Posted by: Gerald Mwandiambira | 2016/11/01 14:44
Hello, Tax avoidance is a legal way of reducing ones tax liability using available measures such as rebates, exclusions and allowances. In order to have a tax efficient financial plan, you will need to consult with a Certified Financial Planning professional or Tax Practiotioner. Because of the short term nature of your saving for a home deposit, there are limited savings vehicles. There are some good 30 Day notice accounts with higher than inflation interest rates on the market. I suggest you shop around. I however prefer to give such advice when understanding you hollistic financial position by doing a full needs analysis. Contact me on www.askgerald.co.za
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