S2 E7 From tax-poor to tax-rich

The Swan Effect - Creating and Sustaining Your Financial Wellbeing

Mar 5 2023 • 31 mins

In Episode seven of Season 2 of the Swan Effect podcast, Arthi and Malika talk taxes (yes, that word we love to hate). As part of understanding your moneyverse, which is the theme for the podcast for 2023, one has to become familiar with leakages that disrupt growth of the moneyverse, and still find ways to find opportunities therein.
Is that even possible?
Listen to the episode to find how how it is certainly possible!

Malika offers us insight on the 4 main direct tax types most of us deal with regularly, while Arthi further mentions some of the indirect taxes we also face (did you realise there were these taxes you face as an investor, and consumer?)

The discussion goes deeper, as Malika and Arthi talk more about:

  • How avoiding tax is unfortunately not an option
  • The importance of understanding your marginal tax rate
  • Becoming tax efficient in order to create a tax rich position for yourself
  • The tax we love to hate…Income Tax
  • Capital gains tax and which assets apply
  • Dividend withholding tax
  • How ANY interest is taxable

And so much more!
Hear some practical tips on how to ensure you can work some of these taxes to still benefit you, and be in a better position for the upcoming tax year.

Remember: “the power is within your control!”

We would love to hear your views based on the concepts covered in this episode.

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This episode is proudly sponsored by Old Mutual Wealth.