What is SITUS tax?
The tax levied in South Africa on deceased estates is commonly known as estate duty. Perhaps not so commonly known is that the tax levied in the United Kingdom (UK) on deceased estates is called …
Category: Tax Posts
How To Take Advantage of The Small Business Tax Benefit
How To Take Advantage of The Small Business Tax Benefit A Small Business Corporation (or SBC) may qualify for favourable tax treatment if it meets certain requirements in the Income Tax Act (ITA). The benefits, …
South Africa’s financial emigration system has changed – here are the new rules
South Africa’s financial emigration system has changed – here are the new rules In its 2021 national budget, Treasury said that amended rules around financial emigration are set to come into effect from 1 March …
Ideas for saving tax on your investments
Ideas for saving tax on your investments July 2020 Helfin Financial Services Retirement funds – retirement annuities, pension funds and provident funds Tax-deductible contributions to retirement funds are capped at 27.5% of taxable income or …