retirement-planning

Get money saving tax tips from TaxTim's COO Nicci Courtney-Clarke - Rands & Sense by 10X

12 February 2025

At 10X we know that tax is a huge deal for South Africans. That's why we asked Nicci from TaxTim to chat to us about the most common tax questions they get. Below, you can see a summary of the conversation.

Did you know you can speak directly to a tax professional on TaxTim’s website? Get personalised advice tailored to your situation and make better financial decisions.

Tax isn’t just about compliance—it’s about keeping more of your money. Understanding how to optimise your tax strategy can help you save thousands, invest smarter, and build long-term financial security.

We met with TaxTim to answer some of South Africa’s most burning tax questions. From retirement savings to tax-free investments and side hustles, we covered the key areas that can reduce your tax bill and maximise your benefits.

Key Areas to Focus On:

  • Retirement Tax Benefits – Lower your tax bill while growing your savings.
  • Tax-Free Savings Accounts – How to invest tax-free without penalties.
  • Donations & Deductions – Reduce taxable income with SARS-approved donations.
  • Home Office Expenses – Who qualifies and what you can claim.
  • Medical Tax Rebates – How to claim for medical aid and out-of-pocket expenses.
  • Travel Deductions – Claiming for business mileage and keeping a logbook.
  • Freelancing & Side Hustles – Understanding tax obligations for extra income earners.
  • Provisional Tax – Who needs to pay and how the system works.
  • International Investments & Crypto – How SARS taxes offshore earnings and digital assets.

All of these topics are covered in detail in our webinar, where TaxTim’s experts break down each concept in a simple, actionable way. Learn how to maximise your deductions, avoid common tax pitfalls, and take full advantage of tax benefits available to you. Whether you're a salaried employee, freelancer, or investor, our webinar provides practical tips you can use right away to optimise your tax return and keep more of your hard-earned money.

Watch now to get expert insights from TaxTim!

If you're concerned about how tax impacts your investments, talk to a 10X consultant free of charge.

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