Articles by Harper Banks
“Wrap fund” unit trusts – what are they about?
You may be surprised to find out that a wrap fund isn’t a fund at all. It’s often mentioned alongside unit trusts and investment managers might refer to it when discussing your portfolio.
Is your credit score valid in other African countries?
A good credit score allows you to access credit when you need it the most. However, will your credit score still help you land a loan if you move to a neighbouring country?
The difference between a credit score and a FICO score
When looking up information about your credit score, you may have come across something called a “FICO score” and wondered what it was.
Critical illness and life cover – what happens if you move abroad?
Taking out insurance to protect your family and livelihood is a responsible decision. But what happens to this cover when you move abroad?
How to keep your banking details safe online
Online shopping has increased in popularity and, in many households, it’s become the norm. Gone are the days of transport costs and spending time in queues.
Should you do your own bookkeeping?
If you’re running a small business, you may have baulked at the cost of hiring a specialist to take care of your bookkeeping. Instead, you may have wondered whether it’s possible to handle this yourself.
Will car insurance cover loss of income?
Imagine you’re stranded due to car trouble and you won’t manage to meet a deadline. This means you won’t get paid for your current project, and you may even lose a client.
Does reversing a debit order impact your credit score?
You are in control of your debit orders. If you’re dissatisfied, you’re allowed to reverse or stop it. However, what does this mean for your credit score?
Will SARS inform you if you miss a claim you’re entitled to?
During tax season, you will complete your income tax forms and submit this to SARS. Depending on what you have declared, you will receive a tax return. However, what if you accidentally miss a claim you’re entitled to?
What is a business tax profile?
When you register as a taxpayer, a personal tax profile will be created for you. If you have a business, you will need to register this as well.
How to open a bank account for your parents
Your parents or grandparents may have grown up in a time when not everyone had bank accounts. Perhaps they preferred working with cash, or maybe it just wasn’t the norm to work through banks.
If you won the lottery, would you be taxed?
We all dream about winning the lotto, and having millions transferred into our bank accounts. But have you considered how much of it you would have to surrender to the tax authority?