Provisional Tax: Online Webinar

Provisional Taxes can be a great source of stress for tax practices, particularly in this time of COVID-19 uncertainty. The aim of this course is to provide a refresher on how provisional taxes should be calculated as well as what the consequences are if this is not done right. Empower yourself and your clients to make informed decisions on provisional taxes!
Join Carmen Westermeyer in this session that will provide an overview and refresher of the working of the provisional tax system.  The following key questions will be addressed:

• What information is required for the provisional tax calculation?
• What has changed in the COVID-19 era and what special concessions have been made?
• How should the first, second and third provisional tax calculations be done?
• What are the consequences if these calculations are not done correctly?
• What administrative obligations exist and how can a taxpayer ensure compliance?

Delegates will have an understanding of and exposure to the following:

• Administration around provisional tax: First, second and third provisional tax payments
• Assessments for individual taxpayers in 2020: First, second and third provisional tax payments
• Assessments for companies in 2020: First, second and third provisional tax payments
• Penalties and interest consequences in the case of non-compliance
• Tips and tricks of the trade.

Presenter

Carmen Westermeyer - BCom(Honours Accounting) [UND] CA(SA)

 
Carmen Westermeyer graduated in 2001 from the University of Natal, Durban (now UKZN), with a BCom Honours degree in Accounting and completed her articles with PwC in 2004. She has been a member of SAICA since then.

Carmen stayed with PwC for a year as Assistant Manager, venturing into the world of commerce in 2006. In 2008, she was appointed as a lecturer at UKZN and coordinated the Taxation 300 course until December 2010. From 1 January 2010, Carmen took over the role of Academic Leader for the Taxation Department, as well as the coordination of the Postgraduate Taxation Programme. During her time as Academic Leader she had numerous opportunities to liase with SAICA on issues relating to the ITC, as well as being a member of the Tax Committee.

In December 2012 she started running ad hoc training courses for members of the profession. From December 2013, she moved into commercial training and consulting on a full-time basis. She has been involved in various training activities, such as the SAICA SMP training in 2014 and the FASSET Budget and Tax Update in 2015 and 2016.

CPD

This event and successful completion of the online assessment will secure 2 hours verifiable output Tax CPD points.

Event Pricing:

100% discount for General Tax Practitioner and Tax & Accounting CPD subscribers.
Not a CPD subscriber yet? Click here to register now.

Other member: R475.00

Company Price: R950.00

Payments & Cancellations

• All payments must be made by EFT or by credit card, at least 3 working days before commencement of an event.

• Kindly note that should payment not been received 2 days after the event, legal action will be taken

• Proof of payment will be requested at registration, if payment at that point in time has not been reflected on SAIT's bank account.

• Only written notice of cancellation will be recognised.

• Cancellation Conditions:

  • If the cancellation occurs more than 4 working days prior to the event no cancellation fee will be charged.

  • If the cancellation occurs less than 4 working days prior to the event a 100% cancellation fee will apply.

• Delegates who book and fail to attend will be liable for the full event fee.

• SAIT's liability in the case of an event being cancelled will be limited to a refund or credit of the event fee.

• Please click here for the full terms and conditions.