by VDT Attorneys | Apr 22, 2024 | Abatements, Budget, Budget Speech, Estate Planning, Reporting, SARS
In the ever-evolving landscape of offshore structuring, the interplay between exchange control regulations and global tax policies can have significant implications for South African individuals and businesses having offshore structures, as governments worldwide...
by VDT Attorneys | Apr 15, 2024 | Abatements, Budget, Budget Speech, Estate Planning, Reporting, SARS
In the aftermath of the 2024 National Budget speech which took place in February 2024, many taxpayers might have breathed a sigh of relief at the absence of tax hikes or significant tax amendments. The most noteworthy observation from the budget is the absence of...
by VDT Attorneys | Nov 29, 2023 | Beneficial Ownership, SARS, Tax, Tax return, Trust disclosures
Filing tax returns for a trust is no longer as straightforward as it used to be. Earlier this year, the South African Revenue Services (“SARS”) issued a notice that new requirements have been introduced when filing tax returns for a trust. SARS now requires that the...
by VDT Attorneys | Jun 14, 2019 | SARS, Tax
Dear Valued ClientVDT Attorneys: investments Kindly note that all interest earned on an investment made by VDT Attorneys, on your behalf, for the 2018/ 19 tax year, must be declared to SARS. We are pleased to advise that IT3(b) certificates are now available. Please...
