GRYPHON AFTER TAX RETURN CALCULATOR
This calculator is designed to enable investors to calculate the difference in yield between the Gryphon Dividend Income Fund and a money market alternative.
AFTER TAX CALCULATIONS
TERMS OF REFERENCE
Yield
Gryphon Dividend Income Fund: the default yield is the current yield of the C-Class, but this can be adjusted to a selected rate for a customised comparison.
Money Market Fund: the default yield is the current yield of the Gryphon Money Market, but this can be adjusted to a selected rate for a customised comparison
Income Tax Rate
Individuals: default rate is 45%
Companies: default rate is 28%
Either of these can be adjusted to a selected rate for a customised comparison.
Dividend Withholding Tax Rate
Dividend Withholding Tax is paid directly to SARS on the investor’s behalf. The default rate for individuals and trusts is 20%. This can be customised should exemptions or reduced rates apply.
Yield
Gryphon Dividend Income Fund: the default yield is the current yield of the C-Class, but this can be adjusted to a selected rate for a customised comparison.
Money Market Fund: the default yield is the current yield of the Gryphon Money Market, but this can be adjusted to a selected rate for a customised comparison
Income Tax Rate
Individuals: default rate is 45%
Companies: default rate is 28%
Either of these can be adjusted to a selected rate for a customised comparison.
Dividend Withholding Tax Rate
Dividend Withholding Tax is paid directly to SARS on the investor’s behalf. The default rate for individuals and trusts is 20%. This can be customised should exemptions or reduced rates apply.