S2 E7 From tax-poor to tax-rich

The Swan Effect - Creating and Sustaining Your Financial Wellbeing

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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.

Do rate, write a review, and share with others.

This episode is proudly sponsored by Old Mutual Wealth.

Hoofdstukken

1. Advertisement: Old Mutual Wealth (00:00:00)

2. Introduction (00:01:38)

3. About Arthi Rabikrisson & Malika Peterson (00:02:16)

4. Welcome Listeners (00:03:22)

5. Lets Talk Taxes (00:04:19)

6. Take Control Of Your Taxes (00:05:41)

7. Different Types Of Tax (00:06:57)

8. First Kind Of Tax_Income Tax (00:07:34)

9. Ask The Questions (00:09:13)

10. Second Kind Of Tax_Capital Gain Tax (00:09:40)

11. Third Kind Of Tax_Dividend Withholding Tax (00:11:58)

12. Who Is Excempt From Dividend Withholding Tax (00:12:51)

13. Fourth Kind Of Tax_Interest Tax (00:14:10)

14. How Can You Become Tax Rich (00:15:20)

15. RA Is The Gift That Keeps On Giving (00:18:23)

16. Indirect Taxes (00:20:29)

17. Tips To Help You Become Tax Rich (00:22:12)

18. Investment Strategies (00:23:56)

19. The Next Steps... (00:25:29)

20. Malika Parting Shot (00:28:45)

21. Arthi's Parting Shot (00:29:18)

22. Thank you Listeners! (00:30:57)

23. Swanning Out For Now (00:31:28)