Tax & Estate Planning
Optimise Your Tax Strategy for a Brighter Tomorrow
Whether you are a lone wolf or a thriving small to medium-sized business, Omne is dedicated to turning your hard-earned cash into a financial legacy for you and your loved ones. Our expert team specialises in everything from local and offshore tax strategies to crafting a meticulous plan for your estate.
Our services encompass up-to-date local and offshore tax and estate planning, structuring, and expert tax opinions. Whether you’re an individual or a business owner, our goal is to help you achieve the most tax-efficient outcomes for your painstakingly earned funds.
Reduce Taxes, Secure Your Legacy
We understand that preserving your wealth and ensuring a seamless transfer of assets to the next generation are top priorities. That’s why our estate planning and fiduciary services are designed to do just that – minimise tax burdens and maximise the value of your estate.Our team of experts is here to guide you through the complexities of estate planning, making sure your assets are protected, and your loved ones are well taken care of. We specialise in creating tax-efficient strategies for the smooth transition of assets between generations, allowing you to leave a lasting legacy.
In addition to estate planning, we offer exchange control solutions and expert emigration advisory services to cater to your unique financial needs and goals. With Omne by your side, you can be confident in securing your wealth and minimising tax payments while maximising estate value. Your financial future is in capable hands.
Our team of experts is here to guide you through the complexities of estate planning, making sure your assets are protected, and your loved ones are well taken care of. In addition to estate planning, we offer exchange control solutions and expert emigration advisory services to cater to your unique financial needs and goals.
Tax Services Made Simple
No one wants to lose sleep over taxes. That’s where we step in to demystify this obligation for you. At Omne, we’re dedicated to ensuring that your income tax returns are not just submitted but optimised, so you never pay a cent more than necessary. Imagine having a tax consultant who meticulously considers all taxes and incentives tailored to your business, your individual needs, or your trust. That’s the peace of mind we offer.
Tax Compliance is our specialty, and we’re here to handle all your tax requirements across various tax types. From income tax and capital gains tax (CGT) to estate duty, donations tax, withholding tax, and more, we’ve got you covered. Our extensive experience spans across diverse industries and business structures, including small to medium companies, trusts, non-profits, sole proprietors, and more, whether they’re resident or non-resident entities.
Our end-to-end services encompass registrations, exemption registrations, SARS e-filing setup, clearing backlogs, securing tax clearances, managing disputes, minimising penalties and interest, and representing you in meetings with SARS when needed. When it comes to tax compliance, consider it done. With Omne, you can rest easy, knowing that your tax matters are in capable hands. Sleep soundly, and let us handle the rest.
Smart Tax Planning for Small Businesses
Hindsight might be 20/20, but at Omne, we believe in clear foresight. While many associate tax planning with big corporations, the truth is, it’s equally crucial for small businesses. That’s where our seasoned tax professionals step in to guide you through the process. With a comprehensive understanding of your tax risks, small businesses gain a unique advantage.
Our tax planning services empower you to:
- Understand the tax implications of day-to-day transactions
- Be as tax efficient as possible
- Avoid any nasty surprises
- Manage cash flow to cater for the taxes payable and thereby avoiding penalties, interest, and other negative consequences of not having a tax clearance
- Maintain a healthy relationship with our Revenue Services.
Let us help you navigate the complex world of taxes and position your small business for financial success. With Omne, tax planning isn’t just a service—it’s a strategy for your prosperity.
Expert Tax Consulting for Informed Decisions
Taxes touch every facet of our financial lives, both personally and in business. At Omne, our seasoned and qualified tax team is here to offer you tax consulting services and expert tax opinions. With our guidance, you can make informed decisions, fully aware of all potential tax risks and unexpected consequences.
At Omne, we possess the experience and knowledge needed to provide tax consulting services and deliver written tax advice. This advice covers the tax treatment and ramifications of specific transactions, as well as the tax positions that SARS (South African Revenue Service) may adopt during assessments. Our tax opinions serve as valuable guides, offering insights into how SARS and the courts are likely to interpret particular transactions or structures.
When it comes to taxes, trust the experts at Omne to help you navigate complex financial terrain and make decisions that align with your goals and ambitions.
Comprehensive Estate Planning for a Secure Legacy
We provide a comprehensive approach to estate planning, estate structuring services, and the creation of wills that go beyond a mere transfer of assets between generations. Our aim is to ensure that this transfer maximises the value of your estate in a streamlined and efficient manner.
Our estate planning services encompass:
- Consultation and estate planning
- The setup of trusts and related fiduciary services
- The drafting of last will and testaments
One crucial aspect of estate planning is ensuring sufficient cash liquidity upon one’s passing. Without proper planning, family assets may need to be sold to cover death taxes, leading to complex decisions for heirs. Our estate planning services protect your loved ones from such complications, facilitating a seamless transfer of assets, particularly when dealing with significant, indivisible assets.
Estate planning is an ongoing process that should be reviewed regularly and adjusted to reflect changes in your circumstances. Choose Omne, your trusted advisors in estate planning in South Africa, to secure your legacy and protect your loved ones.
Experienced Executorship for Peace of Mind
The thought of a stranger taking control of your assets after your passing can be unsettling. That’s why it’s crucial to appoint an executor who not only understands your financial affairs but is also familiar with your family dynamics and personal wishes.
At Omne, we offer expert executorship and deceased estate services to ensure your assets are handled according to your wishes.
Our approach includes:
Personal Understanding: We believe that the executor of your estate should be someone who is well-versed in your financial affairs and has had a professional relationship with you prior to your passing. This familiarity ensures a smoother transition and the fulfilment of your intentions.
Trusted Advisors: As trusted accountants and tax advisors, we are uniquely positioned to assist with the winding up of your deceased estate. Having been involved in your estate planning and familiar with your financial and tax matters, we can navigate the complexities of estate administration efficiently.
Our goal is to provide you and your loved ones with peace of mind, knowing that your estate will be handled by professionals who understand your unique circumstances. When it comes to executorship and deceased estates, trust the experts at Omne to guide you through the process with care and expertise.
Simplify Your Exchange Control Matters with Omne
Exchange Control regulations can be complex and ever-changing, especially in the dynamic landscape of international finance. At Omne, we’re here to simplify this process for you and ensure that you remain compliant with the latest regulations while making the most of your financial opportunities.
Here’s how our Exchange Control solutions can benefit you:
Expert Guidance: Our team is well-versed in Exchange Control regulations, and we stay up-to-date with the latest changes. We can communicate with the Finserv on your behalf through your Authorised Bank Dealer, ensuring that you remain compliant.
Regularisation Support: We can assist you in regularising undeclared offshore financial assets, foreign shareholders, and other foreign loans, and advise you on statutory requirements for non-resident shareholders. We’re here to help you understand and navigate the complexities of Exchange Control.
Tax Clearances: Omne can apply for all the necessary tax clearances from SARS, ensuring that you have the required approvals for offshore fund movements, whether you’re a South African resident or emigrant.
Our goal is to make Exchange Control a seamless process for you, whether you’re looking to invest abroad, repatriate funds, or navigate any other financial matter related to foreign currency resources. With Omne by your side, you can have confidence in your financial transactions while ensuring full compliance with the law.
Navigate SARS Emigrations with Ease with Omne
Emigrating from South Africa or securing non-residency status can be a complex process, especially with recent changes in regulations. As of 1 March 2021, the South African Revenue Services (SARS) now controls the clearances for moving your money out of the country on emigration, replacing the Reserve Bank in this role. At Omne, we’re here to help you smoothly navigate this process.
Here’s how our SARS Emigration services can assist you:
- Those people who were born in South Africa but left many years ago and need to secure their “emigration” or non-residency status; and
- Those people whose emigration is imminent.
Emigrating from South Africa should be a hassle-free process, and with Omne as your trusted partner, you can navigate the intricacies of SARS Emigrations with confidence. We ensure that you meet all regulatory requirements while simplifying the administrative aspects of your emigration journey.
Seamless Foreign Investment with Omne
In the face of economic uncertainty, many South African tax residents seek to diversify their assets by holding funds in offshore currencies. Legislation allows individuals over 18 years of age to send up to R11 million offshore annually, with R1 million falling within the discretionary allowance. However, for the remaining R10 million, an Approval of International Tax Clearances (AIT) from SARS is necessary for the offshore transfer to take place through commercial banks.
Omne specialises in obtaining the AIT on your behalf, ensuring a smooth and hassle-free process. Our expertise enables you to navigate regulations confidently, securing the required clearances without stress.
If you require permission to send more than R11 million offshore, involving special approval from the Finserv, Omne is well-equipped to assist with these applications.
Choose Omne as your trusted partner in facilitating your foreign investments, ensuring regulatory compliance while providing peace of mind as you explore international financial opportunities.
Make it Possible
Engage with us to professionally take care of your accounting, tax and administrative requirements. Partner with us to bring your business to life and make it the best it can be.