Insights

Important Updates on IT3(t) Submissions for Trusts: How We Can Assist You

South Africa’s greylisting led to the promulgation of Act No. 22 of 2022: General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Act. This resulted in amendments to several...

Does my Trust (or Trusts in general) have a future in South Africa?

This is a commonly asked question we have been asked in the past few months in light of the multitude of new legislative reporting obligations imposed upon Trusts for the purpose of addressing the...

Reviewing Your Last Will And Testament

What Does Reviewing Your Will Mean And What Should You Be Looking For? We are often told to review our will on a regular basis and /or at momentous occasions, births, deaths marriages, divorce etc....

Provisional Tax – Explained

The deadline for the second provisional tax period of the 2024 tax year is end February 2024. This year being a leap year means the deadline date is 29 February 2024. Provisional tax remains a...

Sentinel International – Still Delivering the Future

2024 marks a momentous occasion as we joyously celebrate the 25th anniversary of Sentinel International. For a quarter of a century, Sentinel has stood as a beacon of excellence, adaptability, and...

Reflecting on a year of partnership and growth

As we approach the close of another remarkable year, I want to take a moment to express my deepest gratitude to each one of you who has been an integral part of the Sentinel International family. As...

Practical issues when distributing dividends from a SA Trust to a non-resident beneficiary.

For generations, the use of trusts in estate planning has been a popular method to safeguard and manage the various costs of transferring assets between generations, both for present and future...

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...