand that dealing with tax matters can be a stresssful experience. We’ll make sure that you’re ready for tax season, able to adapt to challenges, and prepared for the future.
From utilising pre-tax investment vehicles to tax withdrawal strategies; we’ve got you covered:
eFiling/Tax Returns
SARS is changing with the times and embracing technology, but for you as a taxpayer, this is only useful if you understand how the tax system works. Instead of reading through all the FAQs and guides, let us help you submit your tax return and make sure you don’t pay more tax than you have to and that you’re ready for that dreaded SARS audit.
Tax on Retirement
When retiring from your Pension, Provident, Preservation or Retirement annuity fund, you have certain options in terms of how much you would like to take in cash and how much you want to use to provide you with a pension. There may be different rates of tax on the amount you take in cash and the pension you receive in the future.
We will help you understand the interaction between these two taxes and develop the right strategy for you, based on your immediate and future income and capital needs.
Tax Withdrawal Strategies
Whether you are an employee that contributes to a pension or provident fund or are self-employed and contribute to a retirement annuity, these contributions can be deducted from taxable income. This means that you can save up to 67% more in these pre-tax investment vehicles than in an after-tax investment and still have the same amount of money left to spend.
This is only half of the picture though. Your savings plan needs to be matched with a withdrawal strategy to ensure that you don’t end up paying all that tax back once you have retired. Using different asset classes, investment vehicles, trusts, and the allowances of your marital regime, we will help you pay as little tax as possible, before and after retirement.
Tax on Resignation
When resigning from your job and withdrawing your Pension or Provident fund, you have the option to take the accumulated funds in cash. You may however be taxed on this withdrawal and not only will you end up giving a big portion of your hard-earned savings to SARS, but it will also have an impact on the tax concessions available to you at retirement.
Often the decision to withdraw is based on an incomplete understanding of all the options. We will help you understand your options and not only the immediate, but also the future tax implications.
Tax on Retrenchment
Retrenchment often comes as a shock and doesn’t allow you to properly plan. Furthermore, you are forced into some decisions that can impact your future planning, like a severance package using up your tax-free allowance at retirement.
We will help you make sense of it all and develop a plan that minimises tax, but still provides you with the necessary flexibility to navigate the uncertain times that might lie ahead.