Estate duty

Red denotes recent changes.

• All property at date of death.
• Non-resident - property in South Africa.

Deductions

• Liabilities at date of death (including CGT due on death).
• Bequests to charitable, educational and religious institutions within South Africa.
• Property accruing (including bequests) to a surviving spouse.

Abatement

• Estate duty abatement R3,5 million.

Rate - 20%

Community of property marriages
Only half of the joint estate is brought to account.