by VDT Attorneys | Nov 12, 2025 | High-net-worth individuals, Mandatory balance sheet reporting, SARS, Tax collection efficiency, Tax planning
SARS established the High Wealth Individual Unit (HWIU) in 2021, recognising the need for a dedicated division to monitor and engage with affluent taxpayers who often possess complex financial structures, both locally and offshore. The HWIU forms part of SARS’s...