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Monthly Archives: May 2016
With proposed Tax changes to Trusts, are they still worth while?
Proposed tax changes by the Davis Tax Commission are threatening the taxation of trusts and people are starting to wonder if they should move assets out of trusts and if they should still consider a trust in their financial planning … Continue reading
Posted in Tax
Tagged Financial planning, Trusts, Wealth tax
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Transfer of a property: is VAT or Transfer Duty payable?
A purchaser is responsible for payment of transfer cost when acquiring an immovable property, but it should further be established if the transaction is subject to the payment of VAT or transfer duty to SARS. When an immovable property is … Continue reading
Posted in Property
Tagged SARS, Transfer Duty, VAT
Comments Off on Transfer of a property: is VAT or Transfer Duty payable?