The Team

Henk Basson, Zurk Botha & Johan Basson work together to create & manage investment portfolios for their clients

20 March 2012

Commodity prices - Orange juice vs Gold


Cooper prices also reached record highs, driven by emerging-market demand, before falling back by the end of the year. Crop prices dropped thanks to bumper harvests for cereals, oils and wheat. Concerns over the supply of orange juice have pushed prices to a record high this week. A destructive fungicide was found in an orange shipment from Brazil, the world’s largest producer of orange juice

15 March 2012

TAX RATES INDIVIDUALS - 2013

TAX RATES INDIVIDUALS - 2013
Taxable income Rates of tax:
R 0 - R160 000                        18% of taxable income
R160 001 - R250 000             R 28 800 + 25% of the amount over R160 000
R250 001 - R346 000             R 51 300 + 30% of the amount over R250 000
R346 001 - R484 000             R 80 100 + 35% of the amount over R346 000
R484 001 - R617 000             R128 400 + 38% of the amount over R484 000
R617 001 +                              R178 940 + 40% of the amount over R617 000

TAX THRESHOLDS - 2013
Taxable income:
Persons under 65                   R 63 556
Persons 65 and under 75      R 99 056
Persons 75 and over              R110 889

TAX REBATES - 2013
Amounts deductible from the tax payable:
Persons under 65                   R11 440
Persons 65 and under           R17 830
Persons 75 and over              R19 960