I would like to take this opportunity to thank you from the bottom of my heart for all your assistance in registering me as a tax payer.  I never thought it could be so easy. R320.00 well spend!  With all the new SARS laws coming into effect, I was terrified. I phoned SARS and they gave me a list of paper work and what they needed. I just knew that I couldn’t do this as I have no time and I didn’t understand them, but then I came across my finance.  You made it so easy and hassle free. Just a few documents and a signature and everything was sorted out and you kept me up to date on the progress with my application. I was so impressed to receive sms’s from you on the progress.  I am definitely going to make use of your services to file my tax returns from now on and I am going to tell all my friends, family, colleagues and customers about my finance on line.  Thank you so much for the way you handled everything with honesty, discreet and so professional.  Once again “ THANK YOU” !!!!   Kind Regards   Bennie Nel

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Four rate cuts in 2009?

2008-08-28

Interest rates should ease in April next year, followed by three consecutive cuts of 50 basis points each, Standard Bank economist Danelee van Dyk said on Wednesday following the release of inflation figures.

Earlier Statistics SA said that CPIX inflation, which excludes mortgage costs, rose to a record 13% in July from 11.6% in June year-on-year.

Van Dyk said monetary policy decisions were expected to be based on an improved 18-month outlook, "despite the deterioration in the short term inflation profile".

While there were still uncertainties over the details of inflation targeting next year, the disinflation caused by the new inflation weightings, and the technical decline between December and January, "were adequate to secure early relief in interest rates".

Wednesday's CPIX figure was driven by higher electricity tariffs, housing costs, food and transport prices, said Van Dyk.

- Sapa

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