Estate Duty Explained
02 July 2025
When someone passes away, their estate may be subject to estate duty—a tax on the value of what they leave... behind. Governed by the Estate Duty Act 45 of 1955, this process involves calculating the total assets, applying specific deductions, and determining what’s owed. Whether you’re planning ahead or winding up an estate, understanding how it works is key.
Let’s break it down simply—what’s included, what’s exempt, how it’s calculated, and who’s responsible.