Overview

During this webinar, tax professionals explored several key SARS-related issues. The session covered turnover tax for employed individuals, registration requirements for non-resident individuals, and the interplay between Section 6C and Section 12BA claims. It also addressed the tax treatment of crypto assets, the definition of a motor vehicle for VAT purposes, and foreign trusts and distributions to South African residents. Other topics included the prescription and rolling forward of assessed losses and the tax implications of suspensive sale agreements. Attendees gained practical insights into managing these tax matters.

Webinar Content

• Covered turnover tax for employed individuals.
• Discussed registration requirements for non-resident individuals.
• Explored whether Section 6C and Section 12BA claims can both be made.
• Addressed crypto assets and tax implications.
• Examined the definition of a motor vehicle and VAT treatment.
• Discussed foreign trusts and distributions to South African beneficiaries.
• Reviewed the prescription and rolling forward of assessed losses.
• Explored suspensive sale agreements and their tax implications.

Competencies Developed

• Gained knowledge of solutions for taxpayer issues.
• Improved competence in resolving practice issues.
• Gained ability to guide staff in supporting clients.
• Became informed about available resources and guides on SARS-related concerns.

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, where she remained until 2006. She has been a member of SAICA since then.

In 2008, she started her academic career at UKZN, where she performed a number of functions, taking on the role of Academic Leader for Taxation. On leaving academia in 2013, Carmen has been providing training and consulting services to the profession. She has presented on behalf of various professional bodies, such as SAICA, FASSET, CSSA as well as providing in-house training to numerous accounting firms. The topics covered include all aspects of income tax, VAT, estate duty as well as the health levy (sugar tax). In addition, she regularly consults on tax matters as well as assisting with SARS disputes.

She is also the Chair of the SAICA Eastern Region Tax Committee, a member of the SAICA National Tax Operations Committee and is an Accounting Member of the Tax Court.

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 & 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 Tax Faculty's bank account.
• Cancellations:
  • Only written notice of cancellation will be recognized.
  • 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.
• 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.