Legal Tax Saving Tips

Legal Tax Saving Tips

South Africans are taxed more relative to income and service delivery than in any other jurisdiction on the Planet. Savvy tax planning and mitigation is thus highly rewarding for most high-net-worth individuals. South of the millennium, there was a clear distinction between tax “evasion” and “avoidance”, with

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To disclose or not to disclose offshore assets?

To disclose or not to disclose offshore assets?

Earlier this year, riding on the coat tails of the #PanamaPapers Expose, SARS proudly announced its Special Voluntary Disclosure Program (VDP) to commence on 1 October 2016. In a typical scare tactic, the media was leveraged to publish various articles including: “You can’t hide your Offshore Assets”

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