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Quote from: Patrick on September 01, 2016, 07:48:43 am

Almost, at year end we shoud tax the reit divvie 30%, but for now we can fix it manually by adding another dividend of 0.203 * the original dividend to the REITs.

Patrick, in real life the REIT divi is never taxed. That is the attraction. It is only added to the total profits for the year and THAT amount is taxed, not the divi portion on it's own. Otherwise, there would be no point in establishing a Trust, let alone a Real Estate Trust. The dividends, or profit distribution, from a Trust are not taxed.

Yes, Bread that is correct. Code 4238 on the tax return. Treated like local interest.

@Patrick. 30% only  applies when selling at a profit. No div. tax on REITS, so I don't understand extra 15%

Unfortunately it looks like Gordhan will be arrested soon.

http://www.dailymaverick.co.za/article/2016-08-23-breaking-sars-wars-endgame-hawks-order-pravin-gordhan-and-others-to-present-themselves/

According to Daily Maverick, Gordhan, former deputy commissioner Ivan Pillay, group executive Johann van Loggerenberg and initial head of the investigative unit Andries van Rensburg have been ordered to report to the Hawks in Pretoria on Thursday.  When contacted by Business Day, Hawks spokesman Brig Hangwani Mulaudzi said "no comment". Mulaudzi told Daily Maverick that he did not have a "mandate to discuss any case or any confidential information attached to any case that is still under investigation. Any

1.00 GBP   =   18.1071 ZAR  1.00 USD   =   13.7239 ZAR 18:20

http://www.politicsweb.co.za/opinion/a-talk-with-the-eff

A talk with the EFF

Flip Buys recounts his conversation with some Fighters during the election campaign

I just got notice about this on email and have not had much luck on getting details.
It seems that if you elect this they take your net dividend and buy shares on your behalf and and payout the balance. But I all I could find was the t&c and not the mechanics of the scheme.
Does anyone have more info on this or a link?
My initial thoughts are to rather take the dividend and then decide whether to reinvest or not especially since I am using Easy Equities so cost saving on brokers fees isn't applicable.

Don't go for the DRIP - there are charges :-

11. Charges
We will be entitled to the fees and charges shown in this booklet
and we may periodically review the amount and structure of these
charges. We will give you 30 days written notice before any variation
to the fees and charges applicable to the Plan takes effect. Charges,
taxes and other duties payable will be deducted from the transaction.
If the amount of money to be invested less these fees and charges
is insufficient to purchase one Share, no costs will be charged to
you and the cash dividend will be treated as set out in the Special
Information.