Death and Taxes: Estate Duty, Income Tax and VAT Implications
Duration: 2 hours
Price: R195.00
We’ve all heard the phrase “the only two certainties in life are death and taxes” but what comes next and do you know the correct procedures to follow when a client informs you of a death. Not only do you need to know how to calculate estate duty but income tax comes into play and, in some cases, VAT. Then there is the dreaded practical side of dealing with SARS to register the estate.
The aim of this video is to provide an overview of all the tax consequences that need to be accounted for and considered when the taxpayer dies.
After attending this video, participants will develop the following competencies:
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