provide for future generations, trusts are often established with the expectation that they’ll continue serving the family for decades. But families don’t stand still. Children grow up, move overseas and…
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The compliance grace period is officially over. From 4 May 2026, the South African Revenue Service (SARS) has started enforcing administrative penalties for trust tax non-compliance, ending months of leniency…
Building and protecting wealth is about more than numbers, it’s about creating security, freedom, and opportunity for the future. For South Africans with global aspirations, an offshore trust can be…
The South African Revenue Service (SARS) has historically been reluctant to approve the release of funds when resident trusts distribute to non-resident trusts. However, following numerous enquiries on this matter,…
For South Africans living overseas, accessing funds from a trust in South Africa has always been complicated. Strict exchange control rules and approvals made moving money offshore a challenge, leaving…
Trusts are common financial tools in South Africa for managing and protecting wealth, but when it comes to tax, things can get a bit tricky, especially if some of the…
Trustees, take note! The South African Revenue Service (SARS) has just revamped the filing season for trust taxpayers. Starting in 2024, you’ll have dedicated time to submit your returns. It…
The tax landscape has significantly evolved in recent years, especially for South African expats and beneficiaries of trusts. The increasing trend of South African trust beneficiaries relocating overseas, ceasing tax…
In South Africa, a trust is a practical, legal way to manage assets for the benefit of others. Offering unique tax benefits if utilised correctly, navigating the complexities of trusts…
Death, while something we strive to avoid, is an inevitable part of life. Dealing with the complexities of a deceased estate is challenging in itself. However, if you are a…