What is Estate Duty? Estate Duty is payable on the estate of every person who dies and whose nett estate is in excess of R3.5 million. It is charged at the rate of 20%. Estate duty is levied on the property of residents and South African property of nonresidents less allowable deductions. The duty is…
Home > estate duty
Tag: estate duty
PATC (Professional Accountants & Tax Consultants), based in Durban, provide a full range of accounting and tax services for both businesses and individuals across South Africa and internationally.
Our aim is to provide you with the best possible, hassle free service!
We offer our clients peace of mind, which comes from knowing that all their affairs (concerning the Receiver of Revenue and other Statutory Bodies) are under the care of professionals.