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How to Minimize the Tax Burden on Your Estate

How to Minimize the Tax Burden on Your Estate

Understanding how your estate will be taxed and how the various tax laws apply is key to formulating a good estate plan. It is important while doing estate planning, to make sure that it is aligned with your will and that it is formulated in such a way that the tax...
The Importance of Proper Tax Planning 

The Importance of Proper Tax Planning 

It is not forbidden in South African tax law to minimize your tax payable. The principle of tax structuring forms part of our common law and our Income Tax Act has a section dealing with transactions that are solely entered into for tax evasion. To understand the...
SARS Filing Season 2020 for Individuals

SARS Filing Season 2020 for Individuals

Due to the Covid-19 pandemic, SARS is currently enhancing its efforts to simplify the tax return filing requirements for individual taxpayers and removing the need to travel to their branches in 2020. Through the increased use of third-party data, SARS will be...
Salary Structuring to Ensure Optimal Tax Benefit

Salary Structuring to Ensure Optimal Tax Benefit

There is nothing wrong with Tax structuring of an employee’s salary. South African Income Tax Case Law confirms that it is fine to structure an employee’s remuneration to pay as little as possible Tax. Structuring an employee’s package can also not be subject to the...
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