@marcelwasserman: Beyond Taxes.. Did you know you can legally reduce your corporate tax burden by creating your own insurance fund? When your company is profitable, you can set aside funds into a self-controlled insurance policy. If you ever face a loss, you can cancel the policy to bring that money back into your business, effectively balancing out your profits and minimizing taxes. Remember to always stay 100% tax compliant and consult with your professionals. Instead of enriching third-party insurers, you keep the profits within your business. DONT ‘BEYOND’ below - due to the high demand I am instead hosting a webinar. Apply to join here: https://calendly.com/marcelwasserman/self-insurance-webinar/2025-06-25T14:00:00+02:00 Hashtags: #BeyondTaxes #BusinessStrategy #TaxPlanning #EntrepreneurTips #CorporateFinance #SelfInsurance #Profitability #BusinessGrowth #foryou #fyp #finance #profit
That's still tax bearing when the money comes back.
2025-06-03 23:00:05
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DJ SLIDE SA :
thank you so much I give you a follow
2025-06-05 13:41:49
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Davron Chanderdeo | CA(SA) :
The assessed loss is carried forward onto the year you make profit though so its not really lost. Please can you send the Tax Law for the insurance company loophole because this sounds interesting and id like to know how it works. Thanks
2025-05-29 16:45:09
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Zan Steyn :
Insurance policies cover unforeseeable risk, deffering profits by means of insurance? What legislation allows this profit parking tool, as this can be risky? - Tax Practitioner asking
2025-05-30 11:33:06
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160rav :
What section of inc tax act is this? If you have a company the owner doesn’t take tax burden personally it’s an assessed loss that’s carried forward!
2025-06-04 18:12:31
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HilFred :
good advice but is it possible to explain how crypto is taxed please.this kinda investmnt is very confusing.not even Sars own staff know how to deal/explain what to do.i paid them a visit 3 times and not one can advice me with confidence as they know at the end the problm is not gona be theirs but mine
2025-06-02 20:35:11
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Hoppe :
How to register for your own insurance?
2025-05-31 05:52:57
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happyface840 :
Beyond taxes , yes I need help , I am in Australia what about you
2025-06-04 09:57:10
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Lourensdp :
interesting take ... but there is something called an "assessed loss" in the income tax act that allows you to utilize the tax benefit of a loss in a previous year. Then all this planning and admin is not necessary.
2025-05-30 05:43:24
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:) :
Are you talking about a contingency policy
2025-06-01 07:16:58
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KhanyiM :
This one flew over my head a little bit! But it sounds like a very useful concept to learn in business. Will have to read around on the subject.
Thanks for the insight!
2025-05-29 18:38:50
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Tanya de Klerk478 :
Beyond
2025-06-06 04:55:41
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Happy in Durban 🇿🇦 :
Should the own insurance ‘policy’ be an independent company or just a piece of paper administered by the initial business?
2025-06-01 11:20:44
3
Straight to the point :
But a business doesn't pay the customer pays there tax for them
2025-05-30 04:44:17
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Thomas Magubane :
Beyond taxes
2025-05-30 02:26:18
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Roxane_Gers :
I am a real estate agent. Could you give some advice to me as to how to save on tax. I am not talking about the run of the mill advice. If I plan to invest in property as part of my retirement plan what are the Golden nuggets to save on tax etc please
2025-06-03 05:49:36
1
Magen :
Beyond tax
2025-05-29 23:45:14
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Keaoleboga❤ :
So business owners are not rich like🤔, I don't understand because rich people do not pay tax. I want to understand why do business owners pay tax
2025-06-02 18:33:15
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LandCruisHer :
💪Thank you
2025-05-30 15:46:41
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Yufanyi Mel J :
This one is tough to understand and harder to implement but seems I need to learn more about insurance its policies. Thank you
2025-05-29 23:06:23
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mike :
Can I contact you please ?
2025-05-30 07:26:26
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Munroe de Klerk :
beyond
2025-06-04 10:09:01
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nielroberts73 :
Why can’t you just offest the loses against the profit in the years you make money ? Also how does a normal business become an insurance brokerage? The business has to apply to the FSB BOARD to become an insurance company
2025-05-31 02:54:24
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docbern :
What about small businesses
2025-06-05 10:45:05
1
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