Nico Katzke on proposed tax incentives for household savings

Posted by Melt van Schoor on 2012-12-17

National treasury recently released two papers concerning the promotion of household savings through amendments to the saving and investment taxation guidelines for public comment and consultation purposes. The papers suggest specific amendments to current taxation exemptions on discretionary retirement and non-retirement savings through predefined collective investment vehicles, in order to stimulate savings amongst domestic households that are traditionally not too fond of saving. Nico Katzke recently wrote a comment intended to highlight the perils of exposing individuals with low financial literacy to uncertain returns in equity and property markets through such investment vehicles. Click here to read the full comment.

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BER Weekly

14 Jun 2024
As has been common this year, politics and interest rates were in the spotlight this week. Locally, a government of national unity (GNU) is taking shape. The international focus was on the aftermath of the European Parliamentary election, which led French President Emmanuel Macron to call for a snap election. Across the Atlantic Ocean, market participants...

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BER Weekly

14 Jun 2024
As has been common this year, politics and interest rates were in the spotlight this week. Locally, a government of national unity (GNU) is taking shape. The international focus was on the aftermath of the European Parliamentary election, which led French President Emmanuel Macron to call for a snap election. Across the Atlantic Ocean, market participants...

Read the full issue