The Pegasus SA Blog
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Local markets delivered strong returns in August, with the JSE All Share Index rising 3.5% for the month and an impressive 23.6% year-to-date. The rand also extended its appreciation trend, strengthening 2.1% against the US dollar in August and 6.2% year-to-date. These gains significantly outpaced global developed markets, with the
Read More Take Charge of Your Future (and Your Tax Bill) At Pegasus, we help you grow wealth and cut tax smartly, starting with one powerful strategy: contributing to a retirement fund. Why It Works: Tax Relief: Contribute up to 27.5% of your taxable income (max R350,000/year) and claim it as a
In terms of Section 56(2)(b) of the Income Tax Act, any natural person may donate property up to R100,000 annually without attracting donations tax. Here’s how you can make this work for you: Donate to your trust: Utilise your R100,000 exemption to transfer funds to your trust without triggering tax.