February is your last chance for a payback from SARS

Everyone I speak to would like to pay less tax and get bigger tax paybacks. Well I have good news for you.

Get your fair share with a retirement annuity

If your marginal tax rate is say 36%, it means you can get R1 000 into your retirement savings every month for R640.

If your marginal tax rate is say 36%, it means you can get R1 000 into your retirement savings every month for R640.

Or if your marginal tax rate is say 36%, and you invest a lumpsum of R10 000, you will get R3 600 back. Thus investing R10 000 for only R6 400.

Or if your marginal tax rate is say 36%, and you invest a lumpsum of R10 000, you will get R3 600 back. Thus investing R10 000 for only R6 400.

* You get your tax break money back from SARS after you have submitted your tax return for the tax year during which you made the contributions.