Application for estate compliance letters
15 October 2014
Posted by: Author: SAIT Technical
Q: How do I apply for a TCC for a deceased
A: If you require a tax clearance
certificate for the Income tax part of the Estate you need to apply for the
clearance certificate at your nearest SARS branch office or on the SARS
you ask about the Estate duty clearance letter the executor need to calculate
the Estate Duty when he prepares the liquidation and distribution account. The
executor must complete the Estate Duty return (REV 267) and send it to the Master of the
High Court’s office where the estate is registered. A copy of the liquidation
and distribution account must be sent with the REV 267. The Master will then assess the
Estate Duty payable.
Master office will issue you with a REV250 assessment. As soon as you
receive the assessment please forward the assessment to the Estate duty inbox.
The Estate duty department will then be able to inform you if there is any
Estate duty/interest payable.
the Estate duty is up to date the Estate duty department will issue you with a
clearance letter, which can then be submitted at the Master office.
Disclaimer: Nothing in this query and answer should be construed as
constituting tax advice or a tax opinion. An expert should be consulted for
advice based on the facts and circumstances of each transaction/case. Even
though great care has been taken to ensure the accuracy of the answer, SAIT do
not accept any responsibility for consequences of decisions taken based on this
query and answer. It remains your own responsibility to consult the relevant
primary resources when taking a decision.