Tax Structuring

Confiance Accountants and Tax Consultants (Pty) Ltd acts predominantly as an Accounting office that implements and maintains the tax planning done by Elize Bokelman while the tax planning is done through Confiance Multi Family Office (Pty) Ltd.

Elize Bokelman is a Master Tax Practitioner, registered with the South African Institute for Tax Professionals (SAIT) and a Certified Financial Planner who specialises in tax planning and estate planning. Elize is therefore fully equipped to assist clients with their tax structuring needs. Efficient tax structuring has the potential to reduce the amount of tax clients are obligated to pay to the South African Revenue Service (SARS). With tax efficient financial planning clients also experience wealth growth.

Tax structuring is essential in the financial planning process. The advice helps optimise the business structures the clients need and advice is given on how the tax structure will affect the current financial structure with regards to: managing cash flow risks through sound risk management techniques; planning, creating and managing capital accumulation to generate future capital and cash flows for reinvestment and spending; planning to ensure financial independence at retirement or disability or death; and maintaining and enhancing personal cash flows through debt and lifestyle management. All of these aspects are addressed by following and implementing the steps of the financial planning process, which involves:

• Step 1: Establishing and defining the client and personal financial planner relationship
• Step 2: Gathering client data and determining goals and expectations
• Step 3: Analysing and evaluating the client’s financial status
• Step 4: Developing and presenting the financial plan
• Step 5: Implementing the financial planning recommendations
• Step 6: Monitoring the financial plan and the financial planning relationship.