by Wilma Botha | Sep 20, 2024 | Accounting, Business Coaching, Business Management
In South Africa, trusts are subject to specific tax rules that differ from other entities. Here’s how a trust is taxed: 1. income tax (trusts) • Trusts are taxed at a flat rate of 45% on income retained within the trust. • However, if income is distributed to...
by Wilma Botha | Sep 18, 2024 | Accounting, Business Coaching, Coaching
This is the first of a three part series on tax starting with Estate Duty, which will be followed by Trust taxes and lastly, Company tax. Please note that Fourstrings is by no means a tax specialist and we urge you to get professional financial advice – this article...
by Wilma Botha | May 10, 2024 | Accounting
introduction Maximising growth and stability in South African businesses cannot be done without crucial accounting and bookkeeping services given the fierce competition and regulatory complexities plus the urgency to maintain financial health. In this context, robust...
