Overview

“Tax revenues are expected to increase to R2.1 trillion, or 25.1% of GDP, by 2026/27. Revenue collection, however, is projected to fall short of 2023 Budget estimates by R121.4 billion between 2024/25 and 2025/26, with tax buoyancies generally lower over the medium term”. This was according to Finance Minister Enoch Godongwana’s medium-term budget policy statement presented last November.

What did this mean for you and your clients? Would ordinary taxpayers be footing the bill for this deficit and if so, how did the Ministry plan on doing this?

Join economic and tax experts, Dawie Roodt and Prof Jackie Arendse for a of in-depth analysis of the announcements and developments presented by the Finance Minister. This webinar is crucial to any tax and accounting professional looking to gain a deeper understanding of the changes in practical terms.

Webinar Content

• Economic overview and analysis
• Tax policy aspects of the Budget
• Practical insights into the application of announcements
• Main tax amendments announced in the Budget Speech
• What can be expected in the South African tax space in the future.

Competencies Developed in this Webinar

After watching this webinar, you will be:

• Informed on the economic context in South Africa and possible future trends.
• Updated with important and current changes in tax legislation introduced in the Budget Speech.
• Equipped to advise clients about the impact of the latest tax amendments announced in the
• Budget Speech on their finances, tax compliance and future planning opportunities.
• Prepared to train your staff on implementing the latest tax amendments announced in the Budget Speech.
• Informed about topics to include in summarised client communications regarding the specific tax amendments introduced in the Budget Speech.
• Competent to revise the tax planning strategy of clients for the 2024/2025 tax year.

Presenters

Dawie Roodt

Chief Economist MEcon (cum laude)

Dawie is an economist who specialises in fiscal and monetary policy. He brings invaluable exposure to the Group through his active presence in both the local and foreign media. He has been a member of the Tax Advisory Committee of the Afrikaanse Handelsinstituut and has represented Business SA at Nedlac. Dawie is an ambassador for Child Welfare (Bloemfontein), Childline (Free State) and the Adopt Moreletaspruit Forum. He was also the recipient of the 2016 Sake24 Economist of the Year Award.

Professor Jackie Arendse 

B Acc (Wits) M Acc (Tax) (UKZN) Chartered Accountant (SA) PhD (Accounting) (Rhodes)

After completing her training at Deloitte and qualifying as a Chartered Accountant, Jackie was Group Financial Accountant for a top-100 listed company before moving to academia where she developed her skills as an academic – authoring, lecturing, and researching on a wide range of tax areas – and also completing her master’s and PhD qualifications.

She served as Project Director: Tax at the South African Institute of Chartered Accountants (SAICA) between 2004 and 2006, managing relationships with key stakeholders (especially SARS and National Treasury), enhancing SAICA members’ tax competence and representing SAICA in discussions with government on tax policy and legislation.

Jackie was Head of the School of Accountancy at Wits University from 2009 until 2013 and was Head of the Department of Accounting at Rhodes University from 2014 until 2020. Since 2021, she has been Head of Taxation at Academic One, which is developing a fully online CTA/Accounting Honours programme, and she continues as a sought-after presenter of tax seminars and webinars.

Jackie has presented tax training to tax practitioners, accountants, small businesses, and large corporates around the country for many years and has authored numerous books, articles, and publications in the field of taxation including Silke on South African Income Tax. She is the managing author of Silke on Tax Administration, published by LexisNexis and updated annually.

CPD

Attending this webinar and the successful completion of the online assessment will secure a certificate of completion for 2 hours of Tax CPD.

Event Investment

Free for Tax Technicians, Tax Practitioner, Tax Accountant CPD subscribers and Practice Packages. Not a CPD subscriber yet? Click here to register now.

• Regular price:  R460.00
• Special rate for SAIT members:  R368.00
• Group booking discounts available when you register for a group.

Payments and cancellations

• All payments must be made by EFT or by credit card, at least three working days before commencement of an event.
• Kindly note that should payment not be received two days after the event, legal action will be taken.
• Proof of payment will be requested at registration if payment does not reflect in The Tax Faculty’s bank account.
• Only written notice of cancellation will be recognized.
• Conditions:
  • If the cancellation occurs more than four working days prior to the event no cancellation fee will be charged.
  • If the cancellation occurs less than four 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.
• The Tax Faculty’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.