Cost of bad tax advice

Cost of bad tax advice

When bad advice leads to big losses  A recent court ruling against a big corporate highlights the need for independent professional tax advice for companies. By Simon Turner, CEO of Sentinel International  South African companies often use share incentive schemes to...
A blueprint for your legacy

A blueprint for your legacy

You would never hand over your investment portfolio to a stranger offering to manage it for free, so why would you do the same with your Will? It’s a crucial document that affects your entire financial strategy. By Simon Turner, CEO, for  Sentinel International Most...
What can SA do to prosper in a low-tax world?

What can SA do to prosper in a low-tax world?

One of the positive surprises in South Africa’s 2020 budget was the announcement that the country’s corporate tax rate would be dropped by 1%. This means that from 1 April 2022, companies will pay tax at a flat rate of 27%. National Treasury deputy director-general,...
Testamentary reservation – too much control?

Testamentary reservation – too much control?

Testamentary reservation allows a trustee to exert control of a trust after their death. But SARS seldom looks kindly on this.  One of the essential elements for the creation of a valid Trust is that the assets held in the trust must be administered separately from...