2023 & Beyond: Current Tax & Compliance Issues Affecting Trusts

Date: Sep 19, 2023 - Sep 19, 2023

CPD hours: 2 Hours

Time: 15:00 - 17:00

Event Type: Webinar

Presenter: Phia van der Spuy CA(SA)

A trust is a unique entity, with its tax treatment also being unique. Know the rules, as SARS hinted that they would apply these unique rules more strictly.


The South African Revenue Service has signaled increased scrutiny of trust structures. As a result, modifications have been made to the ITR12T. Given that trusts serve as the taxpayer of last resort, it's imperative to understand the distinct and intricate nature of this unique "animal".

In this webinar, we will consider the following important issues:

1. What are the practical implications of the principle of the taxpayer of last resort?
2. What are the different tax types and risks associated with trust structures? 
3. How do the recent amendments to the Trust Property Control Act affect trusts? 
4. What are the risks and potential liabilities when tax practitioners get it wrong?
5. What are the changes to the new ITR12T?

Webinar content

  • Practical implications and tax risks flowing from the concept of "a taxpayer of last resort
  • How to navigate the new trust tax return.
  • Critical considerations for tax practitioners.
  • Provisional tax and trusts.
  • Who pays what and when?

Competencies developed in this webinar

  • Understand why trusts are taxpayers of last resort and the practical implications.
  • Understand the latest legislative and other changes affecting trusts.
  • Understand the different tax types affecting trusts, their funders / donors, trusts and their beneficiaries.
  • Understand the different tax types affecting trusts, their funders or donors trusts and their beneficiaries.
  • Understanding the requirements of the new trust tax return and the required documents to be submitted with it (a game changer).
  • Understand the consequences of getting it wrong - for you and your clients.



Phia van der Spuy

CA(SA), CTA, TEP, BCom (Industrial Psychology)

Phia is a chartered accountant with a master’s degree in local and international tax, a registered fiduciary practitioner of South Africa®, a chartered tax adviser, a trust and estate practitioner (TEP), and the founder of Trusteeze®. She also holds a BCom honours degree in industrial psychology.

Phia co-founded a company that digitalised trust administration and accounting, called Trusteeze.

Phia writes about trusts and estate planning in various national newspapers on a regular basis and published the second edition of her book entitled, Demystifying Trusts in South Africa.


Attending this webinar and the successful completion of the online assessment will secure a certificate of completion for 2 hours of Tax CPD.

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.
  • Special rate for SAIT members: R368.00.
  • Group booking discounts available when you register for a group.

Payments and cancellations

  • All payments must be made by EFT or by credit card, at least three working days before commencement of an event.
  • Kindly note that should payment not be received two days after the event, legal action will be taken.
  • Proof of payment will be requested at registration if payment does not reflect in The Tax Faculty’s bank account.
  • Only written notice of cancellation will be recognized.
  • Conditions:
    • If the cancellation occurs more than four working days prior to the event no cancellation fee will be charged.
    • If the cancellation occurs less than four 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.
  • The 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.

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