Share Forum - Discuss JSE shares and join the Investor Challenge

Got a list of the best performing funds over 6 months. Two of my 3 funds are listed here. CML and PNC. I will have to do some research on these to find the best one to replace my MTA.

I have read that you will pay the tax rate at the time you sold and not at today's rate.

I'm curious Orca, it doesn't look like you added any PNC in the competition this month. Why not?

New auto sales picked up in June so I added to MTA. She has been flat for a long time and should pick up soon.

Help Moon. Just got this email from SARS.

Dear Taxpayer

Taxpayers earning less than R250 000 a year may not have to submit a tax return this year

1 July marks the beginning of Tax Season. As from this date taxpayers can submit their Income Tax Return (ITR12) to the South African Revenue Service (SARS). The good news this Tax Season is that the annual income threshold for submitting a tax return has been raised from R120 000 to R250 000.

This means that any taxpayer earning R250 000 or less during a tax year (1 March to the end February the next year) may not need to submit an income tax return as long as they also meet the requirements listed below.
   ·    You earn a salary from only one employer (i.e. you get only one IRP5 or IT3A certificate)
   ·    You don’t have any other form of income (e.g. interest or rental income)
   ·    You don’t want to claim any tax deductions (e.g. medical expenses, retirement annuity contributions or business travel expenses).

And according to our records from last year you may be one of those taxpayers who no longer needs to submit a tax return to SARS! So if nothing has changed in your tax affairs since last year – and your income for the year is still under R250 000 – you don’t need to complete and submit a return this year.

Thanks Bundu, I'll correct it on the next email.

Orca your prediction about CML not going higher seems to have been off. Consequently, other than one share wonders and the penny share fakers, you're currently the accepted leader...

Don't talk too soon Patrick. CML does on occasion go too high above the sma but she is scared of heights and will retract back. The higher she goes, the longer the fall. This is one stock that respects the 20SMA and hopefully, as she normally does, she will bounce off it.
ATM she is pushing the BB up higher than the SMA can follow and this is not good.

You will see that CML made a thrust upwards to get to 500% while PNC made no extra effort to do the same AND she kept her PE low all the time. A stunning performer.

Oops. I just let one off there. Close your nose Patrick 

k, ABBA stopped and replaced by Chris Rea and some Oasis.

 

You see. Reprimanding your stocks when they misbehave works every time.