What is my Legacy – What can I do?

What is my Legacy – What can I do?

In terms of Section 18(A) any donation to a Public Benefit Organisation is tax deductible up to 10% of your annual income (excluding any lumpsums that you may receive during the year of assessment) Sentinel International is proud to be independent trustees of Public...
Provisional Tax – An Overview

Provisional Tax – An Overview

We have seen that SARS has become stricter with their implementation and adherence to the income tax legislation over the past few years. Tax compliance has become the latest buzz word, as has become evident from the recent Nugent Commission Inquiry. Sentinel would...
Proposed Wealth Taxes – New demands

Proposed Wealth Taxes – New demands

Following the much anticipated report from the Davis Tax Committee on the feasibility of wealth taxes in South Africa, there have been various interpretations and discussions amongst practitioners, speculating about the way forward. Some are optimistic and believe...
Exchange Control Emigration – Who’s it for?

Exchange Control Emigration – Who’s it for?

We often find that persons who have been living abroad for a number of years are surprised to find that they are still considered to be residents by the South African Reserve Bank (SARB). As a result, thereof, they remain bound by the various exchange controls imposed...
What does financial emigration entail?

What does financial emigration entail?

The scope of the application will greatly depend on the applicant’s personal circumstances, but in essence it requires the filing of MP336 (b) form with an authorised dealer (your local bank) included therein is a statement of assets and liabilities held in South...
Offshore Trusts – The Road Ahead

Offshore Trusts – The Road Ahead

Points to ponder: Service delivery vs commodity sale Era of consolidation of service providers The tide Compliance Anti-avoidance Court of public opinion Costs Needy beneficiaries Problematic jurisdictions Download the full presentation here: Offshore Trusts –...