Thank you for watching. You can check out more of the payslip videos from Lifereset with Boni’s channel. That’s where I got some the medical salary information ❤
Thank you for an insightful content, However, you need to compare apples with apples, CA’s are specialists in their field and should therefore be compared with specialists in other fields, You can’t compare a CA (working in corporate) with a medical officer (working for the state nogal)
Hello ❤️i really enjoy your content,, I came across your channel yesterday and I'm really obsessed with it ❤️... I'll be starting with my CA articles soon,, so I have few questions. How were you managing your finances as a trainee?, what are some of the things you wish you could have done better during your articles? What investments were you having at that time?
Thank you and you’re welcome❤️ And congrats on reaching this far on your journey. In my first year, after buying a car, I was no longer managing, I was breaking even. But fortunately a month after that my salary increased(after passing the 1st board exams) so whatever I got I was able to save. I also didn’t increase my standard of living until I’d qualified and I had a budget and spending tracker. I regret playing the investment game wrong. I invested late in some things like certain shares and I didn’t sell on time even when I saw the share price going down, was always hopeful. I regret buying the bmw 420i after qualifying because I remained with less money and in 3 years I sold it at a major loss, wish I’d bought another investment property instead. I also wish I’d started my content creation journey earlier. I also wish I didn’t stay in corporate 10 years because there’s easy money to be made outside corporate.
I did think of overtime but many accountants aren’t allowed to claim for it, it only happens in extreme circumstances meaning it’s not fixed or regular. While with doctors overtime is a regular occurrence. However those in the audit environment do get a lot of travel allowance.
It depends on how they’re running it. If they’re running it as a registered company it means that the business taxable income will be taxed at 27% and if they pay themselves a salary then the salary portion will be taxed per individual tax rates. If they running it a sole proprietor or just self employment (they can deduct all the business related expenses but the taxable income will be taxed per normal individual tax rates.
8:25 - by the way medical interns, comm serves and even (senior doctors in rural hospitals) stay in doctors quarters only paying R900 monthly :) ---- only the dom will go rent privately when there is such.
I know the lady that shares payslips on her channel, I think it's only fair you credit her or give her a shout out if you are going to use her info as your source.
I had initially included her name on the video but had to cut it out when editing the video since I had pronounced the name wrong 🙈. Maybe il credit her properly a pinned comment plus description.
@@xireninsightswould you mind making a video on how to be a ca and what potential benefits and careers are there because ca is very broad that would be helpful
Here is a video that showed my payslip but that’s with 5 years experience at a firm that pays above market rates. ruclips.net/video/36pGJMaRcJo/видео.html I also did mention how much I was getting as a trainee just that I didn’t have the payslip. Plus I’ve done sufficient research thats y i was comfortable choosing that article. Here is another one: ruclips.net/video/SDppyTWXekQ/видео.html
Also mainly depends on which company you work for because your first pay after you qualify will determine how much you’ll get in your next job. Audit firms don’t pay well.
Have you checked my pinned comment? I had to cut out the part where I mentioned her channel because I had said the name wrong. So I knew that would still be an issue
Thank you for watching. You can check out more of the payslip videos from Lifereset with Boni’s channel. That’s where I got some the medical salary information ❤
Thanks for acknowledging her. I just found your channel today. I'm really enjoying your content...we'll done
WOW I love your content so much!! its so honest and insightful😀
I’m Glad you enjoy it ❤️
Honestly doctors should be paid more. Especially those in government services.
Thank you for an insightful content,
However, you need to compare apples with apples,
CA’s are specialists in their field and should therefore be compared with specialists in other fields,
You can’t compare a CA (working in corporate) with a medical officer (working for the state nogal)
You’re welcome.
I agree with you
Exactly
This is quite informative, thank you for sharing ❤
You’re welcome ❤️
Hello ❤️i really enjoy your content,, I came across your channel yesterday and I'm really obsessed with it ❤️... I'll be starting with my CA articles soon,, so I have few questions. How were you managing your finances as a trainee?, what are some of the things you wish you could have done better during your articles? What investments were you having at that time?
Thank you and you’re welcome❤️ And congrats on reaching this far on your journey. In my first year, after buying a car, I was no longer managing, I was breaking even. But fortunately a month after that my salary increased(after passing the 1st board exams) so whatever I got I was able to save. I also didn’t increase my standard of living until I’d qualified and I had a budget and spending tracker. I regret playing the investment game wrong. I invested late in some things like certain shares and I didn’t sell on time even when I saw the share price going down, was always hopeful. I regret buying the bmw 420i after qualifying because I remained with less money and in 3 years I sold it at a major loss, wish I’d bought another investment property instead. I also wish I’d started my content creation journey earlier. I also wish I didn’t stay in corporate 10 years because there’s easy money to be made outside corporate.
@@xireninsights that's very informative ✨Thank you so much... I'll stay tuned for more information.. thank you so much ✨
Thank you for the information 🎉❤
You are so welcome!
I love your videos.
It just makes me sad to see how much taxes are applicable… An argument to government we don’t often hear.
I just have one issue with your analysis: One salary does not have an overtime pay. It's not a fair comparison.
I did think of overtime but many accountants aren’t allowed to claim for it, it only happens in extreme circumstances meaning it’s not fixed or regular. While with doctors overtime is a regular occurrence. However those in the audit environment do get a lot of travel allowance.
@@xireninsights not even regular, virtually compulsory.
Now i understand why alot of people are leaving accountancy profession
It the biggest scam
Yeah the money is not adding up 😅
What professions are they turning to?
This is good content.. a quick question on tax for self-employed DRs, how do you work it out? Are they not operating as "businesses"?
It depends on how they’re running it. If they’re running it as a registered company it means that the business taxable income will be taxed at 27% and if they pay themselves a salary then the salary portion will be taxed per individual tax rates.
If they running it a sole proprietor or just self employment (they can deduct all the business related expenses but the taxable income will be taxed per normal individual tax rates.
@@xireninsights Spot on!
If you looking for money and life balance go the IT route (this overtime is not healthy)
Yeah it’s not healthy. Kindly share which IT jobs and qualification that make good money 🙏❤️
@@xireninsights I am a Solutions Architect , have a Bsc in Computer Science.
Salary?@@thabisohitchdladla
8:25 - by the way medical interns, comm serves and even (senior doctors in rural hospitals) stay in doctors quarters only paying R900 monthly :) ---- only the dom will go rent privately when there is such.
So they don’t even pay much for accommodation… it’s a great saving
@@xireninsights yep, i lost that privilege a long time ago... i miss it. lol
Also, if you don't stay at DQs. Some hospitals offer rental allowance to supplement you when you're renting.
I know the lady that shares payslips on her channel, I think it's only fair you credit her or give her a shout out if you are going to use her info as your source.
Please check the pinned comment.
Sister, the two digits numbers are thousands and not millions.
The 1st few minutes of the videos.
Eish 🙈 what an error. Thanks 😊
Eish, reality hits home with salaries and tax.
Tax is just too much 😔
Next time do mining engineers
Thanks will do ❤️
Why are you saying there is this lady on you tube who has the payslips. You should have properly recognized her by name and her channel.
I had initially included her name on the video but had to cut it out when editing the video since I had pronounced the name wrong 🙈. Maybe il credit her properly a pinned comment plus description.
Done. Thank you for mentioning it ❤
I’m now scared as I wanna be a ca
Please don’t be scare… the knowledge from being a CA is invaluable
@@xireninsightswould you mind making a video on how to be a ca and what potential benefits and careers are there because ca is very broad that would be helpful
Hi Xiren, I'm not sure what your channel is about now. Do you no longer speak the word of God?
Hi. I have multiple channels. Yes I do still speak the word of God
But we didn't see real payslips of the CAs so we can properly compare it... You took the figures from the articles for the CA instead of payslips
Here is a video that showed my payslip but that’s with 5 years experience at a firm that pays above market rates. ruclips.net/video/36pGJMaRcJo/видео.html
I also did mention how much I was getting as a trainee just that I didn’t have the payslip. Plus I’ve done sufficient research thats y i was comfortable choosing that article.
Here is another one:
ruclips.net/video/SDppyTWXekQ/видео.html
Yoh ayi CA(SA) is a scam yoh😮
It’s not 😀 The knowledge you gain from being a CA sets you apart.
@xireninsights maybe as one grows in knowledge and expertise in the career they can make more money
Also mainly depends on which company you work for because your first pay after you qualify will determine how much you’ll get in your next job. Audit firms don’t pay well.
Analysis is out of balance😂
Please credit the "her" properly. Don't just say "her channel" lol
Have you checked my pinned comment? I had to cut out the part where I mentioned her channel because I had said the name wrong. So I knew that would still be an issue