Trusts – good or bad?

One of the most popular episodes of my podcast, Tax Break, deals with a question that often comes up from advisors: this is whether they should advise their clients to keep their assets in trusts. This depends on the facts and circumstances of each case and some tax considerations may play a role. In this episode, I discuss some of the tax implications that persons who consider holding their assets in trusts should consider.

You can listen to this episode on Spotify at the link below:

You can also listen to this episode on Apple Podcasts.

Articles

Changes to the VAT registration thresholds

Changes to the VAT registration thresholds

The National Treasury announced in the 2026 Budget Review that the compulsory VAT registration thresholds will increase from R1 million to R2,3 million. The voluntary registration threshold also increases from R50 000 to R120 000. These changes in the draft Rates and...

Tax in the 2026 Budget

Tax in the 2026 Budget

There is always a lot of excitement about the budget and 2026 was no different. In this episode, I discuss some tax proposals in the budget that would be interesting for as tax professionals and practitioners. The proposals that I discuss include: Inflationary...

Section 7C

Section 7C

Section 7C has been a hot topic for tax practitioners since its introduction in the Income Tax Act as part of the 2016 amendments. It is one of the few sections that most people recognise by the section number! SARS issued a draft interpretation note for comment late...

Considering VAT on grants

Considering VAT on grants

When thinking about VAT and grants, your first instinct is probably that there should not be VAT on a grant. In this episode, I look at a tax court case that illustrates the importance of being careful when dealing with VAT and grants, as this can be more complex than...

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