The big news is that trusts are now taxed at 45%, up 4% in line with the new top marginal rate for individuals on taxable income in excess of R1.5 million. The good news is that the company tax rate remains unchanged at 28% – further reason to take advantage of the company tax rate...Read More
The big news is that trusts are now taxed at 45%, up 4% in line with the new top marginal rate for individuals on taxable income in excess of R1.5 million. The good news is that the company tax rate remains unchanged at 28% – further reason to take advantage of the company tax rate...Read More