Insights

Transferring funds to Non-Resident Taxpayers via the new Approved International Transfer System: Challenging times!

In the ever-evolving landscape of international financial regulations, transferring funds to tax non-residents of South Africa via the new Approved International Transfer (“AIT”) system can be a...

Have I told you lately…..how much tax compliance there is?

February, August and September are very possibly the most underrated, intense and stressful months in the tax calendar for both taxpayer and their practitioner. The reason being the collision of two...

Guide to Handling a Deceased Loved One’s Estate – Shirley Krishundutt

Losing a loved one is a challenging time, and dealing with their assets and affairs can feel overwhelming. Here's a step-by-step guide to help you navigate the process with clarity and...

Deceased estates: Dealing with company shares and Close Corporations

Are you a shareholder in a private company or a member of a closed corporation? Read on for a brief overview of what to do if a shareholder of a private company or member of a closed corporation...

Third-party reporting places yet another compliance burden on Trustees 

Many PBOs and Trusts are now required to submit third-party returns to SARS. Read on to find out how this might affect you, and what you need to do to mitigate the risks.  South Africa’s recent...

Introducing our New Brand Ambassador

We are excited to introduce the newest member of our team – our Brand Ambassador! You may already know him well. It's none other than Ricky Opperman-Knipe, who has over 26 years of experience in the...

2023 Calendar With Important SARs Dates

Download the 2023 calendar with important SARS dates Download Calendar

Risk of Acting as Independent trustee – Perhaps good time to hand over

Increased Risk and Additional Minimum Requirements for Independent Trustees This article discusses the implications of Act No. 22 of 2022: General Laws (Anti-Money Laundering and Combating Terrorism...

Who Can Help Me In My Time Of Grief & Confusion

My husband passed away, I do not have any family and do not have any children. I am the residuary heir of the estate. I feel all alone and with the loss of my husband, I have many questions...

Changes to the Tax Clearance process announced (At last!) 

After a lengthy delay, SARS has provided clarity on the new process for transferring funds out of South Africa. Sentinel’s Michelle Tickner unpacks how the changes are likely to affect both tax...