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Equity Investing - Mind The Tax Gap
A person earning R245 100 and less is in the 18% marginal income tax bracket. When this person invests in equities, and receives dividends, they will be paying 20% on those dividends. This is more than what they are currently paying to SARS on their income. According to the world inequality database, any person earning more than R245 100 is in the top 11% of earners in South Africa. 11%! Source: World inequality database This begs the question, should one be investing in equi

Mkhululi Mojanaga
Oct 27, 20221 min read
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