News2018-09-18T10:20:03+00:00

NEWS

ALL THE LATEST NEWS & DESTINATA HOLDINGS MEDIA RELEASES

VALIDITY OF WILLS

June 1st, 2018|

As many say, there are two things definite in life - Taxes and Death. We all deal with the first quite frequently, but we will all be confronted with the latter at some stage, so be prepared! Many in their [...]

SECTION 7C – INTEREST ON LOAN ACCOUNTS

May 25th, 2018|

With effect from the start of the 2018 financial year, i.e. 1 March 2017, SARS has introduced a new section to the income tax act which states that interest will need to be charged on trust loan accounts. This section [...]

TRANSFER COSTS, TRANSFER DUTY AND THE TWO ATTORNEYS

April 14th, 2018|

Most people know that transfer costs need to be paid when buying a property and everybody knows that NO transfer duty is payable for transactions below R900 000. Unfortunately, a lot of people confuse transfer costs and transfer duty in that they think it [...]

WHEN PARTIES TO A TRUST DIVORCE

March 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

March 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

February 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 [...]

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