Galileo Capital

05/09/2026

Could moving Mom’s money into a retirement annuity help avoid tax? It might sound like a clever estate-planning move, but when it comes to RAs, tax and inheritance, things aren’t always as straightforward as they seem.

In the latest Honest Money podcast, Warren Ingram and Pieter de Villiers unpack what really happens when you move assets into an RA later in life, including the potential tax implications, estate duty considerations, the risks of over-contributing, and what happens to retirement funds after death.

Give it a listen and let us know what you think: www.honestmoney.co.za/2026/08/29/can-moving-moms-money-into-an-ra-avoid-tax

04/09/2026

Spring clean your budget this September.

A new season is a good excuse to give your finances a quick refresh — especially as we head into the final quarter of the year.

Here are five simple places to start:

- Review your subscriptions: Cancel anything you’re paying for but no longer use.
- Check your bank fees: Small monthly charges add up. Make sure your account still suits your needs.
- Audit your everyday spending: Takeaways, coffees and convenience purchases can quietly become big expenses.
- Revisit your savings goals: Even a small increase in your monthly contribution can make a difference over time.
- Plan for year-end expenses now: Holidays, gifts and December spending are coming. Start setting something aside before they arrive.

You don’t necessarily need a complete financial overhaul. A few small adjustments now could put you in a much stronger position heading into the last few months of the year.

03/09/2026

You could be leaving money on the table without even knowing it. If you’re 65 or older, certain out-of-pocket medical expenses could qualify for a tax credit from SARS, including things like specialist visits, dental work, glasses, medication and hearing aids. The catch? You need to know what qualifies and how to claim it correctly.

In his latest YouTube episode, our CEO Frank breaks down the Additional Medical Expense Tax Credit and shows how it could make a meaningful difference to your annual tax bill.

▶️ Watch the full episode on YouTube, and don’t forget to subscribe for more practical tips from Frank to help you better understand your money and make it work harder for you: https://www.youtube.com/watch?v=GDEERMH0dTk&t=2s

Healthcare costs can quietly drain a retirement budget, but many So...

26/08/2026

Are you 65 or older? You could be missing out on a valuable medical expense tax benefit. 💰

SARS may refund 33.3% of certain qualifying out-of-pocket medical expenses, from specialist visits and medication to dental work, glasses and hearing aids.

Watch as Frank Daubenton - Chief Executive Officer of Galileo Capital - unpacks what qualifies, how the credit works and what you need to do to claim: https://www.youtube.com/watch?v=GDEERMH0dTk

Healthcare costs can quietly drain a retirement budget, but many So...

24/08/2026

We spend so much of our lives chasing “more” - more money, more success, more security. But at what point do we have enough?

Knowing your version of “enough” can change the way you think about money, helping you shift the focus from simply accumulating wealth to using it to create a life that feels meaningful.

Our latest article explores why sometimes the smartest financial goal isn’t more, it’s knowing when you already have enough.

Read the full article: https://www.galileocapital.co.za/when-enough-is-enough-knowing-when-to-stop-chasing-more/

19/08/2026

Your financial priorities change as you do.

At 25, you may be laying the foundations. At 35, you could be balancing growing responsibilities with long-term goals. By 45, protecting your wealth and preparing for what comes next may be increasingly important.

Our latest article shares five financial lessons every woman should know at 25, 35 and 45 – with practical insights to help you make more informed decisions at every stage.

Read more: https://www.galileocapital.co.za/five-financial-lessons-every-woman-should-know-at-25-35-and-45/

18/08/2026

How much tax will you actually pay in retirement? It could be a lot less than you think.

In our latest episode, we break down the rebates, interest exemptions and medical tax credits that can help reduce your tax bill.

We even look at a real example of a retiree drawing R20 000 a month and paying just R2 199 in tax for the entire year.

Watch now to understand how tax works in retirement, and how to make more of your retirement income: https://www.youtube.com/watch?v=yTIqqQ9axcU

Retirement income in South Africa is taxed like salary, but many re...

14/08/2026

Hello, Hermanus! 👋

We’re excited to announce that Galileo has officially opened a new office in Hermanus, headed up by Paul Clark.

After many years working across investment analysis, portfolio management and asset allocation, Paul moved into financial planning to put that experience to work in a more personal way — helping people make clear, confident decisions about their financial futures.

His approach is simple: understand the person behind the numbers, what they want to achieve and what matters most to them, and then build a practical financial plan to help them get there. We’re delighted to have Paul heading up our presence in Hermanus and look forward to welcoming clients from the local community.

Welcome to Galileo Hermanus, Paul!

13/08/2026

The favourite doesn’t always win.

The World Cup Final was a great reminder that what looks certain on paper can turn out very differently, and the same is true when it comes to investing.

Diversification, discipline and a long-term plan can matter far more than trying to predict the next winner.

Katlego Mei, CFP, shares four valuable investment lessons we can take from the beautiful game.

Read more: https://www.galileocapital.co.za/what-the-world-cup-final-can-teach-us-about-investment-decisions/

04/08/2026

Please share for visibility!

Protecting our clients is our highest priority. We've recently become aware of scammers impersonating financial advisers and using their names, photographs and credentials to invite people into fraudulent WhatsApp groups.

Please remember:
* Galileo Capital will never invite you to join investment WhatsApp groups.
* We will never ask you to transfer money via WhatsApp or social media.
* We will never request sensitive personal or banking information through messaging platforms.
* Any investment or financial planning discussions should only take place directly with your accredited Galileo Capital financial planner using verified contact details.

If you ever receive a message claiming to be from Galileo Capital and you're unsure whether it's legitimate, please don't engage or share any information. Contact us directly using the details on our official website and we'll gladly verify the communication for you.

Reminder: If it's not coming through our official channels, please treat it with caution. For trusted insights and updates from Galileo Capital, subscribe to our official newsletter: www.galileocapital.co.za/newsletter-sign-up

Thank you for helping us keep our community safe.