Taxes are widely viewed as unfair and no more so than donations tax. Most people are horrified to hear they must pay donations tax on any amount above R100 000 they give-away per year. I often hear “its my money I
Interest-free loans to trusts can have positive spin-offs
The recent Tax Law Amendment Bill included amongst others, changes to the taxation of zero interest and / or low interest loans to trusts, which will come into effect on 1 March 2017. Zero interest loans and / or loans
Davis Tax Committee’s second Report on Estate Duty a major improvement
After scoring a consensus 3 out of 10 for the 1st report, the Davis Tax Committee has delivered what I consider to be a vastly improved 2nd report, which I will touch on very briefly in this article. The key