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Related South Africa Law Questions
This is specifically pertaining to the South African Revenue
This is specifically pertaining to the South African Revenue Services.On my provisional tax return (IRP6) there basically 2 amounts you fill in. Turnover and estimated taxable income. On my yearly (IR… read more
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I have taken excellent advice previously with Just Answer.
Good day, I have taken excellent advice previously with Just Answer. My questions now are related to property, I am recently divorced, the property in question is solely in my name, we were married in… read more
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My mom who lives with us, is 89 years old. My father passed away in 2013. The house they j
My mom who lives with us, is 89 years old. My father passed away in 2013. The house they jointly owned is now solely in her name. My sister and I are the heirs of the estate. What would be the best so… read more
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Good Morning. I am currently assisting my partner in the administration
Good Morning. I am currently assisting my partner in the administration of her late father's estate. The appointed executors have indicated that the estate will need to pay CGT on her late father's pr… read more
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There is a property in trust, with 3 trustees, financial circumstances
There is a property in trust, with 3 trustees, financial circumstances have changed and we need to sell the property. 2 of the trustees have lived there since 1995 and the beneficiary is there daughte… read more
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I would like to buy a property for an adult child of mine that
I would like to buy a property for an adult child of mine that - to cut a long story short - I do not totally trust. Is there a tax efficient legal instrument whereby I can buy the property, allow her… read more
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Hi My primary residence is currently in a CC (close corporation)
Hi My primary residence is currently in a CC (close corporation) I would like to transfer it into my name. Please could you advise of the charges e.g transfer cost that I would have to incur. Would I … read more
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What is the capital gains tax liability if I transfer the assets
What is the capital gains tax liability if I transfer the assets of a close corporation into a trust. Do I do valuation of the cc?… read more
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Grandfather left estate to grandchildren, part of the estate
Grandfather left estate to grandchildren, part of the estate is my mothers house. She wants to sell this house and buy another which everyone is fine with however would she or the estate have to pay c… read more
Bert274
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If i make 1 million dollars profit trading on the international
If i make 1 million dollars profit trading on the international market and bring the money into SA, How much tax am I liable for?… read more
JJ
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My wife and I are the 2 members of a cc that owns a vacant
My wife and I are the 2 members of a cc that owns a vacant plot on a golf estate. We formed the cc and bought the plot in January 2002. Within months the law changed to make it a bad idea to have done… read more
WCLawyer
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Hi MDF here, 2 persons are getting devorced, 1 property should
Hi MDF here, 2 persons are getting devorced, 1 property should be transfered to the other. The property is reg. in a trust. Both persons in the devorce are the trustees and beneficiaries. The 1 who is… read more
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My house was bought in 1973 in a company name. However I am
My house was bought in 1973 in a company name. However I am the sole member of the cc. My bond and house insurance are linked and are with Nedbank. My bond a/c is paid up and has a small negative bala… read more
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We are UK Citizens that live in UK for six months and South
We are UK Citizens that live in UK for six months and South Africa six months. We have houses in both countries. We are applying for a long term visa in South Africa - Residency - (We already have a 4… read more
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My brother and i have three properties in a trust ,we are the
My brother and i have three properties in a trust ,we are the only trustees.Not one of the properties is our primary residence.We would like to get these properties into our personal names.The value o… read more
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If a house is transferred out of a trust to the beneficiary
If a house is transferred out of a trust to the beneficiary or beneficiaries, who is liable for transfer duties, costs, and capital gains tax? the trust or the beneficiary to whom it is transferred? A… read more
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Master's Degree
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what are the conditions for transferring a property from a
what are the conditions for transferring a property from a trust to the primary resident to avoid transfer duty in terms of the SARS amnesty?… read more
Mike Otis
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Master's Degree
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When my husband died in 2008 I had to rent out my property
When my husband died in 2008 I had to rent out my property so that I would have an income. The property was my primary and only property, I bought it in 2002 for R212,000.00 and now I have had an offe… read more
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Master's Degree
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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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