Have you loaned money to your trust?

A change in the law in 2017 which treat how loans made to a trust by someone who is a connected person to the trust (usually the founder, trustees or beneficiaries) will have an impact for many taxpayers next month.

Moneyweb have a nice summary of the impact it will have (and concerns surrounding SARS readiness to to deal with the changes).

If you need advice on how best to deal with the impact of this change, please get in touch.

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