Penalties for Trust Non-Compliance in South Africa

Penalties for Trust Non-Compliance in South Africa

By Ronél Nieuwoudt   16 April 2026 The South African Revenue Service (SARS) has intensified its focus on trust compliance, introducing automated penalties and stricter enforcement. In February 2026, SARS issued final demands to trusts with outstanding 2024 and...
New Requirements For Trusts

New Requirements For Trusts

4 June 2024 IF YOU ARE A TRUSTEE OF A TRUST, THERE ARE NEW LEGAL REQUIREMENTS YOU SHOULD BE AWARE OF: SARS IT3(t) DATA SUBMISSION   Legislative background   The South African Revenue Services published requirements for the reporting of information by...
Succession Planning

Succession Planning

We all dream of leaving a legacy behind. To achieve this, we need to think and plan well ahead. You need to ensure that your business remains agile well after the most important key players, be it owners or valuable employees, move on to new opportunities, retire or...
The Holistic Approach

The Holistic Approach

The Holistic Approach Auro Professional is a professional services firm specialising in accounting, tax and providing commercial solutions. We provide a holistic approach to wealth and taxation planning, as a family wealth office in which the administrative,...
Independent trustees – Compliance AND Value Contributor

Independent trustees – Compliance AND Value Contributor

Independent trustees – Compliance AND Value Contributor Niel du Plessis shares his view on new regulations in the trust and fiduciary environment. Professional advisers agree that an independent trustee is an important element to good corporate governance and from a...