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Overview A trust is a legal relationship created by the founder of the trust. The founder places assets under the control of trustees for the benefit of beneficiaries of the trust or for a specific purpose. Trusts are established for various re asons.  If structured properly, a trust is a very effective tool that can be used for the following reasons: • Estate planning purposes: When a natural person passes away, estate duty is levied on all property and deemed property owned on the date of death.  The estate duty rate is currently 20% on the value of the estate up to R30 million and 25% on the value of the estate in excess of R30 million.  In an attempt to reduce estate duty, taxpayers can donate or sell or transfer assets to a trust so that the property is not owned by the deceased on the date of death and estate duty will, therefore, not be due on the assets so transferred. • Effective management or protection of assets – When assets are donated, sold or transferred to the trust, the trust assets are managed by one or more trustees for the benefit of beneficiaries. Short course content (self-paced)  Trust types and income allocations Competencies developed in this short course (self-paced) Prepare Personal Income Tax Returns Review Personal Income Tax Returns Dispute and Controversy Management Associated with Personal Income Tax Provide Tax Advice Associated with Personal Income Tax

Overview A trust is a legal relationship created by the founder of the trust. The founder places assets under the control of trustees for the benefit of beneficiaries of the trust or for a specific purpose. Trusts are established for various re asons. If structured properly, a trust is a very effective tool that can be used for the following reasons: • Estate planning purposes: When a natural person passes away, estate duty is levied on all property and deemed property owned on the date of death. The estate duty rate is currently 20% on the value of the estate up to R30 million and 25% on the value of the estate in excess of R30 million. In an attempt to reduce estate duty, taxpayers can donate or sell or transfer assets to a trust so that the property is not owned by the deceased on the date of death and estate duty will, therefore, not be due on the assets so transferred. • Effective management or protection of assets – When assets are donated, sold or transferred to the trust, the trust assets are managed by one or more trustees for the benefit of beneficiaries. Short course content (self-paced) Trust Income / Gain Allocations Competencies developed in this short course (self-paced) Prepare Personal Income Tax Returns Review Personal Income Tax Returns Dispute and Controversy Management Associated with Personal Income Tax Provide Tax Advice Associated with Personal Income Tax

Overview A trust is a legal relationship created by the founder of the trust. The founder places assets under the control of trustees for the benefit of beneficiaries of the trust or for a specific purpose. Trusts are established for various re asons. If structured properly, a trust is a very effective tool that can be used for the following reasons: • Estate planning purposes: When a natural person passes away, estate duty is levied on all property and deemed property owned on the date of death. The estate duty rate is currently 20% on the value of the estate up to R30 million and 25% on the value of the estate in excess of R30 million. In an attempt to reduce estate duty, taxpayers can donate or sell or transfer assets to a trust so that the property is not owned by the deceased on the date of death and estate duty will, therefore, not be due on the assets so transferred. • Effective management or protection of assets – When assets are donated, sold or transferred to the trust, the trust assets are managed by one or more trustees for the benefit of beneficiaries. Short course content (self-paced) Nature of the rights of beneficiaries Competencies developed in this short course (self-paced) Prepare Personal Income Tax Returns Review Personal Income Tax Returns Dispute and Controversy Management Associated with Personal Income Tax Provide Tax Advice Associated with Personal Income Tax

Overview A trust is a legal relationship created by the founder of the trust. The founder places assets under the control of trustees for the benefit of beneficiaries of the trust or for a specific purpose. Trusts are established for various re asons. If structured properly, a trust is a very effective tool that can be used for the following reasons: • Estate planning purposes: When a natural person passes away, estate duty is levied on all property and deemed property owned on the date of death. The estate duty rate is currently 20% on the value of the estate up to R30 million and 25% on the value of the estate in excess of R30 million. In an attempt to reduce estate duty, taxpayers can donate or sell or transfer assets to a trust so that the property is not owned by the deceased on the date of death and estate duty will, therefore, not be due on the assets so transferred. • Effective management or protection of assets – When assets are donated, sold or transferred to the trust, the trust assets are managed by one or more trustees for the benefit of beneficiaries.   Competencies developed in this short course (self-paced) Prepare Personal Income Tax Returns Review Personal Income Tax Returns Dispute and Controversy Management Associated with Personal Income Tax Provide Tax Advice Associated with Personal Income Tax Short course content (self-paced) Donation, settlement or other disposition Competencies developed in this short course (self-paced) Prepare Personal Income Tax Returns Review Personal Income Tax Returns Dispute and Controversy Management Associated with Personal Income Tax Provide Tax Advice Associated with Personal Income Tax

Overview A trust is a legal relationship created by the founder of the trust. The founder places assets under the control of trustees for the benefit of beneficiaries of the trust or for a specific purpose. Trusts are established for various re asons. If structured properly, a trust is a very effective tool that can be used for the following reasons: • Estate planning purposes: When a natural person passes away, estate duty is levied on all property and deemed property owned on the date of death. The estate duty rate is currently 20% on the value of the estate up to R30 million and 25% on the value of the estate in excess of R30 million. In an attempt to reduce estate duty, taxpayers can donate or sell or transfer assets to a trust so that the property is not owned by the deceased on the date of death and estate duty will, therefore, not be due on the assets so transferred. • Effective management or protection of assets – When assets are donated, sold or transferred to the trust, the trust assets are managed by one or more trustees for the benefit of beneficiaries. Short course content (self-paced) Transactions between spouses (section 7(2)) Competencies developed in this short course (self-paced) Prepare Personal Income Tax Returns Review Personal Income Tax Returns Dispute and Controversy Management Associated with Personal Income Tax Provide Tax Advice Associated with Personal Income Tax

Overview A trust is a legal relationship created by the founder of the trust. The founder places assets under the control of trustees for the benefit of beneficiaries of the trust or for a specific purpose. Trusts are established for various re asons. If structured properly, a trust is a very effective tool that can be used for the following reasons: • Estate planning purposes: When a natural person passes away, estate duty is levied on all property and deemed property owned on the date of death. The estate duty rate is currently 20% on the value of the estate up to R30 million and 25% on the value of the estate in excess of R30 million. In an attempt to reduce estate duty, taxpayers can donate or sell or transfer assets to a trust so that the property is not owned by the deceased on the date of death and estate duty will, therefore, not be due on the assets so transferred. • Effective management or protection of assets – When assets are donated, sold or transferred to the trust, the trust assets are managed by one or more trustees for the benefit of beneficiaries. Short course content (self-paced) .Income received by or accrued to minor children (section 7(3)) & section 7(4) Competencies developed in this short course (self-paced) Prepare Personal Income Tax Returns Review Personal Income Tax Returns Dispute and Controversy Management Associated with Personal Income Tax Provide Tax Advice Associated with Personal Income Tax

Overview A trust is a legal relationship created by the founder of the trust. The founder places assets under the control of trustees for the benefit of beneficiaries of the trust or for a specific purpose. Trusts are established for various re asons. If structured properly, a trust is a very effective tool that can be used for the following reasons: • Estate planning purposes: When a natural person passes away, estate duty is levied on all property and deemed property owned on the date of death. The estate duty rate is currently 20% on the value of the estate up to R30 million and 25% on the value of the estate in excess of R30 million. In an attempt to reduce estate duty, taxpayers can donate or sell or transfer assets to a trust so that the property is not owned by the deceased on the date of death and estate duty will, therefore, not be due on the assets so transferred. • Effective management or protection of assets – When assets are donated, sold or transferred to the trust, the trust assets are managed by one or more trustees for the benefit of beneficiaries. Short course content (self-paced) Donation, settlement or other disposition Competencies developed in this short course (self-paced) Prepare Personal Income Tax Returns Review Personal Income Tax Returns Dispute and Controversy Management Associated with Personal Income Tax Provide Tax Advice Associated with Personal Income Tax

Overview A trust is a legal relationship created by the founder of the trust. The founder places assets under the control of trustees for the benefit of beneficiaries of the trust or for a specific purpose. Trusts are established for various re asons. If structured properly, a trust is a very effective tool that can be used for the following reasons: • Estate planning purposes: When a natural person passes away, estate duty is levied on all property and deemed property owned on the date of death. The estate duty rate is currently 20% on the value of the estate up to R30 million and 25% on the value of the estate in excess of R30 million. In an attempt to reduce estate duty, taxpayers can donate or sell or transfer assets to a trust so that the property is not owned by the deceased on the date of death and estate duty will, therefore, not be due on the assets so transferred. • Effective management or protection of assets – When assets are donated, sold or transferred to the trust, the trust assets are managed by one or more trustees for the benefit of beneficiaries. Short course content (self-paced) Other attribution rules Competencies developed in this short course (self-paced) Prepare Personal Income Tax Returns Review Personal Income Tax Returns Dispute and Controversy Management Associated with Personal Income Tax Provide Tax Advice Associated with Personal Income Tax

Overview A trust is a legal relationship created by the founder of the trust. The founder places assets under the control of trustees for the benefit of beneficiaries of the trust or for a specific purpose. Trusts are established for various re asons. If structured properly, a trust is a very effective tool that can be used for the following reasons: • Estate planning purposes: When a natural person passes away, estate duty is levied on all property and deemed property owned on the date of death. The estate duty rate is currently 20% on the value of the estate up to R30 million and 25% on the value of the estate in excess of R30 million. In an attempt to reduce estate duty, taxpayers can donate or sell or transfer assets to a trust so that the property is not owned by the deceased on the date of death and estate duty will, therefore, not be due on the assets so transferred. • Effective management or protection of assets – When assets are donated, sold or transferred to the trust, the trust assets are managed by one or more trustees for the benefit of beneficiaries. Short course content (self-paced) Tax implications of loans to trusts Competencies developed in this short course (self-paced) Prepare Personal Income Tax Returns Review Personal Income Tax Returns Dispute and Controversy Management Associated with Personal Income Tax Provide Tax Advice Associated with Personal Income Tax

Overview A trust is a legal relationship created by the founder of the trust. The founder places assets under the control of trustees for the benefit of beneficiaries of the trust or for a specific purpose. Trusts are established for various re asons. If structured properly, a trust is a very effective tool that can be used for the following reasons: • Estate planning purposes: When a natural person passes away, estate duty is levied on all property and deemed property owned on the date of death. The estate duty rate is currently 20% on the value of the estate up to R30 million and 25% on the value of the estate in excess of R30 million. In an attempt to reduce estate duty, taxpayers can donate or sell or transfer assets to a trust so that the property is not owned by the deceased on the date of death and estate duty will, therefore, not be due on the assets so transferred. • Effective management or protection of assets – When assets are donated, sold or transferred to the trust, the trust assets are managed by one or more trustees for the benefit of beneficiaries. Short course content (self-paced) CGT Implications of Trusts Competencies developed in this short course (self-paced) Prepare Personal Income Tax Returns Review Personal Income Tax Returns Dispute and Controversy Management Associated with Personal Income Tax Provide Tax Advice Associated with Personal Income Tax  

Overview A trust is a legal relationship created by the founder of the trust. The founder places assets under the control of trustees for the benefit of beneficiaries of the trust or for a specific purpose. Trusts are established for various re asons. If structured properly, a trust is a very effective tool that can be used for the following reasons: • Estate planning purposes: When a natural person passes away, estate duty is levied on all property and deemed property owned on the date of death. The estate duty rate is currently 20% on the value of the estate up to R30 million and 25% on the value of the estate in excess of R30 million. In an attempt to reduce estate duty, taxpayers can donate or sell or transfer assets to a trust so that the property is not owned by the deceased on the date of death and estate duty will, therefore, not be due on the assets so transferred. • Effective management or protection of assets – When assets are donated, sold or transferred to the trust, the trust assets are managed by one or more trustees for the benefit of beneficiaries. Short course content (self-paced) Provisional tax requirements and principles related to trusts Competencies developed in this short course (self-paced) Prepare Personal Income Tax Returns Review Personal Income Tax Returns Dispute and Controversy Management Associated with Personal Income Tax Provide Tax Advice Associated with Personal Income Tax