NEWS
ALL THE LATEST NEWS & DESTINATA HOLDINGS MEDIA RELEASES
WHEN PARTIES TO A TRUST DIVORCE
It is a common occurrence on many trusts that spouses either act as co-trustees, or one spouse acts as a trustee while the other is merely a beneficiary. These 2 scenarios share some similarities when it comes to the parties [...]
BUDGET 2018/19 COMMENTARY
With the exception of the increased VAT rate from 1 April 2018, there were no major surprises, in my opinion. It's a fairly stable, "safe" budget. Points worth mentioning are listed below. VAT: Increase from 14% to 15%, effective 1 [...]
ECONOMIC REBIRTH
I received advice from a motivational speaker the other day about perceptions. He told us to test it. Then everybody at the presentation had to send their spouse the following text message: "I love you so much "just that, nothing [...]
CONTRACTING ON BEHALF OF A TRUST
When transacting on behalf of a Trust, it is imperative to familiarise yourself with and to take the following factors into account: 1. Are you a Trustee or an agent of a Trust? 2. What powers and duties do you [...]
TOFFEE APPLES – PEOPLE AND THE PRINCIPLES OF INVESTING
"Every child is an artist. The problem is how to remain an artist once he grows up." - Pablo Picasso Thinking about people whom we deal with every day of our lives and situations, economic or political, makes me think of [...]
LOANS TO TRUSTS: THE NEW LEGISLATION (SECTION 7C)
During the past 12 months, a lot has been speculated with regards to the findings by The Davis Tax Committee on trust loans and possible tax effects thereof. There have been many opinions published over the last year, and as [...]