I have been looking as well. Logged a ticket with them last night. Awaiting their response.
-
Question of the day: Do you think Trump will win the 2020 US Presidential Election?
-
Test your mobile speed now - Win prizes worth R5,000. Enter here.
Easy Equities good or bad?
- Thread starter lagoaty
- Start date
SauRoNZA
Honorary Master
- Joined
- Jul 6, 2010
- Messages
- 35,546
Were they planning to? Why would you want that over ETF's anyway?
Hamster
Resident Rodent
- Joined
- Aug 22, 2006
- Messages
- 32,532
Index tracking unit trusts are potentially cheaper.
FraserBlade
Active Member
- Joined
- May 15, 2008
- Messages
- 58
Dunno if you've received a response from them yet, but you log in, click on the "menu drop-down" (left, next to the Easy Equities logo), select "report" (at the bottom of the drop-down), then "Tax certificates" in the middle - click the "down arrow" to the right of that section and it will reveal your available certificates.
Hope that helps!
FraserBlade
Active Member
- Joined
- May 15, 2008
- Messages
- 58
TFSA - Net Return on Investment on IT3(s)
On your SARS return, there's section for Tax Free Investments, and I'm having trouble interpreting Easy Equities' IT3(s) - the tax certificate for TFSA. Do any of you perhaps know where I find/calculate the "Net Return on Investment - Profit (4239) and Loss (4240)?
I've lodged a ticket with them, but I'm finding their response time incredibly slow.
On your SARS return, there's section for Tax Free Investments, and I'm having trouble interpreting Easy Equities' IT3(s) - the tax certificate for TFSA. Do any of you perhaps know where I find/calculate the "Net Return on Investment - Profit (4239) and Loss (4240)?
I've lodged a ticket with them, but I'm finding their response time incredibly slow.
Last edited:
Other platforms put sars codes on their certificates. EE really needs to do this as well.
JustinPearse
Member
- Joined
- Nov 18, 2015
- Messages
- 29
Tax statements there - soon to be replaced with new format with Tax codes
These statements are about to be replaced with a newer format containing SARS tax codes to make your e-filing even easier. Clients asked for these and we've worked really hard in the last few weeks to update them.
That 'replacement' of old format with new should take place later today.
There are unfortunately about 1,000 client accounts whose statements we haven't been able to reconcile and as a result there are no statements as yet. Our static data department are working on it daily and have committed to having those accounts reconciled by 31 July.
Justin
Head of Client Engagement
Both ITB3(b) and (c) are currently available in Investment accounts and ITB3(s) in TFSA accounts.
These statements are about to be replaced with a newer format containing SARS tax codes to make your e-filing even easier. Clients asked for these and we've worked really hard in the last few weeks to update them.
That 'replacement' of old format with new should take place later today.
There are unfortunately about 1,000 client accounts whose statements we haven't been able to reconcile and as a result there are no statements as yet. Our static data department are working on it daily and have committed to having those accounts reconciled by 31 July.
Justin
Head of Client Engagement
JustinPearse
Member
- Joined
- Nov 18, 2015
- Messages
- 29
If you see my post below, you'll see that we have added the SARS codes. Those updated statements should be up later today.
FraserBlade
Active Member
- Joined
- May 15, 2008
- Messages
- 58
Hey Justin. Thank you very much for the feedback. I guess I'm one of the unlucky ones whose IT3(s) hasn't been updated yet, so I'm looking forward to having it at the end of the month and getting my return filed. Appreciate the work.
I managed to get mine.
2 days after I logged the ticket the certificate was on my account. Didn't receive any feedback on my ticket. I was just taking a chance to see if it was there.
Had to log another ticket because only my "trading" account's certificate was there. There was nothing for my TFSA.
This was also resolved 2 days later without any communication.
Hi all,
Looking to open an Easy Equities account so I can deposit a monthly R2750 for my tax free savings.
I am looking to diversify into mainly international equities, my last two years of tax free savings were simply tossed at the Ashburton Top 40 via FNB.
Any recommendations for ETF's or other option I can split my R2750 into monthly? Won't hold anyone accountable for financial advice.
Looking to build up my tax free portfolio over the next 15 years, so plainly long term growth, no intention of withdrawing the money.
Looking to open an Easy Equities account so I can deposit a monthly R2750 for my tax free savings.
I am looking to diversify into mainly international equities, my last two years of tax free savings were simply tossed at the Ashburton Top 40 via FNB.
Any recommendations for ETF's or other option I can split my R2750 into monthly? Won't hold anyone accountable for financial advice.
Looking to build up my tax free portfolio over the next 15 years, so plainly long term growth, no intention of withdrawing the money.
backstreetboy
Honorary Master
- Joined
- Jun 15, 2011
- Messages
- 14,209
They have baskets you can look at. Not sure how much more simple you want it to be??????
https://platform.easyequities.co.za/Bundle/Details/197
Hamster
Resident Rodent
- Joined
- Aug 22, 2006
- Messages
- 32,532
ASHGEQ ... if you want one ETF that invests in everything.
STXWDM + STXNDQ... gives you the developed world and NASDAQ100. I'm slowly whittling down my CTOP50 and moving all of it into these as well. My RA, Pension and home has given me more than enough SA exposure. TFSA I'm taking all "offshore".
FraserBlade
Active Member
- Joined
- May 15, 2008
- Messages
- 58
Hi Justin. I was able to download an IT3(s) with some codes on it but not all. We're still missing 4239 and 4240 for the TFI section on the SARS return. For reference:
TFSA Net Return on Investment - Profit (4239)
TFSA Net Return on Investment - Loss (4240)
These are not indicated on the IT3(s) at all. Would you be able to advise?
JustinPearse
Member
- Joined
- Nov 18, 2015
- Messages
- 29
Will investigate those additional codes
Please bear with me. May take a day or two to consult with our statement team.
Will certainly investigate those additional codes for you and come back to you with feedback.
Please bear with me. May take a day or two to consult with our statement team.
FraserBlade
Active Member
- Joined
- May 15, 2008
- Messages
- 58
Thank you Justin. Any news on this?
I came up with this split into ETFs for my monthly Tax Free Savings distribution:
20% - Sygnia Global Property
30% - Satrix MSCI Emerging Markets
50% - Sygnia S&P 500
Any comments welcome and appreciated.
My goal is just long term growth 15+ years. I do not plan on withdrawing the money any time soon. However this will probably be the only investment/savings I make each month for the next 4 years until I pay off my apartment loan. R10k per month goes towards my loan. After 4 years I will be investing the 10k elsewhere. For reference, I am in my late 20s, been working for 3 years now.
20% - Sygnia Global Property
30% - Satrix MSCI Emerging Markets
50% - Sygnia S&P 500
Any comments welcome and appreciated.
My goal is just long term growth 15+ years. I do not plan on withdrawing the money any time soon. However this will probably be the only investment/savings I make each month for the next 4 years until I pay off my apartment loan. R10k per month goes towards my loan. After 4 years I will be investing the 10k elsewhere. For reference, I am in my late 20s, been working for 3 years now.
Scooby_Doo
Executive Member
- Joined
- Sep 4, 2005
- Messages
- 6,490
Core Shares has a S&P 500 product as well but with a lower fee.