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When safe becomes risky: Inflation’s quiet tax on your savings

When safe becomes risky: Inflation’s quiet tax on your savings

Moneyweb warns that overly conservative investment choices, such as holding large amounts of cash or prioritising capital certainty, can expose savers to a hidden but significant risk: inflation. While these strategies may reduce short‑term market volatility, returns that fail to keep pace with rising prices steadily erode purchasing power, undermining long‑term financial goals such as retirement or income sustainability. The article highlights the importance of focusing on real returns and outcome‑based planning rather than perceived safety alone. Read why this matters for tax payers.

5-minute read

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SARS must play by the rules: recent court cases emphasise taxpayer rights

SARS must play by the rules: recent court cases emphasise taxpayer rights

Recent court decisions in South Africa have reinforced the principle that South African Revenue Service (SARS) must adhere strictly to the rule of law when exercising its powers. The judgments highlight that SARS is required to act lawfully, reasonably, and in line with prescribed procedures, with courts increasingly willing to intervene where these standards are not met. Importantly, the rulings underscore that while taxpayer rights are robustly protected, they must be actively asserted through the appropriate dispute resolution mechanisms. This evolving jurisprudence signals a growing emphasis on accountability and procedural fairness within the tax administration system.

2-minute read

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