I'm earning a bit of money (R15k+/month) now from an online business of mine. The cheques are currently being sent in my wife's name but that's not ideal any more as far as tax is concerned. As far as tax is concerned and as far as KEEPING as much of it as possible is concerned, should I get a shelf CC, a PTY Ltd or an intervivos trust?
Ideally, in the long-term, we'd like an intervivos trust but I've heard that it's expensive to set up right. So perhaps one of the business options is better? There's no point in flushing half of the cheque away for setting up a trust as we need the cash.