Mention the word "Estate Duty," and the responses you receive will often be tinged with a sense of fear. It is a tax that we spend a lifetime planning for, yet it accounts for only a tiny fraction of tax collections. So why is so much attention paid to it? When it goes wrong, it can go spectacularly wrong - just ask the Ellerines family, who were involved in a recent high-profile case.
In this session, Carmen Westermeyer will provide a refresher on Estate Duty and the intricacies of its function. She will also focus on the current state of estate planning, including trends, practical workarounds, and potential hazardous pitfalls in the processes required.
BCom(Honours Accounting) [UND] CA(SA)
Carmen Westermeyer graduated in 2001 from the University of Natal, Durban (now UKZN), with a BCom Honours degree in Accounting and completed her articles with PwC, where she remained until 2006. She has been a member of SAICA since then.
In 2008, she started her academic career at UKZN, where she performed a number of functions, taking on the role of Academic Leader for Taxation. On leaving academia in 2013, Carmen has been providing training and consulting services to the profession. She has presented on behalf of various professional bodies, such as SAICA, FASSET, CSSA as well as providing in-house training to numerous accounting firms. The topics covered include all aspects of income tax, VAT, estate duty as well as the health levy (sugar tax). In addition, she regularly consults on tax matters as well as assisting with SARS disputes.
She is also the Chair of the SAICA Eastern Region Tax Committee, a member of the SAICA National Tax Operations Committee and is an Accounting Member of the Tax Court.
Attending this webinar and the successful completion of the online assessment will secure a certificate of completion for 2 hours of Tax CPD.
Free for Tax Practitioner, Tax Accountant CPD subscribers and Practice Packages. Not a CPD subscriber yet? Click here to register now.