Overview

The tax environment for High-Net-Worth Individuals (HWI)—defined as persons with gross assets exceeding R75m—has undergone a material shift toward enforcement-driven changes and base-broadening. Key highlights include:

• Dedicated SARS Unit: Launched in April 2021, the HNW Unit focuses on voluntary compliance and enhanced revenue collection.
• Intensified Scrutiny: SARS is increasingly focused on luxury assets (vehicles and properties), offshore holdings, and trust structures.
• Compliance Notices: A notice issued on 27 March 2026 signaled stricter compliance regarding donations, inter-spousal transfers, and low-interest loans to trusts.
• Tax Burden: HWIs remain heavily taxed through Capital Gains Tax (CGT) at death (with top effective rates of 18%), estate duty (20%–25%), and donations tax.
• Risk Profile: Audit risks are materially higher now than 5–10 years ago, with SARS actively testing declared income against lifestyle.

Webinar Content

The course provides a comprehensive look at the administrative and legislative landscape for 2026 and 2027. The syllabus covers:

1. Risk Mitigation: Proactive management strategies to reduce the risk of intense scrutiny and lifestyle audits.
2. The Lifestyle Audit: Detailed examination of how these audits are conducted.
3. Income Taxes & Planning: * Donations tax and inter-spousal donations.
   • Utilizing retirement funding for tax and estate planning.
4. Inter Vivos Trusts: * The impact of Section 7C.
   • The withdrawal of Practice Note 31 and the introduction of Section 11G.

Competencies Developed

By participating in this webinar, attendees will gain the ability to:

• Understand the HNW Unit: Gain insight into the specific focus and intensified scrutiny methods of the SARS HNW Unit.
• Navigate Compliance: Identify local and foreign compliance requirements necessary for wealthy taxpayers.
• Manage Audit Risk: Consider and identify initiative-taking management measures to mitigate the risk of audits and investigations.

Presenter

Cheryl Howard 

Cheryl is a Chartered Accountant with over 30 years’ experience in high-net-worth client advisory, specialising in tax, estate planning, and fiduciary services. She began her career at Deloitte and later worked at SNG Grant Thornton before joining BoE Private Bank, where she led private client and fiduciary services in Johannesburg.

In 2000, Cheryl established her own family office practice, which she successfully ran until its sale in 2018. She later managed the South African office of an international fiduciary firm before relaunching her practice in 2023.

Cheryl is also an experienced presenter, writer, and coach, actively involved in developing professionals in the family office and fiduciary space. She has contributed to industry bodies including FISA and STEP, and has participated in SARS and National Treasury initiatives.

CPD

This event and successful completion of the online assessment will secure 2 hours verifiable output Tax CPD points per session.

Event Investment

Free for Tax Practitioner, Tax Accountant CPD subscribers and Practice Packages. Not a CPD subscriber yet? Click here to register now.

• Regular price:  R460.00
• Group booking discounts available when you register for a group.

Payments & Cancellations

• All payments must be made by EFT or by credit card, at least 3 working days before commencement of an event.
• Kindly note that should payment not be received 2 days after the event, legal action will be taken
• Proof of payment will be requested at registration, if payment does not reflect on Tax Faculty's bank account.
• Cancellations:
  • Only written notice of cancellation will be recognized.
  • If the cancellation occurs more than 4 working days prior to the event no cancellation fee will be charged.
  • If the cancellation occurs less than 4 working days prior to the event a 100% cancellation fee will apply.
• Delegates who book and fail to attend will be liable for the full event fee.
• Tax Faculty`s liability in the case of an event being cancelled will be limited to a refund or credit of the event fee.
• Please click here for the full terms and conditions.