You may be familiar with people who have their own trusted doctors. Just as people have their own preferred doctors that they have built relationships with over the years, people also do have their own personal accountants that they visit from time to time. However what exactly is it that you would need an accountant for?1. Taxes - Taxes are certain, one way that people avoid being on the wrong side of the law is through getting personal tax advice from a professional. You may be planning to sell your dream home being unaware of the tax implications, while in reality SARS expects a share of that sale provided the sale meets certain rules of course.
2. Estate Planning - Did you know that when you pass on, or when your spouse passes on, they have to pay estate duty? Let's call it death tax. As you are planning your will, it is very important that you get an accountant on board to advice you on the allocation of your estate upon death.
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