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Articles by Harper Banks

When to give your family access to your credit card

When to give your family access to your credit card

9 September 2021

If you are the main breadwinner in your household, you may find it beneficial to give your family members access to your credit card. This will allow them to make purchases on their own. However, this also comes with risks.

What happens if you don’t pay your taxes?

What happens if you don’t pay your taxes?

7 September 2021

As a South African citizen, you are required to pay taxes on any income you earn. However, you may have wondered what would happen if you didn’t pay your taxes.

If you won the lottery, would you be taxed?

If you won the lottery, would you be taxed?

6 September 2021

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?

How to open a bank account for your parents

How to open a bank account for your parents

3 September 2021

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.

What is a business tax profile?

What is a business tax profile?

2 September 2021

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.

Will SARS inform you if you miss a claim you’re entitled to?

Will SARS inform you if you miss a claim you’re entitled to?

1 September 2021

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?

Does reversing a debit order impact your credit score?

Does reversing a debit order impact your credit score?

31 August 2021

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?

Legalising marijuana – how will it impact insurance?

Legalising marijuana – how will it impact insurance?

30 August 2021

With marijuana being legalised in South Africa, the insurance industry has to consider the implications of this decision on their business and clients.

Will car insurance cover loss of income?

Will car insurance cover loss of income?

26 August 2021

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.

Should you do your own bookkeeping?

Should you do your own bookkeeping?

25 August 2021

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.

How to keep your banking details safe online

How to keep your banking details safe online

23 August 2021

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.

Critical illness and life cover – what happens if you move abroad?

Critical illness and life cover – what happens if you move abroad?

22 August 2021

Taking out insurance to protect your family and livelihood is a responsible decision. But what happens to this cover when you move abroad?

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