by Sentinel | Mar 9, 2018 | Advisory Services, Uncategorized
With the implementation of a second tier in the payment of estate duty, it naturally follows that donations tax would also be amended to follow suit. A natural person may only donate/ give away R100 000-00 (in cash or assets or a combination of both ) per financial...
by Sentinel | Mar 9, 2018 | Advisory Services, Uncategorized
Much hype was made in the last budget speech regarding estate duty which is expected to raise R150 Million in Revenue. But what exactly is estate duty and how does it affect your estate planning. Estate Duty is essentially a wealth tax which commenced on the 1st April...
by Sentinel | Feb 7, 2018 | Advisory Services
Recent judgements have once again pointed out the essential requirement that the control and enjoyment of trust assets are completely separated. So what does this mean? Trustees are appointed in a fiduciary role, meaning that whilst they have the right to control and...
by Sentinel | Feb 6, 2018 | Advisory Services
The Special Voluntary Disclosure Programme (SVDP) ended on 31st August 2017. New global standard for the automatic exchange of information (Common Reporting Standards or CRS ) between tax authorities of different countries will provide South African Revenue Services...
by Sentinel | Feb 5, 2018 | Advisory Services
On the 4th December 2017, the Office of the Chief Master of The High Court issued a directive advising a substantial increase in “Masters Fees”. It must be noted, that the Masters fees were last set in 1986. “Masters fees” is an administration cost paid to the Master...
