Blogs tagged with tax

The big news is that trusts are now taxed at 45%, up 4% in line with the new top marginal rate for individuals on taxable income in excess of R1.5 million ...

Effective 1 March 2017, section 7C will stop the well-used technique of donating back low interest or interest fee loans to trusts ...

The committee released its second interim report on the 24th of August. It is important to stress that these are only recommendations and not law until ...

“As the world becomes increasingly globalised and cross-border activities become the norm, tax administrations need to work together..."

There are two types of special trusts recognised for tax purposes in the Income Tax Act. The first type of Trust is referred to as a Special Type A Trust ...

A lot of tax planning is done around loans between companies and trusts and it is important to understand the re-characterisation rules

The good news is that trusts are here to stay – at least that is what I believe...