by Sentinel | Oct 28, 2021 | Advisory Services, Webinars
Under South African law, when a person loses mental capacity, they lose the right to a Power of Attorney, which forces most families down a laborious and expensive road of appointing a curator or an administrator. Our advice is to rather set up a vested trust. Here’s...
by Sentinel | Oct 28, 2021 | Advisory Services, Webinars
Beware: SARS is strengthening anti-avoidance rules when it comes to transferring loans between trusts. Here’s what you need to know. By Annalise Heydenrych, Tax and Compliance consultant, Sentinel International The 2021 Draft Taxation Laws Amendment Bill (“DTLAB”)...
by Sentinel | Oct 16, 2021 | Advisory Services, Webinars
It has become a trend in South Africa for the government to overextend when it comes to taxing prospective and actively emigrating South Africans. A recent proposal is a case in point – it has caused a flurry of emotions and could result in legal challenges. By...
by Sentinel | Oct 12, 2021 | Advisory Services
“If we want to shift the way our kids manage and think about money in the future, then we must instill these lessons today” The issues Far too often, financial planning service providers bear witness to the disastrous financial consequences that many adults find...
by Sentinel | Sep 2, 2021 | Advisory Services
Beware of the penalties of missing a tax return In July 2021, the South African Revenue Service (SARS) ramped up its collection power by imposing a series of administrative non-compliance penalties for the non-submission of tax returns, as defined in Section 210 of...
by Sentinel | Aug 2, 2021 | Advisory Services
Used wisely, ‘Key Person’ and ‘Buy-and-Sell’ policies can ensure a satisfactory outcome for both your heirs and your business partner(s). Read on to find out how… Contrary to popular belief, there’s more to effective estate planning than simply preparing a will....
