The Tax Consulting Podcast
Welcome to the Tax Consulting Podcast, your trusted source for expert insights into South African tax matters.
Featuring a range of specialists from various departments across Tax Consulting South Africa, including legal, tax, and accounting professionals, each episode offers in-depth discussions on key topics such as expatriate tax, tax residency, SARS updates, compliance strategies, and more.
Whether you are an affluent individual, expatriate, or business, our podcast provides the knowledge and guidance needed to confidently manage your tax obligations, mitigate risks, and maximise opportunities.
The Tax Consulting Podcast
SARS to End Leniency on Trust Tax Compliance | Moneyweb Interview | Sidney Fletcher
Sidney Fletcher, Senior Manager: Trust and Deceased Estate Tax Compliance at Tax Consulting SA, explains the critical changes in SARS’ approach to trust compliance.
In this Moneyweb interview, Sidney highlights the introduction of administrative penalties for trusts failing to submit tax and IT3(t) returns. He details SARS’ expanded reporting requirements, including beneficial ownership registers and resolutions for all trustee decisions.
Sidney’s insights shed light on how these changes align with global efforts to combat financial crime and ensure transparency. Compliance is no longer optional—it is essential for all trusts to act swiftly.
Read the full article to stay ahead of these changes: https://bit.ly/40PP2CQ
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