by VDT Attorneys | Nov 24, 2025 | Reportable Arrangements, SARS, SARS disclosure rules, Tax, Tax Advice, Tax planning
A reportable arrangement is any transaction or structure that SARS believes could give rise to unusual or significant tax benefits. These include arrangements that result in a tax benefit of more than R5 million, the use of hybrid instruments that look like debt but...
by VDT Attorneys | Sep 4, 2025 | AML, Anti-Money Laundering, Anti-money Laundering Amendment Act, Estate Planning, Tax, Tax Advice, Wills and estates
Estate planning does not operate in a vacuum. It is shaped by tax policy, political pressures, and economic realities. Recent developments in South Africa illustrate how quickly the landscape can change. For example, although the government rejected new...
by VDT Attorneys | Aug 5, 2025 | Crypto, Crypto assets, Crypto currencies, SARB, Tax
Exchange control in South Africa is primarily governed by the Exchange Control Regulations (the “Excon Regulations”), issued under the Currency and Exchanges Act 9 of 1933. These regulations prohibit the export of capital, such as financial assets and investments, or...
by VDT Attorneys | Jul 16, 2025 | AI, Artificial Intelligence, Tax, Tax Advice, Tax filing
The South African Revenue Service (SARS) is modernising its operations by integrating advanced data analytics and artificial intelligence (AI) to strengthen tax compliance and boost revenue collection. SARS is using AI to analyse large amounts of data quickly and...
by VDT Attorneys | Jun 30, 2025 | Owing SARS money, SARS, SARS debt compromise agreement, Tax, Tax Advice, Tax planning
When a taxpayer is unable to pay its tax obligation to the South African Revenue Service (“SARS”), the taxpayer either has the choice to enter a deferral payment arrangement wherein they can arrange for a deferred payment plan, or the taxpayer may enter into a debt...
by VDT Attorneys | Apr 16, 2025 | Emigration, Financial Emigration, Tax, Tax Advisory, Tax planning
A pivotal aspect of successful financial emigration is the change in tax residency. South Africa employs two main criteria to assess tax residency: the Ordinary Residency Test and the Physical Presence Test. Ordinary Residency Test: This test determines whether a...
