Overview

The South African Revenue Service (SARS) has introduced a new reporting requirement for Public Benefit Organisations (PBOs) in the form of the IT3(d) return. This requirement aims to enhance transparency and improve the regulation of PBOs in South Africa. 

The first reporting period in May 2024 relates to Section 18A receipts data for the period 1 March 2023 to 28 February 2024. Failure to comply with this new requirement can result in penalties and even the loss of PBO status. This webinar is essential for all PBOs and tax practitioners who want to ensure they are fully prepared for the successful submission of the IT3(d) return.

Presenters

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.

Mandy Graaf

FCIS FCIBM

Mandy completed her Chartered Secretary South African qualification whilst working for Deloitte from 1997 to 2001. In 2001 she joined a local firm of Chartered Accountants and Auditors in Pietermaritzburg. She was promoted to financial manager and headed up the accounting practice covering trusts, close corporations, small companies, partnerships, farmers and individuals. Wanting to pursue a career in tax, she left this firm in February 2014 and joined Ash, Hellberg & van Rooyen Chartered Accountants.

 During her position as Tax Manager and heading up the entire tax practice, she completed her HDip Tax and ADip Tax (Advanced Diploma in Tax Procedural Law) through Thomas Jefferson School of Law and passed both with distinction. She started running her own tax practice in September 2016 specialising in dispute resolution, trusts and SARS compliance.

CPD

Attending this webinar and the successful completion of the online assessment will secure a certificate of completion for 1 hour of Tax CPD.

Event Investment

Free complimentary access.