Overview

In September, we kept everyone informed about the latest developments in the South African tax landscape with our monthly SARS and Tax Update. Prof. Jackie focused on the following:

1. Tax Judgment

• Christoffel Wiese and Others v CSARS ZASCA 111 (12 July 2024) – This case addressed the collection of tax debt from third parties.

• TALT v CSARS ZAGPJHC 827 (27 August 2024) – This case focused on the grounds of objection.

2. SARS Documents

• Updated Interpretation Note 15 (Issue 6) – Provided guidance on the exercise of discretion to extend the period for lodging an objection or appeal.

• BGR 73 – Clarified the meaning of taxable income for the purposes of setting off an assessed loss by a company.

• SARS directive enhancements were made to the two-pot retirement system.

• The 2024 filing season updates were also released.

Competencies developed in this webinar

After attending this webinar, you were:

• Updated with important and current changes in tax legislation and SARS practice.
• Competent in applying the key aspects of new SARS documents published (i.e., binding rulings, interpretation notes, SARS guides/notices, etc.).
• Competent in advising 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 your clients about recent developments impacting their tax compliance and planning opportunities.
• Competent in revising 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 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 Technician, 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.