About eedev

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So far eedev has created 19 blog entries.

WHEN PARTIES TO A TRUST DIVORCE

2018-09-18T09:10:32+00:00March 29th, 2018|

It is a common occurrence on many trusts that spouses either act as co-trustees, or one spouse acts as a trustee while the other is merely a beneficiary. These 2 scenarios share some similarities when it comes to the parties [...]

BUDGET 2018/19 COMMENTARY

2018-09-18T09:09:08+00:00March 2nd, 2018|

With the exception of the increased VAT rate from 1 April 2018, there were no major surprises, in my opinion. It's a fairly stable, "safe" budget.  Points worth mentioning are listed below. VAT:  Increase from 14% to 15%, effective 1 [...]

ECONOMIC REBIRTH

2018-09-18T09:05:51+00:00February 23rd, 2018|

I received advice from a motivational speaker the other day about perceptions. He told us to test it. Then everybody at the presentation had to send their spouse the following text message: "I love you so much "just that, nothing [...]

CONTRACTING ON BEHALF OF A TRUST

2018-09-18T09:02:39+00:00July 12th, 2017|

When transacting on behalf of a Trust, it is imperative to familiarise yourself with and to take the following factors into account: 1. Are you a Trustee or an agent of a Trust? 2. What powers and duties do you [...]

LOANS TO TRUSTS: THE NEW LEGISLATION (SECTION 7C)

2018-09-18T08:21:08+00:00June 14th, 2017|

During the past 12 months, a lot has been speculated with regards to the findings by The Davis Tax Committee on trust loans and possible tax effects thereof. There have been many opinions published over the last year, and as [...]

AN EXAMPLE OF SECTION 13

2018-09-18T08:11:12+00:00June 14th, 2017|

Our CEO, Johannes Maree, wrote an article to illustrate an example regarding the section 13sex Residential Building Allowance - here it is. Before I get to the numbers, a recap of the requirements: 1. The residential unit must be new [...]

BUDGET OF 2017

2018-09-18T08:05:18+00:00June 11th, 2017|

In my opinion, there were no major surprises or major alarm bells in this year's budget speech, duly delivered by our esteemed Minister of Finance, Mr Pravin Gordhan. The budget has been labelled "pro-poor, but not populist" by News24, and [...]