Price:
R598.00 (VAT Incl.)
Level:
Tax Professionals
Sub-level:
Taxation
Lecturer:
Jeanmari van der Schyff
Duration:
120 Minutes
Additionals:
R598.00 (VAT Incl.)
Level:
Tax Professionals
Sub-level:
Taxation
Lecturer:
Jeanmari van der Schyff
Duration:
120 Minutes
Additionals:
CPD Assessment
Certificate
Certificate
Lesson Outline
Many trusts have served their purpose but remain active, exposing trustees and beneficiaries to unnecessary compliance obligations, administrative penalties and ongoing costs. Before recommending that a trust be terminated—or allowing it to remain dormant—it is essential to understand the legal, tax and administrative consequences.
This practical webinar will guide you through the complete process of deciding whether a trust should remain in existence or be terminated, while highlighting the common mistakes that can delay deregistration or result in unexpected tax
This webinar will cover the following:
- Is the trust still serving a purpose?
- Should you keep it or terminate it?
- Risks of leaving a dormant trust
- SARS compliance obligations
- FIC obligations
- Beneficial ownership updates
- Trust tax returns
- Deregistration with SARS
- Deregistration with the Master
- Tax consequences of the final distributions
- Practical checklist before terminating a trust
- Common mistakes that delay deregistration