Quattro News

September 6, 2024

The Daily Forex Market Report

06 September 2024 Good morning   There’s nothing like a bit of hype to keep things interesting right up until the week closes and once again we are being told that today’s US jobs report is the most important labour report of the year.  This time however these claims are […]
August 22, 2024

Should I appoint an independent trustee for my trust?

In terms of the Trust Property Control Act 57 of 1988, a trustee can only act on behalf of a trust once authorized by the Master of the High Court. While there is no legislative requirement for the independence of trustees, the Supreme Court of Appeal case Land and Agricultural Bank of South Africa v Parker and Others highlighted the risks of trusts being abused when there is little or no independent oversight of trust assets. As a result, the Court recommended that the Master of the High Court consider the appointment of an independent trustee to ensure a clear separation between the ownership and enjoyment of trust assets. Following the Parker case, a directive issued by the Chief Master of the High Court on 6 March 2017 requires consideration of appointing an independent trustee for new trusts. Although currently only a directive, this could potentially become a legislative requirement for both new and existing trusts. The independent trustee does not need to be a professional but must be qualified and committed to upholding the trust deed and scrutinizing the actions of other trustees. For assistance or queries regarding your trust.
August 19, 2024

Two Pot System

The “two Pot System” will change retirement as we know it. The so called Two Pot System will be implemented on 1 September 2024.  This is the latest change in terms of retirement reform, and perhaps the single biggest change.  This will impact on all individuals who are members of […]
August 19, 2024

What is Gap Cover?

What is Gap Cover? How Does It Work and Why Do You Need It? Gap Cover was created to cover the “gap” between what a Medical Scheme pays and what you are responsible for paying for approved hospital admissions. Depending on what Medical Scheme and Option you are on, your […]
May 17, 2018

The deadline for workers compensation return of earnings is here!

Take note that the deadline for submission for your Return of Earnings (ROE) for 2018 is 31 May 2018 The amount is determined by calculating the amount of earnings paid by an employer to the employees, from the 1st March 2017 up to and including 28 February 2018. If you […]
February 21, 2020

Market News

Herewith the latest market information: Prime : 9.75% Gold (US$ per ounce) : 1 616.88 (+13.18) Brent Crude (US$ per barrel) : 59.31 (+0.19) Dow Jones : 29 219.00 (-0.44%) JSE Alsi : 57 793.00 (-0.26%) ZAR/US$ : 15.13 (-0.14) ZAR / Euro : 16.32 (-0.14) ZAR / GBP : […]
March 4, 2020

Market News

Herewith the latest market information: Prime : 9.75% Gold (US$ per ounce) : 1 606.09 (+6.88) Brent Crude (US$ per barrel) : 53.29 (+2.46) Dow Jones : 25 917.00 (-2.92%) JSE Alsi : 52 957.00 (+2.16%) ZAR/US$ : 15.37 (+0.27) ZAR / Euro : 17.14 (+0.27) ZAR / GBP : […]
August 6, 2020

Coffee with Quattro: Your Value System dictates your behaviour

Coffee with Quattro Your Values System dictates your behaviour… And it changes faster and easier than you think.   Have you ever been shopping and all you need is just one thing but when you’re done you have bags full of stuff?  Your Values System changes when you enter the […]
August 13, 2020

Confused about your tax? SARS Auto Assessment 2020

Confused about your tax? SARS Auto Assessment 2020 Confused about SARS’s Auto Assessment? Have you heard the adverts and are you expecting a SMS? At Quattro Finance and Legal, we make tax easy. Speak to your Quattro Advisor today or call Quattro Finance and Legal on 031 242 5100 for […]
August 20, 2020

Coffee with Quattro: Some people succeed in their lives and some people fail

Coffee with Quattro Some people succeed in their lives and some people fail. Have you ever thought about why?   Some people spend their time searching for reasons to justify their failures, whilst others spend their time searching for ways to succeed. All these people share the same environment, they […]
August 28, 2020

Coffee with Quattro: They say, “success is when preparation and opportunity meet”

Coffee with Quattro They say, “success is when preparation and opportunity meet”.   We would add that, “success is when preparation and opportunity meet”, and you take action. Preparation is about constantly doing what you do, mastering your craft and bettering yourself to be the best at what you do. […]
December 23, 2020

Coffee with Quattro: A new beginning or another tomorrow? So, the big question is, “what will be different next year?”

Coffee with Quattro A new beginning or another tomorrow? So, the big question is, “what will be different next year?” The year is almost behind us and so far, we have made it. As the New Year approaches, we can feel the anticipation of kissing 2020 goodbye and welcoming “a new […]
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