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About Us

iProtect Trust Accounting specialize in Trust Administration and Accounting. We have a committed and educated team that will assist you in optimizing you asset protecting structures as much as possible.

Annual Financial Statements , for each year ended 28 February, are required for tax purposes by SARS. Trusts are liable to submit two provisional returns and an annual return every year.

At iProtect Trust Accounting we use a Trust Specific Accounting Program developed for Trust Administration and Trust Accounting.

iProtect Trust Accounting Clients will receive a user-name and password to gain access to our Accounting System where they can view and upload trust documents and be actively involved with their trust ad-ministration with the needed assistance and guidance.
  Client Functions on our Web-based Accounting System:
  1. Add/Edit Personal Information
  2. Add/Edit Trust Information
  3. Add/Edit Broker Information
  4. Upload and Save Trust Documents
  5. Upload Documents Required for Annual Financial Statements
  6. Download Annual Financial Statements and Trust Documents
  7. Incident Log (Direct Communication with Accounting Staff with a History on each Incident logged)


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Our Services:
  1. Asset List : Deed of Donation and Letter of Sale (Donation Declaration: SARS)
  2. Income Tax Registration of the Trust at SARS
  3. Auditors Report
  4. Letter of Solvency
  5. Proof of Income Tax Registration
  6. Submission of Provisional Tax and Annual Tax Returns on Efiling
  7. Annual Financial Statements
  8. Advise on Distributions and Flow of Funds
  9. Tax Advise and Planning for the Trust
  10. Trust Advise, Meetings, Phone Calls and Email

 

Our Fee Structure:
* Fees are VAT inclusive

Trust Type:   Annual Fee:   Monthly Debit Order x 12:   Bookkeeping Fee p.a.
- Family Trust   R   3 500.00   R   291.70   R   750.00
- Property Trust   R   3 500.00   R   291.70   R   750.00
- Business Asset Trust   R   3 500.00   R   291.70   R   750.00
- Commercial Prop Trust   R   1 500.00   R   291.70   R   750.00
- Share Trust   R   1 500.00   R   125.00   R   750.00
 
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