Trusts

March 11, 2024

Trusts, belasting en IT3(t)’s

Om te “t” of nie te “t” nie…, dit was die vraag. Gedurende die afgelope 18 maande het die verslagdoeningsraamwerk wat trusts reguleer en die daaropvolgende […]
March 11, 2024

Trusts, tax and IT3(t)’s

To “t” or not to “t”…, that was the question. Over the past 18 months, the reporting framework governing trusts and the ensuing burden placed on […]
September 18, 2023

Strenger fokus op trust opgawes in 2023

Die Inkomstebelastingwet bepaal dat alle trusts op ‘n jaarlikse basis ‘n inkomstebelastingopgawe (ITR12T) moet indien. Die nakoming van hierdie bepalings is egter die afgelope paar jare […]
June 9, 2023

Trust developments in 2023, almost more changes than the interest rate

The operation of trusts in South Africa and the roles and responsibilities of trustees underwent a wide variety of changes from various sources this year. The […]
June 9, 2023

Trustverwikkelinge in 2023, byna meer veranderinge as die rentekoers

Die werking van trusts in Suid-Afrika en die rolle en verantwoordelikhede van trustees het die jaar ‘n wye verskeidenheid veranderinge vanuit verskeie oorde ondergaan. Die veranderinge […]
April 11, 2023

Wysigings aan die Wet op die Beheer oor Trustgoed vereis meer beheer van trustees

Die Staatskoerant gedateer 29 Desember 2022, bevat verskeie wysigings aan die Wysigingswet van 2022 op die Algemene Wette (teen Geldwassery en Bekamping van Terrorismefinansiering) (“Wysigingswet”), insluitend […]
March 11, 2022

When is it appropriate to set up a Trust

When is it appropriate to set up a trust? A trust and the use thereof is often associated with complex wealth structures and frequently the potential […]
October 25, 2021

The purpose, advantages and disadvantages of a usufruct

What is a usufruct? A usufruct is a limited real right given by the testator/testatrix to someone (“usufructuary”) other than the person (“heir”) to whom an […]
September 17, 2021

The Utilisation of a Trust in Estate Planning

A trust is an effective and efficient vehicle to use in one’s estate planning and planning for a family’s (financial) future. National Treasury, in association with […]
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