May 2023

Trustees: Your New Duty to Report Beneficial Owners

South Africa has been grey listed by the Financial Action Task Force for not fully complying with international anti-money laundering and terrorism financing standards. That’s led government to bring in a variety of compliance measures, including a new requirement for trustees to disclose the beneficial owners of trusts in a register accessible by the appropriate

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How You and Your Business Can Benefit from SARS’ Solar Tax Breaks

South African companies and households, with no option but to seek alternatives to Eskom’s expensive, erratic and deteriorating supply, will be relieved to know that – from a tax perspective – the timing could not be better to invest in solar and renewable energy. Two time-limited tax measures were announced in the 2023 Budget in

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