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if I am married in community of property do I (a) also account on the ITR12 my husbands intrest income etc...  or (b) do I only complete mine?
Psychic Reading And Love Spells services Call:+27 603 435 496 Are you lost and confused of what is going on in your life in general? With palm readings i can tell your past, present and future about... See more...
Psychic Reading And Love Spells services Call:+27 603 435 496 Are you lost and confused of what is going on in your life in general? With palm readings i can tell your past, present and future about your relationship, Business, marriage,career, family  and friends. If it so happen that your lover is cheating or under cheating suspense, business is not progressing and you want to fins out why, bad family members or in-laws and so many other things that you would like to know about your life.  The art or practice of interpreting a person’s character or predicting their future by examining the palm of their hand. just like the eyes are the windows to your soul, it is believed that your palms can also tell you about a series of traits that you possess. on Call or Whats app on  +27 603 435 496  
All I want is to buy shares. Any assistance?
100%, what i like about it is that using some tools one can easily get good ideas without having to research too much either... I am working on such a little tool, so if anyone wants to test it out an... See more...
100%, what i like about it is that using some tools one can easily get good ideas without having to research too much either... I am working on such a little tool, so if anyone wants to test it out and give me feedback. let me know... the BETA site is up, the content explaining the ideas is still being worked on but once registering you can see the dashboard which is the main thing - http://www.somersetcapital.co.za/
I am so grateful to Mr.Carlos Oscar.. You have made my dreams come true, after i try to invest with so many expert forex and binary traders who scammed me, I finally met carlos oscarthrough someone... See more...
I am so grateful to Mr.Carlos Oscar.. You have made my dreams come true, after i try to invest with so many expert forex and binary traders who scammed me, I finally met carlos oscarthrough someone he helped, I took a bold step invested $500 which was all I got at the moment and unbelievably I got my profit worth $5000 within 7 days I am happy right now so if you are interested in starting up an investment with him kindly Contact Him now on WhatsApp +1(502)2064419 or Email: [email protected] 
   I almost gave up until I got help from betty Richard and she recovered back my lost funds you can contact her on this Email Address  bettyrichard 722 @  gmail  .com who help me to recover alll ... See more...
   I almost gave up until I got help from betty Richard and she recovered back my lost funds you can contact her on this Email Address  bettyrichard 722 @  gmail  .com who help me to recover alll my lost funds and profits bac
@Dineo_T wrote:     Over the past couple of years South African investors have had their fair share of dodgy investment scams disguised as unique investment opportunities. Recently, someo... See more...
@Dineo_T wrote:     Over the past couple of years South African investors have had their fair share of dodgy investment scams disguised as unique investment opportunities. Recently, someone posted on the community under the talk section, asking for clarity on what seemed like advice on a cryptocurrency scheme('Financial advice and bitcoin trading'). It made me think about the case involving one Steve Twain and the ‘$50-million cryptocurrency scam’ that left some South African investors in financial disarray. In Australia, cryptocurrencies have become the second most common investment scam. Not to say there's anything inherently wrong with crytocurrencies - however, they're fast becoming an easy vehicle for scammers to take advantage of people simply because they, much like forex, remain incredibly difficult to understand for the man on the street.   Whether we're talking equity, forex or bitcoin scams, when it comes to trading or investing schemes or platforms, be sure to look out the following signs: High returns in a short period: Trading scams usually come with the promise of overnight riches. Little or no risk is mentioned: Any broker you speak to will be sure to highlight risk when it comes to investing. When returns are guaranteed, you should immediately assume that something’s fishy. Unconfirmed figures and graphs: It’s not uncommon for people to create performance charts to suit their narrative. This is easy for them to get away with when their target is uninformed. Always try to verify chart and figures. Look for accreditation or registration with the Financial Services Board (FSB): If there’s a product offering of some sort, then usually there’s a governing body that companies have to be registered with. Always check this. Granted, this may be difficult for thosw wanting to invest in cryptocurrencies to do, since most regulatory bodies haven’t quite settled on how to regulate cryptos. That said, you should still do your due diligence – look at platform reviews. You’ll find plenty reviews on platforms with a quick Google search. And pay attention to all the negative reviews. Be vigilant when it comes to putting your money in someone else’s hands, particularly if they’re not a regulated deposit taking institution. If something is off, let the South African Reserve Bank know by going to resbank.co.za or you can call the FSB’s Fraud and Ethics Hotline on 0800 313 626. If it’s too good to be true, it probably is: This is the golden rule. If you are guaranteed high returns in a very short period of time, you should be very sceptical. For those of you with a particular interest in crypto scams, you can also check out this great article on Investopedia on How to Identify Cryptocurrency and Initial Coin Offering Scams. While the FSB can’t regulate sites domiciled overseas or keep tabs on each and every single scam out there, bringing such cases to their attention can help them spread awareness. The internet has made it very easy for people anywhere in the world to run elaborate schemes and by-pass regulators. After all, the FSB and Reserve Bank can’t regulate which sites South African consumers choose to visit.   The most that you as an investor can do, is arm yourself with as much information as possible.   Want to learn how to avoid forex scams? Check out the podcasts below: Forex trading : Separating myth from reality - Part 1 Forex trading: Separating myth from reality - Part 2    I almost gave up until I got help from betty Richard and she recovered back my lost funds you can contact her on this Email Address  bettyrichard 722 @ [email protected] .com who help me to recover alll my lost funds and profits bac
I'm still new in share trade, how and when is a share paying devidend
You can lie but I know that you’re not fine (oh yeah) Every time you talk You talk ‚bout me but you swear I’m not on your mind You can pretend you don’t miss me (me) You can pretend you don’t care. ... See more...
You can lie but I know that you’re not fine (oh yeah) Every time you talk You talk ‚bout me but you swear I’m not on your mind You can pretend you don’t miss me (me) You can pretend you don’t care.  tetris   skribbl io
I see on CNBC that Anglo Gold NPL are trading. Does this mean that holding ANG we should have been issued with NPLs?
Thanks for the recommendation.
It was good watching him. I demo traded a lot of his suggestions and lost money. So I do not recommend following his trades blindly.
Yeah, these strategies tend to work really well and require less time than day trading.
I like the valuable info you provide in your articles.in forex trading istanat and right information are the back bone of trading,to improve your trading skills and get the best results<a href=“http:... See more...
I like the valuable info you provide in your articles.in forex trading istanat and right information are the back bone of trading,to improve your trading skills and get the best results<a href=“http://www.vantagepointx.com/ How-to-trade-forex/>Auto Trading</a>.
Good day, please advise what will happen to my Ashburton Global Equity 1200 shares in my Autoshare Invest account? It shows no details, and i know there were amendments: ASHGEQ ASHGEQ Ballot finalis... See more...
Good day, please advise what will happen to my Ashburton Global Equity 1200 shares in my Autoshare Invest account? It shows no details, and i know there were amendments: ASHGEQ ASHGEQ Ballot finalisation announcement Ashburton Global 1200 Equity ETF A portfolio in the Ashburton Collective Investment Scheme in Securities (the portfolio) registered in terms of the Collective Investment Schemes Control Act, 45 of 2002 Share Code: ASHGEQ ISIN: ZAE000249967 (ASHGEQ) FINAL ANNOUNCEMENT IN RESPECT OF THE CHANGE OF THE FUND STRUCTURE OF THE ASHBURTON GLOBAL 1200 EQUITY ETF, TRACKING THE S&P GLOBAL 1200 INDEX TO A FUND OF FUND STRUCTURE (AMENDMENTS).
Mining was really popular few years ago, but I see that most of the people are trading with cryptocurrency now. I wanted to buy some ew equipment when mining was the thing, but I never did it. It mig... See more...
Mining was really popular few years ago, but I see that most of the people are trading with cryptocurrency now. I wanted to buy some ew equipment when mining was the thing, but I never did it. It might have been a mistake from my side because Bitcoin price is rising again and imagine if I managed to get some. Now I want to start trading and honestly I do not know much about it, that is why I use websites like https://investotrend.com/ to learn as much as I can about it. Good thing about them is that they have so many good articles that you can learn from.
I learnt trading few years ago but I didn't trade on live account
I will take into account this market´s change, I hope alpari has good rates for it
I will take into account this market´s change, I hope alpari has good rates for it
    There are some significant procedural changes this year, most noteworthy of which is the new auto-assessment procedure for non-provisional taxpayers. The submission of IT3 informati... See more...
    There are some significant procedural changes this year, most noteworthy of which is the new auto-assessment procedure for non-provisional taxpayers. The submission of IT3 information to SARS is not new and has been done for a few years. The Bank is obliged to and has submitted IT3 certificates to SARS. The certificates submitted to SARS should match the certificates that you have been sent by the bank. It is important that all certificates are confirmed to be correct so that the auto assessment is correct. In the event that your Standard Bank certificate is incorrect or you are not sure where to obtain your certificate please contact us on 0860 121 161 or email [email protected]   Guidelines for the completion and declaration of investment income in the ITR12 return for individuals can be found on the SARS website. Clients are advised to obtain independent tax advice in completing their tax returns as SBG Securities Proprietary Limited (“SBG Securities”) and The Standard Bank of South Africa Limited (“Standard Bank”) do not provide tax advice to clients.   QUESTION 1: Where and how do I disclose the investment income on my IT3 tax certificate in my IT12 tax return? The “Standard Questions” section of the ITR12 return consists of a number of questions. Your ITR12 return will be customised according to your responses to these questions. On the first page of your electronic return, you will be asked the following questions relating to investment income: Did you receive income from interest (local and foreign), distributions from a Real Estate Investment Trust (REIT), taxable foreign dividends and/or dividends deemed to be income in terms of section s8E & s8EA? (Excluding amounts received as a beneficiary of a trust(s), or deemed to have accrued in terms of s7) If your client statement discloses an amount of interest, or taxable foreign and/or local dividends received, or other investment income as indicated above, this should be marked “Y” on your tax return. The wizard will generate the “Investment Income” section of the return. (This button may be greyed and already marked “Y”). Online Share Trading (“OST”) clients (not trading on Standard Bank’s Webtrader platform (“Webtrader”)) will not receive foreign dividends except in respect of shares that are dual or inward listed. These dividends are exempt from income tax but may be subject to Dividends Tax (“DWT”) levied either in South Africa and/or offshore. Only Webtrader clients should thus consider whether they have received any taxable foreign dividends.   Were there any transactions (contributions, transfers, withdrawals, income received/accrued) on any Tax-Free Investment (“TFI”) in this year of assessment? If you have invested in a TFI during the year, you need to answer “Y” to this question and the wizard will create a field to declare TFI transactional and financial information in the return. (This button may be greyed and already marked “Y”).   Under Comprehensive Questions Did you dispose of any local/foreign assets attracting capital gains or losses? If you are of view that any gains or losses disclosed in your ‘Report of gains and losses’ are subject to the capital gains tax provisions, you need to answer “Y” to this question and indicate how many disposals took place. Shares to be combined as one disposal and the summary sections of your report may be used. (This button may be greyed and already marked “”).   If you received investment income, it is important that you indicate your marital status correctly in the “Personal Details” section of your return as it may impact the calculation of your assessment. The total amount of your investment income must be declared even if you are married in community of property as SARS will do the necessary apportionment.   QUESTION 2: Where do I need to disclose local interest in my IT12 return? The total amount received or accrued in respect of gross local interest income must be reflected under source code 4201 in the “Local Interest” sub-section of the “Investment Income” section.   QUESTION 3: Where do I need to disclose foreign interest in my IT12 return? Your client statement will disclose any gross foreign interest income that you may have received or accrued, followed by an amount described as “Tax paid – foreign”. This refers to the withholding tax paid on foreign interest received.  You should declare the total gross foreign interest income in the “Foreign interest” field (source code 4218) and the “Tax paid – foreign” amount in the field “Foreign tax credits on foreign interest” (source code 4113) in “Foreign Interest” sub-section of the “Investment Income” section.     With effect from 1 April 2012, Dividends Tax (“DWT”) of 20 percent applies to dividends declared by South African resident companies, subject to the exemptions listed in sections 64F and 64FA of the Income Tax Act No. 58 of 1962 (“the Act”). There are generally no exemptions available to South Africa individual shareholders. The DWT is paid on your behalf by the company declaring the dividend or by a Regulated Intermediary, such as your broker or central securities depositary participant (“CSDP”). You must declare the total gross dividends received or accrued in the field “Exempt local dividends” in the section of the return headed “Amounts considered non-taxable”.  You do not declare the “DWT” that has been paid on your behalf, in your return.   QUESTION 5: Where do I need to disclose foreign dividends in my IT12 return? (Only applicable to Webtrader clients) Your client statement will disclose any gross foreign dividends received, followed by an amount described as “Foreign Dividend Withholding Tax”. The foreign dividend should be declared in the field “Exempt foreign dividends” (source code 4216).  The exemption (section 10B(3) of the Act) will be applied automatically by SARS. If any foreign DWT was paid on the foreign dividend received (disclosed on your client statement as “Foreign Dividend Withholding Tax”), this should be declared in the field “Foreign tax credits on such foreign dividends” (source code 4112). The gross amount of foreign DWT should be declared.     QUESTION 6: Where do I need to disclose dividends from dual / inward listed foreign companies in my IT12 return? Your client statement will disclose gross dividends received from companies that are listed on both a foreign stock exchange and the JSE. Any foreign dividend (i.e. a dividend declared by a foreign company listed on the JSE) is exempt from income tax in South Africa under section 10B(2) of the Act. It should be noted that although such dividends are defined as “exempt income”, they are still potentially subject to the DWT percent (which is further discussed below). This amount must be declared in the “Amounts considered non-taxable” section of the return, in the field called “Exempt foreign dividends”.   Your client statement will disclose any DWT levied by a foreign country in respect of the dividends from foreign companies that are listed on the JSE and a foreign stock exchange. This amount may be described as “Foreign Tax – Instrument”. As these dividends are treated as “exempt income” for income tax purposes (discussed above), SARS will not allow a tax credit for the foreign DWT suffered. However, section 64N of the Act will provide relief from double tax where both South African and Foreign DWT is levied.   A rebate is allowed against DWT in South Africa equal to the amount of foreign DWT suffered up to a maximum of the South African DWT rate, being 20 percent. For example, to the extent that the investor has suffered foreign DWT of 20 percent** or above, no DWT will be levied in South Africa. If foreign DWT was suffered at 10 percent, for example, South Africa will levy DWT at 10 per cent. Where no foreign DWT is levied by the foreign company, the JSE will levy DWT at 20 percent. Any foreign DWT in excess of 20 percent is a cost to the taxpayer, unless reclaimable directly from foreign revenue authorities as a result of the application of a Double Tax Treaty between countries. You still do not declare the SA DWT on your tax return. The Section 64N rebate is applied automatically by the JSE.   The amount of the Section 64N rebate is limited to the maximum rate prescribed in any Double Tax Treaty. In the example above where the South African investor has suffered 20% foreign DWT, but the Double Taxation Treaty prescribes a maximum rate of 15%, Section 64N will only grant a rebate to the maximum Treaty rate i.e. 15%. SA will continue to levy an additional 5% SA DWT under our domestic tax law. The foreign tax imposed that is in excess of the Treaty rate, is recoverable from the foreign tax jurisdiction. ** The 20% DWT rate can be reduced by a Double Tax Agreement between SA and the foreign jurisdiction   QUESTION 7: Where do I need to disclose dividends from a Real Estate Investment Trust (REIT) in my IT12 return? REITs are companies listed on the JSE that manage a portfolio of immovable property assets. Dividends distributed by a REIT are subject to normal income tax in the hands of the shareholder, but are exempt from DWT.  Your client statement will disclose gross taxable local dividends if you received distributions from a local (SA) REIT. The total gross taxable dividend amount should be declared next to source code 4238.  It should be noted that distributions from REIT’s do not qualify for an interest exemption. If you received distributions from a foreign REIT (i.e. an offshore company that is not a REIT for SA tax purposes), these distributions are “foreign dividends” subject to offshore DWT. These foreign dividends would need to be declared under source code 4216 on your tax return. If any foreign DWT was paid on the foreign dividend received (disclosed on your client statement as “Foreign Dividend Withholding Tax”), this should be declared in the field “Foreign tax credits on such foreign dividends” (code 4112). OST clients (not trading Webtrader) will not receive foreign REIT dividends unless the company is dual / inward listed.   QUESTION 8: Where do I need to disclose my Tax-Free Investments movements in my IT12 return? A TFI is a financial instrument or product offered to natural persons or a deceased/insolvent estate of a natural person, and administered by a person designated by the Minister of Finance (for e.g. banks).   If you have invested in a TFI, you will be issued with an IT3(s) client statement that disclose the transactional information for the financial year 1 March 2019 to 29 February 2020.  The following fields need to be completed in your return – Contributions made to a TFI during the year of assessment (source code 4219) Amounts withdrawn out of a TFI during the year of assessment (source code 4248) Net return on Investment – profit (source code 4239) Net return on investment – loss (source code 4240) Interest (source code 4241) Dividends (source code 4242) Capital Gains (source code 4243) Capital Loss (source code 4244) Tax Free Transfer In (source code 4246) Tax Free Transfer Out (source code 4247)   QUESTION 9: Why does my IT3 certificate not include any expenses or cost incurred on my trading account? The IT3(B) tax statements are only applicable and issued in instances where income is earned (e.g. interest, rental income, dividends, other income etc). In accordance with the South African Revenue Service's ("SARS") requirements, the bank has to report this income (i.e. gross amounts) to SARS on an annual basis. Therefore, tax statements are issued in line with information reported to SARS.   QUESTION 10: Can I claim any expenses or costs reflecting on my account statement against investment income in my Tax Return? SARS does not automatically allow for interest or other expenses to be claimed as a deduction for tax purposes. The deductibility of interest or other expenses is determined under the Act and any onus of proof resides with the taxpayer. No deductions are allowed for expenditure to produce foreign dividends. Clients are advised to obtain professional tax advice in this regard.     QUESTION 11: What is the base cost of the units disposed of during the year? Can I rely on the information provided in the Report of Gains and Losses? There are different methods for calculating the base cost of the units in terms of the Eighth Schedule of the Act. The weighted average method of determining the cost/base cost of the assets has been applied and disclosed in the Report of Gains and Losses, based on information available to the broker. You may however determine the value of your portfolio based on the specific identification or first-in first-out method. To the extent that a method of determining the cost/base cost of assets has been chosen, this method should be used for your entire equity portfolio. It is thus of the utmost importance that you should consult your financial or tax advisor before making the election as it may have a significant effect on your tax position.  Clients are reminded of their responsibility to update or verify information relating to the base cost of the units, with the broker.   QUESTION 12:  What happens to an individual’s Tax-Free Investment (‘TFI’) upon death? Upon death, the TFI will form part of the deceased estate. The amounts received / accrued to the deceased estate in respect of the TFI are also exempt from tax in terms of Section 12T(2) of the ITA.   QUESTION 13: Where should I disclose any ceded dividend income in my IT12 return? Ceded dividends received by an individual will retain its nature as a normal / exempt dividend subject to Dividend Tax. Any ceded dividend income will be disclosed, together with other local dividends, in the field “Exempt local dividends” or “Exempt foreign dividends” in the section of the return headed “Amounts considered non-taxable”.  You do not declare the “DWT” that has been paid on your behalf in your return. (Note that ceded dividends that are received by a company is regarded as taxable in terms of section 10(1)(k)(i)(ee) of the Income Tax Act).   QUESTION 14: Where should I disclose any manufactured dividend income in my IT12 return? As manufactured dividends received are not ‘dividends’ as defined in the Act, these manufactured payments under for e.g. a Contract for Difference (CFD) or Securities Lending Arrangement, are not subject to Dividends Tax in SA. These amounts will be disclosed as ‘Other Income’ on your IT3(B) certificate, constituting taxable income in the hands of a South African investor.   Disclaimer: Please note that SBG Securities Proprietary Limited and The Standard Bank of South Africa Limited do not provide tax advice to clients.  The above does not constitute tax advice and only serves as a guideline. Clients are advised to engage with their own professional advisors with regards to any and all tax matters.          

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