Monthly SARS and Tax Update
Overview
Are you managing to keep abreast of all the latest tax changes and SARS notices? It’s crucial for tax professionals to be informed about current developments. Our monthly SARS and Tax Update keeps you abreast of the latest developments in South African tax, focusing on the main issues that affect your business and your clients.
Webinar Content
In the October Update we will discuss the following:
Recent tax judgments:
- IT 45628 - Taxation of restraint of trade payment and understatement penalty.
- CSARS v Wiese and Others (9 September 2022) (WCHC) - GAAR provisions in Income Tax Act ss 80A - 80L; and Tax Administration Act s 183 (personal liability of persons assisting in dissipation of assets) and s 169 (whether there was a ’tax debt’).
SARS documents
- Notice on auto-registration for personal income tax.
- New draft guide on the taxation of farming operations (comments due by 25 November 2022).
- Updated Interpretation Note no. 22 (Issue 5) - Transfer Duty.
- New Interpretation Notes:
- 123 Effect on the Date of Issue of a Share Arising from a Change in the Redemption Features.
- 124 Public Benefit Organisation: Provision of Residential Care for Retired Persons.
- Tax exempt institutions Connect Issue 1.
- Interest rates increase again.
- And any other relevant matters that may arise.
The monthly tax update webinar unpacks the most current developments at SARS and tax practice, taking a practical approach to empower you understand how these changes and developments may affect you and your clients and keeping you on the cutting edge of tax practice in South Africa. The content presented in the webinar includes opportunities for you to expand and grow your practice.
Competencies developed in this webinar
After attending this webinar you will be:
- Updated with important and current changes in tax legislation and SARS practice
- Competent to apply the key aspects of new SARS documents published (i.e. binding rulings, interpretation notes, SARS guides/notices, etc.)
- Competent to advise clients about the impact of the latest tax amendments on their tax compliance and planning opportunities.
- Able to train your staff to prepare SARS compliant tax returns considering the latest amendments and SARS practice.
- Informed about topics to include in a client communique to alert you clients about recent developments impacting their tax compliance and planning opportunities.
- Competent to revise the tax planning strategy of clients.
Presenter
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 Masters 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 has been Head of the Department of Accounting at Rhodes University from 2014 until 2020. She now works as an independent consultant, trainer and tax specialist and is a sought-after presenter of tax seminars and webinars.
Jackie has presented tax training to tax practitioners, entrepreneurs and businesses 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
This event and successful completion of the online assessment will secure 2 hours verifiable output Tax CPD points.
Event Investment
CPD Subscribers: 100% discount for all 2021 CPD subscribers. Not a CPD subscriber yet? Click here to register now.
Regular price: R495.00
SAIT member: R395.00
Group price 1 (max 5 people): R950.00
Group price 2 (max 10 people): R1 800.00
Group price 3 (max 15 people): R2 500.00
Payments and 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 be received 2 days after the event, legal action will be taken
- Proof of payment will be requested at registration, if payment does not reflect on Taxfaculty`s bank account.
- Only written notice of cancellation will be recognized.
- 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.
- Taxfaculty`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.
