Why a Trust?

Tags: Trust Reading Time: 3 minutes The popularity of trusts has generally decreased in business, due to the tightening of tax provisions around trusts, reducing their effectiveness as a vehicle to legitimately reduce tax. More and more, however, our trust accounting...

10 Steps to understanding Trusts in SA

Tags: Trust Reading Time: 3 minutes Increasingly, individuals are appreciating the value of trusts in estate planning. Thanks to the continued growth in these vehicles, we offer dedicated trust accounting services to our clients. In this article, we explain the 10...

Setting up Trusts for Children

Tags: Accounting Reading Time: 3 minutes Ensuring your family’s future financial security is usually done by setting up a Trust. Parents, guardians or grandparents may opt to set up a Trust by placing their assets into it which is will be for the benefit of their...

More about Trusts in South Africa

Tags: Estate Planning Reading Time: 4 minutes More individuals are recognising the importance of estate planning and are looking for effective ways to protect their assets in order to transfer their wealth to their beneficiaries. One of the mechanisms utilised in...

Is your Trust ready for the new Section 7C

Tags: Section 7C, Taxations Laws Amendment Bill Reading Time: 5 minutes President Jacob Zuma has signed The Taxations Laws Amendment Bill (TLAB) into law on 11 January 2017. The TLAB will be implemented effectively from 1 March 2017. A new section, Section 7C, has...

The importance of the independent trustee

Tags: importance, independent, trustee Reading Time: 3 minutes A well-known court case, Land Bank of South Africa vs JL Parker and Two Others (the Parker case) irrevocably changed the requirements for independent trustees to be appointed and placed renewed focus on...