Insights

Do realized Capital Gains have to be distributed to Capital or Income Beneficiaries? 

I came across the following interesting question raised during 2015 on the SAIT website and responded to by SAIT technical (link below) and thought the reply posted below merits some further...

Introducing Celeste Barnard

Welcoming Celeste Barnard to the Sentinel International Team. Joining our team of qualified and very experienced consultants is Celeste Barnard as the new Wills and Estate Planning Consultant based...

Post Tax Emigration: Common Queries

Upon relinquishing tax residency in South Africa, we often receive enquiries regarding subsequent steps and obligations. Michelle Tickner, a General Tax Practitioner (SA), and Annalise Heydenrych, a...

Provisional Tax Status for Discretionary Trusts Clarified

In recent times, our organization has been inundated with inquiries pertaining to the tax return submission deadlines for trusts. This surge in queries arises from the South African Revenue...

Why does an estate take so long to wind up? A guide to some of the delays and ways to avoid them.

The administration of deceased estates is governed by the Administration of Estates Act 66 of 1965 (the Act) and whilst this comprehensively sets out the process that an executor or his agent needs...

Transferring funds to Non-Resident Taxpayers via the new Approved International Transfer System: Challenging times!

In the ever-evolving landscape of international financial regulations, transferring funds to tax non-residents of South Africa via the new Approved International Transfer (“AIT”) system can be a...

Dying without a will and missing heirs

Dying Intestate Dying without a valid will means that your estate will be administered in terms of the Intestate Succession Act. In short, it will be the state (government) who sets out who your...

Have I told you lately…..how much tax compliance there is?

February, August and September are very possibly the most underrated, intense and stressful months in the tax calendar for both taxpayer and their practitioner. The reason being the collision of two...

Guide to Handling a Deceased Loved One’s Estate – Shirley Krishundutt

Losing a loved one is a challenging time, and dealing with their assets and affairs can feel overwhelming. Here's a step-by-step guide to help you navigate the process with clarity and...

Deceased estates: Dealing with company shares and Close Corporations

Are you a shareholder in a private company or a member of a closed corporation? Read on for a brief overview of what to do if a shareholder of a private company or member of a closed corporation...