State debt has become unsustainable, and the fiscal accounts are in deep trouble. How will the minister of finance square this circle? What about Eskom’s debt, a basic income grant and which taxes are increased to pay for all of this. Join economist Dawie Roodt and #tax expert Prof Jackie Arendse for their analysis of the annual budget.
The Tax Faculty is pleased to host the Post-Budget Speech: Economic and Tax Analysis webinar on 24 February 2023 with tax expert Prof Jackie Arendse and economist Dawie Roodt.
The Annual Budget Speech is always a red-flag day in the financial world as the speech contains important announcements on legislative tax changes and any planned tax policy changes. In 2023, we are awaiting further indications of any possible changes regarding wealth taxes, fuel taxes, the carbon tax and the new ‘two-pot’ retirement system, amongst other fiscal measures. In the face of ongoing economic challenges, the key questions include:
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.
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The following venues and dates are available for this event.