As the duly appointed executor of a deceased estate you are required to have advanced knowledge about a vast spectrum of aspects relating to the estate. Keeping up with the changes in income tax legislation can be very cumbersome. At Africorp Accounting we aim to relieve this pressure by taking over the income tax portion of the estate. Our focus is to save the executor the time and effort to complete the SARS verification process of updating the estate bank details. This entails a process where all documentation must be presented to the SARS officials in person.

The executor provides our tax practitioners with a power of attorney to conduct this process on his or her behalf. We enquire about the current tax status of the deceased and assist the executor in bringing all outstanding tax returns up to date. Where required, we register the deceased estate as a separate tax entity, to declare all taxable post-death income. As a final service, we apply for the letter of tax compliance from SARS which the executor requires to prove to the Master that all tax affairs of the deceased are in order. Our team is actively engaged in estates tax administration for a number of corporate enterprises, banks and attorneys.