Donations Tax

If you are considering donating money towards a charitable cause or gifting your child, spouse or best friend with a sum of money, a car or a even a house, keep in mind what the Income Tax Act, Act 58 of 1962 has to say about such disposals. According to the act a...

WHAT YOU NEED TO KNOW WHEN CLAIMING MAINTENANCE

There is a legal obligation on biological parents as well as the legal guardian of a child to pay maintenance in order to support the child financially. This obligation includes contributions towards paying for food, clothing, accommodation, medical care and...

USING A TRUST AS AN ESTATE PLANNING VEHICLE

Careful and creative estate planning is crucial to preserving your wealth for your family’s future. Whether or not you realize it, you have an estate that will be subject to default laws of taxation and distribution that may not align with how you desire your estate...