It\u2019s tax month. Where those of us who are provisional taxpayers have to do our estimates and contribute to the nation\u2019s divided spending. My accountant has been onto me this week. I think I have my numbers correct. You must be accurate within 80% or 90% – depending on your total income.<\/p>\n\n\n\n
It is also the month to add a lump sum to your retirement annuity if you have not maximised your full 27.5% of taxable income. A few of you have already done this with me in the past weeks, and others I will remind you if you did this in the past years.<\/p>\n\n\n\n
I will be doing an addition into mine too. You have to have the cash lying around to do it, but you end up reducing your tax paid. And you\u2019ve saved more.<\/p>\n\n\n\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
During tax month, provisional taxpayers must estimate their contributions accurately, aiming for 80% to 90% precision based on income. It’s also an opportune time to add to retirement annuities, potentially reducing taxable income. Many are reminded to maximize their contributions, ultimately saving on taxes while increasing savings.<\/p>\n","protected":false},"author":1,"featured_media":269,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[21,22,20,19],"class_list":["post-265","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-weekly-thoughts","tag-income","tag-provisional-taxpayer","tag-retirement-annuity","tag-tax"],"jetpack_featured_media_url":"https:\/\/kevinmurray.co.za\/wp-content\/uploads\/2026\/04\/Tax-Month-1.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/kevinmurray.co.za\/index.php?rest_route=\/wp\/v2\/posts\/265","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kevinmurray.co.za\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kevinmurray.co.za\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kevinmurray.co.za\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kevinmurray.co.za\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=265"}],"version-history":[{"count":3,"href":"https:\/\/kevinmurray.co.za\/index.php?rest_route=\/wp\/v2\/posts\/265\/revisions"}],"predecessor-version":[{"id":273,"href":"https:\/\/kevinmurray.co.za\/index.php?rest_route=\/wp\/v2\/posts\/265\/revisions\/273"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kevinmurray.co.za\/index.php?rest_route=\/wp\/v2\/media\/269"}],"wp:attachment":[{"href":"https:\/\/kevinmurray.co.za\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kevinmurray.co.za\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kevinmurray.co.za\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}