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 –...
Sharing our knowledge

Sharing our knowledge

Following a successful visit to the Crown dependencies in 2016, a team of specialists from our Cape Town and Johannesburg offices will be heading to London and the Channel Islands during the month of May. The trip follows recent experiences in the trust and compliance...
Creating a company – Beware of non-compliance!

Creating a company – Beware of non-compliance!

In today’s technologically advanced world you can have a company registered in South Africa within a week on the Companies and Intellectual Property Commissions’ (CIPC) website. Sounds easy enough right? If you don’t have an in-depth knowledge of the Companies Act No....
Transferring assets into an Inter Vivos Trust

Transferring assets into an Inter Vivos Trust

In the 2002 decision of the Cape High Court in CSARS v Welch’s Estate (65 SATC 137), the taxpayer was found to be liable for donations tax, however this decision was reversed by majority in the Supreme Court of Appeal and raises some interesting issues relating...
Donations Tax

Donations Tax

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...