by Solaris Law | Aug 16, 2025 | News
Individual The benefits of holding property in your own name are the following: Individuals pay capital gains tax (CGT) at a relatively low maximum effective rate of 18%. If the property is your “primary residence”, the first R2 million of the capital gain arising on...
by Solaris Law | Aug 7, 2025 | News
An offshore trust is a powerful financial and estate planning tool for South Africans wanting to protect and grow their wealth in a globally compliant and secure manner. Here are seven compelling reasons why this strategic decision may be worth considering: Asset...
by Solaris Law | Aug 4, 2025 | News
The “old school” skills that make up a good lawyer are more important than ever in light of the increased use of artificial intelligence-powered tools like ChatGPT. Since its launch in late 2022, ChatGPT (which, by the way, stands for Chat Generative Pre-trained...
by Solaris Law | Jul 25, 2025 | News
If you are faced with a technical tax matter, being proactive and seeking professional advice early can prevent penalties down the line. SARS is entitled to impose significant understatement penalties if, among other things, there are “[n]o reasonable grounds for...
by Solaris Law | Feb 21, 2024 | News
It was recently found in a Canadian court that the ubiquitous symbol of a “thumbs-up” emoji can constitute binding contractual acceptance, marking a significant global trend in the interpretation of electronic signatures. The facts of the relevant case, namely South...
by Solaris Law | Nov 7, 2023 | News
On 1 April 2023 certain amendments (Amendments) to the Companies Act, No 71 of 2008 (Companies Act) were promulgated to strengthen South Africa’s combatting of money laundering and terrorist financing in line with the recommendations of the Financial Action Task...
