by VDT Attorneys | Oct 1, 2025 | Estate Planning, International estate planning, Wills and Trusts
The often-quoted phrase “nothing is certain except death and taxes” is crucial for estate planning. South African residents with local and offshore assets need to understand the tax obligations that will arise at their death. Unfortunately, many testators are unaware...
by VDT Attorneys | Feb 6, 2025 | Beneficial Ownership, Trust, Wills and Trusts
Following these amendments to the Trust Property Control Act, the Master of the High Court published a directive on 17 October 2023, introducing a new platform for the submission of beneficial ownership (BO) registers by trustees. The consequence for non-compliance...
by VDT Attorneys | Sep 8, 2023 | Estate Planning, Fiduciary Accounting, Tax Advisory, Tax Compliance, Wills and Trusts
With the General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Act 22 of 2022 (“Amendment Act”) having come into full effect on 1 April 2023, SARS has updated its online income tax return system to enable SARS to intensify the verification...
