How often do we come across someone who owns a company which in turn owns a property? Very often! Now that is the worst possible structure that you can imagine from a tax point of view, especially since the 2017 budget....

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I have an attorney friend and client who was about to buy a residential property for rental and quite rightly wanted it to be owned by a company within a trust. The problem was that he didn't have a trust yet and in those days we didn't have shelf trusts. He needed to sign the deal straight away and asked my advice....

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Accreditations & Memberships

South African Institute of Chartered Accountants. Designation CA(SA) Engineering Council of South Africa. Designation Pr(Eng)Independent Regulatory Board for Auditors. Designation RA<    Internationally Accredited Financial MediatorsMember of MENSA, the High IQ Society

 

 

 

Contact Details

Minentle : mini@harbourassociates.co.za

Tumi : tumi@harbourassociates.co.za

Derek : derek@harbourassociates.co.za

During office hours: 011 805 0030

Outside office hours (any day, any time): 083 385 0791

Skype: derek.peter.springett

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Address: 1st floor, Gallagher School Building, 537 Lupton Drive, Midrand, Gauteng

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