by VDT Attorneys | Apr 22, 2026 | Wealth management, Wills and Trusts
The Draft Amendment Bill 2025 introduces stricter compliance requirements to align South African companies with international compliance standards. Proposed amendments to the Companies Act 71 of 2008 (“Companies Act”) further empower the Companies and...
by VDT Attorneys | Oct 25, 2025 | Wealth management
The announcement to remove South Africa from the greylist is a massive achievement for South Africa; however, the removal from the greylist doesn’t mean that the compliance regulations, legislation and processes will disappear. In fact, these new compliance...
by VDT Attorneys | Apr 22, 2024 | Budget, Budget Speech, Estate Planning, Reporting, SARS, Wealth management
Over the past decade, there has been much speculation surrounding the potential introduction of formal wealth taxes in South Africa. Drawing parallels from international models, such a tax would be a percentage-based tax calculated on the market value of an...
by VDT Attorneys | Feb 21, 2024 | Donation, Donation tax, Tax, Tax Advisory, Tax liability, Tax planning, Wealth management
For tax purposes, a donation is defined as “any gratuitous disposal of property including any gratuitous waiver or renunciation of a right”. This means that the donation must be free or at no charge and should the donee (recipient) who receives a donation give...
