- A highly skilled Tax Technician specializing in deceased estates and individual taxation, holding a BTech in Taxation (Cum Laude).
- Passionate about mentoring young tax professionals, with aspirations to enter the academic field.
- Committed to simplifying complex tax laws for individuals and families, ensuring informed decision-making in estate planning.
Taxation is one of the most misunderstood and intimidating aspects of financial planning, especially when it comes to deceased estates. Many people assume that tax obligations end when a person passes away, but the reality is far more complex. Zintle Pobana, a Tax Technician (TT(SA)), has made it her mission to bridge this knowledge gap, guiding individuals and families through the intricate world of tax compliance, estate planning, and wealth preservation.
From Reluctant Accountant to Tax Specialist
Zintle’s introduction to accounting was a matter of circumstance rather than choice. Growing up in Fort Beaufort in the Eastern Cape, she attended Winterberg Agricultural High School, where students had to choose between Agriculture and Accounting. She ended up in the Accounting stream but found little joy in the subject.
“I disliked Accounting in high school and vowed never to pursue a career in it. My dream was to become a lawyer. Unfortunately, due to funding, I couldn’t follow that path, and yet again, Accounting was my knight in shining armour.”
Despite her initial reluctance, she excelled in the subject at university, particularly drawn to taxation for its complexity and legal elements. Studying at Cape Peninsula University of Technology, she was mentored by exceptional lecturers and later by her directors and managers at DCA Group. Their guidance shaped her into the tax specialist she is today.
The journey to earning her TT(SA) designation was rigorous. She obtained multiple qualifications, including a National Higher Certificate (NHC) in Accountancy, a National Diploma in Accounting, and a BTech in Taxation, graduating with distinction. After completing her articles as a trainee accountant and passing the SARS readiness program, she officially registered as a Tax Practitioner in 2023.
“The TT(SA) designation has set me apart in my workspace and has also offered me advancement in my career,” she explains. It solidified her expertise and positioned her as a sought-after tax professional in the industry.
The Complexities of Deceased Estate Tax
One of the most challenging yet rewarding aspects of Zintle’s career is handling deceased estate tax. From managing estates for high-profile individuals to helping families navigate inheritance disputes, she has seen firsthand how complex and emotional this process can be.
“Tax is complex, so simplifying these complexities and assisting families in understanding is one of the most rewarding things. The best feeling is when the deceased estate compliance letter is issued by SARS, confirming that the estate is compliant and distribution can proceed.”
Many people believe that tax obligations end upon death, but this is far from the truth. The deceased’s estate must be reported to SARS, and all outstanding debts and taxes must be settled before beneficiaries receive their inheritance.
Breaking Down the Deceased Estate Process
1. The Will and Probate Process
- If a person has a will, it dictates how their assets are distributed. If not, the law determines inheritance.
- The court appoints an executor to manage the estate, ensuring debts and taxes are paid before distributing assets.
2. Paying Debts and Taxes
- Outstanding debts such as loans or credit cards must be cleared.
- Estate Duty and Capital Gains Tax (CGT) may apply depending on the estate’s value.
3. Distributing the Assets
- Once all financial obligations are met, assets are transferred to beneficiaries.
4. Final Steps
- The executor formally closes the estate once everything is settled.
How to Structure Your Estate for Tax Efficiency
To ensure a seamless transition of wealth, Zintle recommends:
- Creating a Comprehensive Estate Plan: Establishing wills and trusts to avoid probate delays.
- Utilizing the Donations Tax Exemption: Donating up to R100,000 per year tax-free to reduce estate tax burdens.
- Leveraging Life Insurance: Using irrevocable life insurance trusts to minimize tax liabilities.
- Consulting Professionals: Engaging tax and legal advisors to tailor estate planning strategies.
Keeping Up with Tax Law Changes
Tax laws are constantly evolving, and staying informed is crucial. Zintle emphasizes continuous learning through webinars, seminars, and professional networking.
“As a young professional, be ready to study all the time as tax evolves rapidly. Engage with like-minded professionals because no man is an island.”
Recent updates include SARS’s introduction of online resources to streamline deceased estate tax registration and compliance processes.
The Future of Taxation: AI vs. Human Expertise
With artificial intelligence (AI) automating many aspects of tax compliance, some fear that human tax professionals may become obsolete. However, Zintle believes that AI will never replace the human element in taxation.
“AI is transforming tax compliance and planning, but human expertise remains essential for nuanced judgment, strategy, and emotional intelligence.”
While AI can enhance efficiency, tax professionals will always be needed for advisory services, estate planning, and dispute resolution.
Mentorship & The Next Generation of Tax Specialists
Beyond her career, Zintle has a strong desire to give back through mentorship and education. “I plan to branch into lecturing to share both academic and corporate experiences with aspiring tax professionals,” she shares.
Her advice for those entering the field?
- Network and Build Relationships: Engage with professionals, mentors, and clients to expand your knowledge.
- Find a Niche: Specializing in areas like estate tax, international tax, or cryptocurrency taxation can set you apart.
- Develop Strong Communication Skills: Being able to explain complex tax issues simply is invaluable.
- Gain Practical Experience: Internships and real-world exposure are key to mastering taxation.
- Build a Personal Brand: Sharing knowledge through writing and public speaking can boost credibility.
Tax Planning is for Everyone
Whether you’re planning your own estate or navigating the tax obligations of a loved one’s, having a specialist on your side makes all the difference. “Estate planning isn’t just for the wealthy—it’s about ensuring your loved ones aren’t burdened with unnecessary tax complications,” Zintle concludes.
For those looking to safeguard their assets and plan efficiently, consulting with a tax professional like Zintle is a wise move.
About the Expert
Full Name:
Zintle Pobana
Occupation:
Tax Technician (Specializing in Deceased Estates and Individual Tax)
Qualifications:
BTech in Taxation (Cum Laude) – Cape Peninsula University of Technology
Fun Fact:
She describes herself as an “adventurous introvert.”
For expert tax advice, estate planning, or mentorship, Zintle Pobana is a name you can trust.
