If you missed the live session with Rudolph Geldnhuys, CFP®, you’re in for a treat. We took a deep dive into how he uses TaxSpace in his client process and why it’s become a vital tool in his practice. You can now watch the full recording below, but here’s a quick summary of what we covered.
Why TaxSpace?
Francois du Toit, CFP® started building TaxSpace because he was tired of messy spreadsheets and complicated calculators. It began as a simple Excel tool called the “Tax Tool” (original, we know), but it’s come a long way since then. It’s now a fully online app that runs in your browser, no matter the device.
TaxSpace is more than just a tax calculator. It helps you model real scenarios and make smart, tax-efficient decisions—especially for:
- Business owners
- People nearing or in retirement
- Clients with multiple income streams
A Practical Walkthrough
Rudolph showed how he uses TaxSpace as part of his financial planning process. He walked us through a case study of a retired client with:
- A living annuity
- A life annuity
- Unit trusts
- Some cash in the bank
He started by building a “current scenario” in TaxSpace, adding each income source and letting the tool calculate the client’s actual tax position. Then, he created different versions of the scenario to explore what would happen if they:
- Reduced income from the living annuity
- Took more from the unit trust (which is taxed more favourably)
- Made a retirement annuity contribution—even though they were already retired
The result? A massive reduction in average tax rate—from 25% to 12%—and more money in the client’s pocket. And the best part? It was easy to show and explain to the client in real-time.
Built for Advisers
TaxSpace is designed for financial planners and advisers. It gives you the ability to:
- Create multiple scenarios
- Clearly show the impact of tax planning
- Use live figures in client meetings
- Guide clients to better outcomes with confidence
Even if you’re not a tax expert, the tool does the heavy lifting. You just need a good base understanding of how tax works.
Special Access and Pricing
We offer a 7-day trial for just R10. If you’re a PROpulsion member or a Commspace client, you get a discounted rate of R351/month. The standard rate is R390/month, with no VAT for now.
Visit my.taxspace.app/register to register, try it out, and see the difference it can make in your process.
Want to calculate transfer duties, compare investment options, or plan lump sum withdrawals? Those tools are already live or on the way, and all included in your current subscription.
Final Thoughts
Whether you use TaxSpace in every planning meeting or only when a client brings up tax frustration, it’s there to help you bring clarity, save clients money, and make smarter decisions together.
Thanks again to Rudolph for sharing how he uses it in practice, it’s always powerful to see the theory brought to life.
🎥 Watch the full recording above and see how you can start using TaxSpace in your advice process.
Questions? Reach out, we’re here to help.