S J Kelly and Associates CC

10/02/2023

The deputy chairperson of SAICA's National Tax Committee shares a very important new development on PBOs and section 18A certificates. You may want to prepare your PBO clients.

24/02/2022

Read our experts' views on today's Budget Speech.

14/10/2020

SARS allows taxpayers to avoid criminal prosecution and regularise their tax affairs by making a disclosure under the Voluntary Disclosure Programme (VDP). A successful VDP application allows for an applicant to receive waiver of penalties and to settle outstanding tax liable with SARS.

02/08/2020

A survey of 250 accountants shows less than 10% are satisfied with the way the Unemployment Insurance Fund (UIF) relief programme is being run. This is according to a survey conducted in July by Saiba. A total of 22 respondents (8.8%) said they were “satisfied” or “very satisfied” with the w...

28/02/2020

The exemption of foreign employment income tax earned by South African residents, coming into effect on 1 March 2020, will change. It is not expected that the Minister of Finance, Mr Tito Mboweni, will delay its implementation, writes Piet Nel, SAICA Project Director: Tax. The purpose of the exempti...

13/01/2020

The National Treasury and the South African Revenue Service (SARS) announced the so-called South African expat Tax in 2017.

10/01/2020

DECEASED ESTATE ADMINISTRATION -
Executor Services

As the testator, you can nominate one or more persons, as executor, to manage the estate until its final distribution

The Executor is nominated to carry out instructions in terms of your will, and is responsible for the administration and winding up of your Estate in an efficient manner, insuring that your beneficiaries receive their inheritance.

The Master of the High Court oversees this process and ensures that the Executor complies with the directions of the Will and the requirements by law
The Executor has the following duties and responsibilities:
• Obtaining the death certificate, procuring the original Will, and filing the necessary documentation with the Master of the High Court;
• Taking over the management of the Estate, and protecting the assets in the Estate;
• Identifying and notifying all beneficiaries and other relevant persons of the person’s death;
• Complying with all the procedural requirements for the winding up of an Estate;
• Assessing, approving or disapproving all creditor’s claims;
• Collecting and arranging payments;
• Finalising Income Tax returns, and calculating and paying the Estate Duty;
• Preparing and filing the Liquidation and Distribution account; and
• Distributing the assets to the beneficiaries

Please contact us should you require any further information and / or assistance with the above

27/03/2019

WILLS and ESTATE ADMINISTRATION

I have many years experience in attending to Estate Planning and Estate Administration .

I am pleased to inform you that I have successfully completed the UNISA qualification "Course in Administration of Estates". This was a year long course.

It is important that all our Estate Planning and Wills are regularly reviewed.

We do offer the services of Executorship and Estate Administration .

Should you require any further advice on your Estate Planning ,Wills and Estate Administration, please let us assist you.
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01/09/2018