VAT for Deceased Estates Course

This course concerns the application of the value-added tax (VAT) law in respect of deceased and insolvent estates in South Africa.

Join us for this very insightful session, that wishes to expand your knowledge and interpretation, specifically for the purposes of VAT.

Topics Discussed:

• Definitions and Concepts
  • Enterprise
  • Connected Persons
  • Partnerships
  • Time and Value of Supply
  • Accounting Basis
  • Representative Vendor
• Executors and Trustees
  • Duties and Obligations
  • Executor and trustee fees (regulated fees)
• Winding up the Estate
  • VAT Registration
  • Continuation of Trading activities
  • Collection of Estate Claims
  • Realization of assets
  • Payment of Estate Claims
  • Marital Regime
• Distributions to heirs and legatees
  • Distribution of Assets
  • Special Bequests
• Insolvent Estates
  • Unpaid Debt
  • Repossessions and surrender of goods
  • Auctions
  • Voidable dispositions
  • Creditor contributions and distributions