Each R1million more than tax-free gives R40 000 to SARS for which heirs receive no benefit. Attach a YFC Codicil without changing wills to give most to heirs. #estateplanners#will
Hi 🇿🇦 Think you all
know our two tough test matches against Australia!! Please we need to feel and hear from all the way back
in SA. And more important we need you to carry and help us through the next two weeks then we back home🙏🏻 and Danko 🇿🇦
Thank you, Nomvula Mokonyane, for inadvertently illustrating a key problem that must be addressed. The DA is in the GNU because 22% of voters voted for the DA. Not by grace and favour of the ANC.
https://t.co/ctTbQCSu6f
Wow. Good news. Now imagine if @OUTASA & others did not challenge Govt’s insane Karpowership plan. We would have been compelled to buy their power at exorbitant prices, without needing it: Eskom produced so much excess power last week it had to cut back! https://t.co/7hY0SOIBBj
For those among us consistently accusing others of being triggered into a freak out for no good reason sure do get triggered into a freak out for no good reason a hell of a lot.
#LastSupper
@MagnusHeystek The media also appears to be scared to write about paying estate duty on the cash used to pay estate duty to SARS. Extra R40 000 per R1m that can be avoided benefitting heirs & PBOs. Includes Brenthurst Wealth.
@JustOneLap Tell the wealthy that heirs receive the applicable tax-free amount plus R800 000 for each additional R1m in the estate, executors paying R200 000 to SARS. Heirs receive net assets and R800 000 tax s/b R160 000, R200 000 paid. Extra R40 000 for no benefit. [email protected]
@MagnusHeystek Financial planners I assume includes estate planning. How many take the trouble to ensure their estate plans do not pay more than the promulgated rate of estate duty. Must check tax paid not more than promulgated rate not throwing away R40 000 in each R1m.
Estate administrators are paid 3.5%. How many report back to the estate planner, so the estate planner performance measured with regard to estate duty?
If you are an heir of an estate that has paid #estateduty check the effective rate to see if SARS received extra. If executor paid SARS 20% of net assets that includes cash paid to SARS. This means R40 000 in each R1m is extra. Contact me [email protected] to check.
This is pitiful. The melanin-quotient of the DA leader is the least significant aspect of this historic agreement. Critical Race Theory creeps into almost every report about SA in Britain and the USA. Grow up, guys!
Beware: There is a strong attempt from #MK using what seems to be paid influencers to manipulate & alter public discourse on social media to sow doubt about this election.
Taking legit single complaints already sorted out, blow it up & manufacture a national vite rigging issue