Recent content by Koosvanwyk

  1. K

    Rocketnet - feedback?

    Here is pingplotter to youtube, also on Rocketnet in Cape Town (Vumatel) if you want to compare Edit: I can run again this evening during peak time ?
  2. K

    Old Mutual RA lost over a million rand in one year.

    He is most likely in a fund where you have to transact / interact with the fund through an advisor that is accredited by the fund. "Do it yourself" type funds were fairly new to the SA market place, and not that many of the established Funds have started to offer this option where the investor...
  3. K

    Old Mutual RA lost over a million rand in one year.

    The 1 year return of the unit trust schemes are approximately (up to July) : - Allan Gray Equity Fund: +/- -5% - Nedgroup Investment Value A (this fund is actually managed by Foord) +/- -3.3% - Old Mutual SA Quoted Property: +/- -4.8% The above returns are after asset management fees but would...
  4. K

    Old Mutual RA lost over a million rand in one year.

    20%-25% quote above is a long way off from the return listed in here ? Where did the difference come from ?
  5. K

    Openserve the ultimate fibre provider in South Africa soon?

    So you are paying R250 for a 100/100 line, that is impressive (seeing that I am paying R 1,250 for 100/100 on Vumatel) ?
  6. K

    SARS E-Filing 2019 OPEN!

    21 days from when you submit supporting details for new bank account
  7. K

    SARS E-Filing 2019 OPEN!

    There should be a special stopper on your refund. To clear this you will most likely have to visit SARS and submit documents to support the new banking details. This is how it is supposed to work, but SARS systems has been messy this year, you might just get paid without the need to verify the...
  8. K

    SARS E-Filing 2019 OPEN!

    Finally got my completion letter today, 33 working days after submitting supporting documents (45 weekdays). Longer wait than 2016, 2017 and 2018 , but not close to the 100 weekdays wait in 2015 !
  9. K

    SARS E-Filing 2019 OPEN!

    Yes, pretty standard for SARS to do this If there is a change at a later stage you will either have to pay them back or they will pay you the additional amount
  10. K

    SARS E-Filing 2019 OPEN!

    While this is mostly true, it is not technically correct. Only the person who is actually paying the monthly premiums (from his/her bank account) to the medical aid is entitled to the medical tax credits. Whether or not you are (or are not) the main member has nothing to do with who is entitled...
  11. K

    SARS E-Filing 2019 OPEN!

    Most likely an error on there side, I have seen this before
  12. K

    SARS E-Filing 2019 OPEN!

    Why ? They have 21 working days to complete verifications, the debt and rigor of the verification process for each taxpayer is different, which is why someone with a complex tax calculation might be "verified" in less time that someone with a straight forward tax calculation. There are...
  13. K

    SARS E-Filing 2019 OPEN!

    Did they do a verification ? You did not say if the interest included by SARS is more than what was on the bank IT3(b) or less ? Most likely the information that they received from 3rd parties included other interest as well (did you perhaps earn interest on your savings account in you medical...
  14. K

    Moving an RA to another provider

    All administrators (AG, Old Mutual, Liberty, Discovery etc) offer investment type RA and preservation funds, most of them have actually done so long before 10x. I do agree that you need to stay away from the insurance type RA and Preservation Funds, these are costly and opaque. The part in...
  15. K

    Moving an RA to another provider

    That cannot be done, the PFA does not allow this nor would the fund rules
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