September 2025

Foreign Pension Update

Workshop: National Treasury and SARS Workshop on Foreign PensionsAttendee: Jeneen Galbraith Proposed Removal of Foreign Pension Exemption The workshop centred on the proposed repeal of the foreign pension exemption in section 10(1)(gC)(ii) of the Income Tax Act. This exemption currently allows South African residents to receive certain foreign pensions tax-free. What Was Discussed Economic & behavioral impact:  Loss of policy […]

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Estate Planning: Why it matters and how to do it right

Estate planning is one of the most important steps you can take to protect your family’s financial future. Without a proper plan in place, your loved ones could face unnecessary stress, disputes, or financial hardship after your death. Good estate planning goes beyond simply drafting a will. It requires specialised legal and financial guidance to

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The role of an executor: Protecting your estate and your heirs

Appointing the right executor to administer your estate is one of the most important decisions you will make in planning for the future. An executor acts in your place once you are gone, ensuring that debts are settled, assets are safeguarded and your estate is distributed according to your will and the law.  Choosing wisely

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Living Wills vs Last Wills: What you need to know

Thinking about illness or incapacity is uncomfortable, but planning for it can spare your loved ones painful decisions later. While most people are familiar with a last will and testament, fewer understand the role of a living will – also called an advance directive. A last will and testament serves as a vital estate-planning instrument

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Letter to SARS: Comment on Draft Taxation Laws Amendment Bill, 2025 

Dear Sir / Madam, Comment on Draft Taxation Laws Amendment Bill, 2025 – Removal of Foreign Retirement Fund Exemption (s10(1)(gC)(ii)) Introduction We thank SARS and National Treasury for the opportunity to comment on the proposed repeal of section 10(1)(gC)(ii) of the Income Tax Act No 58 of 1962 “ITA”, dealing with lump sums and annuities

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