At Tax Consulting SA, we know that tax compliance for high-net-worth individuals (HNWIs) can be a complex and challenging process. With SARS placing increased scrutiny on individuals and families with substantial wealth, it’s crucial to stay ahead of the curve and ensure full compliance with the tax authority.
SARS has implemented new reporting measures for HNWIs, requiring a comprehensive breakdown of your income sources, expenses, and investments. Our team of expert tax consultants will guide you through the intricacies of these requirements, helping you compile accurate and transparent reports.
As a HNWI, you may have various exemptions and/or deductions applicable to your unique financial situation. However, be prepared for SARS to thoroughly review these claims. Our seasoned tax professionals will assist you in substantiating your deductions while minimising the risk of an audit.
As we have seen from the 2023 tax season, which marked the introduction of a greater focus on asset valuation, especially for individuals with substantial holdings. Where, discussions surrounding the implementation of what wealth tax consists of, were held. Our team continues to stay updated on the latest tax developments, ensuring you are well-prepared for any potential changes.
With years of experience in handling complex tax matters for HNWIs, our team of specialists possesses the knowledge and acumen to meet your unique needs, spanning tax attorneys, accountants, tax practitioners, and other seasoned professionals.
Your financial situation is unique, and so are your tax needs. Our multi-faceted team of experts will work closely with you to create personalised tax solutions tailored to your specific circumstances, maximising your wealth preservation and tax efficiency.
Your privacy is paramount to us. Rest assured that all communications and engagements with Tax Consulting SA are handled with the utmost confidentiality under NDA and under legal professional privilege where necessary.
Navigating the tax landscape as a HNWI requires a proactive approach. Our tax advisors specialize in tailored strategies to minimize your tax liability while ensuring compliance. Let us help you optimise your financial affairs efficiently.
Do not get caught off guard. Get ahead of the game and ensure a seamless and compliant process, in relation to your tax affairs.
André Daniels
Legal Manager: Tax Controversy & Dispute Resolution, LLB