The South African Social Security Agency (SASSA) has recently announced increases in grant payments, aiming to offer financial relief to vulnerable individuals across the country. These new changes, which began in October, ensure that beneficiaries receive their grants in a timely and efficient manner. SASSA spokesperson, Paseka Letsatsi, provided insights into the recent adjustments, how … Read more
In 2025, Singapore is implementing important changes to its Central Provident Fund (CPF) system to address challenges such as rising living costs and increased life expectancy. Unlike traditional tax-funded pension systems, Singapore’s CPF operates as a compulsory savings program, which has been fundamental to ensuring the financial independence of retirees since its establishment in 1955. … Read more
As the festive season approaches in South Africa, the South African Social Security Agency (SASSA) has rolled out several important updates to ensure beneficiaries receive the support they need. Key among these is the early payout of Social Relief of Distress (SRD) grants, designed to provide timely assistance during the holiday period. SASSA has also … Read more
The UK government has officially confirmed that tax credits will be completely phased out by April 2025. This change will affect pensioners and other beneficiaries who rely on these credits for financial support. As tax credits are replaced with Universal Credit, it’s crucial to prepare early for the upcoming shifts in the benefits system, as … Read more
The Centrelink Child Care Subsidy (CCS) continues to provide vital financial support for families in Australia in 2025. This subsidy helps reduce child care costs, making it easier for parents and caregivers to afford approved child care services. Let’s take a closer look at how much you can claim, the eligibility criteria, and the process … Read more
The UK government’s proposal for a £12-a-night tourist tax has sparked intense debates among travelers, policymakers, and industry experts. As tourism contributes billions to the UK’s economy each year, the introduction of this tax raises crucial questions about its necessity, benefits, and possible drawbacks. This article explores what the tourist tax could mean for the … Read more
Imagine going through your spare change and stumbling upon a tiny fortune. A rare Australian 5 cent coin could be worth up to $4,000, transforming your pocket change into a valuable treasure. Let’s explore the intriguing world of rare coins, understand why some are worth so much, and guide you on identifying these hidden gems. … Read more
The future of the UK State Pension Age (SPA) is a key consideration for anyone thinking about their retirement. As lifespans increase and demographic shifts occur, the pension system is facing pressure to evolve. Whether you’re approaching retirement or just starting your career, these changes will influence your financial planning and retirement strategy. In this … Read more
The South African Revenue Service (SARS) holds significant authority to recover unpaid taxes, utilizing a variety of mechanisms that can affect individuals’ salaries, pensions, and bank accounts. In the 2023-2024 fiscal year, SARS collected an impressive R1.68 trillion in tax revenue, marking a 7.7% growth from the previous year. This highlights the agency’s robust enforcement … Read more
In a move to address the challenges posed by an ageing population, the National Trades Union Congress (NTUC) in Singapore has brought forward changes to the country’s retirement and re-employment policies. These adjustments, which will take effect in 2026, aim to provide individuals with more time to save and prepare for their financial future while … Read more