As a 67-year-old, where and how can I invest R30 million tax-free while drawing down the maximum interest and principal [amount]? And what amount can I draw until I reach zero principal in 15 years?”
Pedri Reyneke discusses challenging tax differences between South Africa and other countries with Theuns de Jager. Pedri explains how tax is used to stimulate growth in South Africa. Listen to the podcast here.
I am a 35-year-old male who bought a townhouse in mid-2019 for R899 000 in a decent suburb that is part of the older Pretoria East. Attorney fees cost R35 000, and I had some upgrades done to the value of R50 000. It was used as my primary residence for about two years before I rented it out. The bond has since been settled with the bank, and I have the title deed in my safe.
Grindstone, founded in 2013 and co-owned by Knife Capital and Thinkroom Limited, is renowned for assisting high-growth, innovation-driven companies in scaling their businesses. With successful acceleration programs conducted in over nine countries, Grindstone has enabled countless startups and scale-ups in becoming growth-focused, investible, and exit-ready.
Multilink Financial Services has recently been handpicked for their ground-breaking ideas and potential for exponential growth by Grindstone.
Multilink Financial Services will leverage Grindstone’s acclaimed growth engineering programme for the next 6 months, while gaining access to vibrant tech ecosystems and thriving innovation hubs in the UK, Channel Islands, and South Africa. Grindstone UK & Channel Islands is offering the mavericks, trailblazers, and visionaries the chance to seize this game-changing opportunity.
Business Hours:
MONDAY – THURSDAY 08:00 – 16:00
FRIDAY 08:00-14:00
6 Grey Street, Trichardt, 2300, PO Box 629, Secunda, 2302
Phone: 017 638 1048
Email: info@multilinkfs.co.za
MULTILINK FINANSIËLE DIENSTE (PTY) LTD
is a Registered Financial Services Provider | FSP No:2972 | REG No.: 2000/013893/07
Directors: PJ REYNEKE
and JR REYNEKE
