Join us for a webinar like no other, exploring Deceased Estate Taxes with renowned speaker Jannie Rossouw. Don't miss out on this invaluable opportunity to enhance your expertise on Wednesday, 26 July 2023. Earn 1.5 CPD points.

Date: 26 JULY 2023.

Time: 10 am

Duration: 90 minutes.

Link to Zoom: https://us02web.zoom.us/j/86751651303?pwd=bDVlWk9mY0g5dGhrTWlTZEYzWDRIQT09

Speaker: Jannie Rossouw

Jannie will be covering the following topics:

1. TAX LAW CHANGES
2. THE TAXPAYERS.

1. The Deceased
2. The Estate
3. The Heirs

1. THE TAXES

1. Income Tax
2. Capital Gains Tax
3. Donations Tax
4. Estate Duty

1. THE PARALLEL PROCESS

1. Liquidation and Distribution Account
2. Taxes

1. SARS

1. Coding of deceased estate
2. Appointment of representative
3. Obtain access to E-Filing profile

1. THE L&D AND THE TAXES

1. Tax History
2. Application of tax and capital gains to each asset in L&D
3. Application of tax and capital gains to each deemed asset

1. ESTATE DUTY THE DIFFERENTIATION BETWEEN:

1. Assets
2. Liabilities
3. Administration costs
4. Income
5. Expenses

1. ESTATE DUTY. THE APPLICATION OF ESTATE DUTY TO:

1. Property – Sworn appraisal or Proceeds?
2. Farming property – 30% reduction (which value in the L&D?)
3. Unlisted shares in private companies/close corporations – section 5(1)(f)bis
4. Domestic policies (Life assured? Premiums paid by? Beneficiary? Key man? Buy-and-sell?)
5. Retirement funds: Pensions / Annuities
6. Usufructs (Limited rights)
7. Bequests to spouse – definition of spouse
8. Section 4A deduction- R7m or R3.5m?

1. SARS – DECEASED ESTATE COMPLIANCE LETTER (DEC)

1. L & D Vouchers Pack
2. Income Tax Pack
3. Capital Gains Tax Pack
4. Estate Duty Pack