Deceased Estates Process Course: Estate Duty
Estate Duty Process
Lectures -2
Resources -1
Duration -1.5 hours
30-days Money-Back Guarantee
Get your team access to 10000+ top Tutorials Point courses anytime, anywhere.
Course Description
This session discusses Estate Duty, however would have been dealt with this during the course of the administration process detailed in previous sessions, as it forms part of the liabilities and in some fortunate cases maybe an asset.
SARS must confirm that the estate is fully compliant before any distributions can be made and finalize the estate.
During this session the SARS’ procedures and requirements for compliance is also explained and the calculation of Estate Duty is demonstrated.
Topics Discussed:
- Outstanding returns of deceased up to date of death
- All outstanding returns must be filed to date of death
- New Income Tax profile must be created for the Estate
- After death income / expenses
- Deceased’s personal SARS profile must be deregistered
- Estate Duty and the calculation thereof
- Surviving spouse’s inheritance (section 4q)
- Maintenance payments
- Policies paid directly to third parties
- Administration costs
- Other exemptions
- Transfer duty
- Any SARS tax is an administration cost in the estate
Goals
What will you learn in this course:
Topics Discussed:
- Outstanding returns of deceased up to date of death
- All outstanding returns must be filed to date of death
- New Income Tax profile must be created for the Estate
- After death income / expenses
- Deceased’s personal SARS profile must be deregistered
- Estate Duty and the calculation thereof
- Surviving spouse’s inheritance (section 4q)
- Maintenance payments
- Policies paid directly to third parties
- Administration costs
- Other exemptions
- Transfer duty
- Any SARS tax is an administration cost in the estate
Prerequisites
What are the prerequisites for this course?
No Prerequisites for this course
Curriculum
Check out the detailed breakdown of what’s inside the course
Estate Duty
2 Lectures
- Part 1 01:02:57 01:02:57
- Part 2 36:21 36:21
Instructor Details
Bizfacility
eCourse Certificate
Use your certificate to make a career change or to advance in your current career.
Our students work
with the Best
Related Video Courses
View MoreAnnual Membership
Become a valued member of Tutorials Point and enjoy unlimited access to our vast library of top-rated Video Courses
Subscribe nowOnline Certifications
Master prominent technologies at full length and become a valued certified professional.
Explore Now