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Non-Compliant Trust? Penalties are Piling up…

Non-Compliant Trust? Penalties are Piling up…

by Evolve Audit & Advisory | May 27, 2026 | Tax, Trusts

“Trustees are reminded that compliance is mandatory, and non-compliance can result in fines and penalties.” (SARS) SARS has significantly increased its scrutiny of trust administration. What’s more, from the beginning of May 2026, automated administrative...
The Risky New Trust Landscape – What Trustees Need to do Now

The Risky New Trust Landscape – What Trustees Need to do Now

by Evolve Audit & Advisory | Sep 27, 2023 | Accounting, Tax, Trusts

“The common assumption is that trusts are some kind of tax panacea…Then, conversely, from a South African Revenue Service (SARS) perspective, trusts are viewed with a degree of suspicion and mistrust. [T]he truth lies somewhere between these positions.”...

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