Overview

Tax avoidance vs. tax evasion, advance tax rulings, and substance over form legislation were some of the topics our expert presenter, Johan Heydenrych, covered in the 2-hour webinar on “Strategies for Effective Tax Planning and Administration.”

During the presentation, Johan discussed the academic principles of legal and ethical tax planning and provided practical examples from an Income Tax, VAT, and PAYE perspective. New developments in technology were also unpacked, as well as advance tax rulings, to assist in making the process of tax planning a smooth and seamless operation.

Webinar Content

The content of the webinar was as follows:

• What is ethical and responsible tax planning?

  • Reduction of risk.

  • Making use of opportunities.

  • Increasing tax certainty.

• Tax opinions and levels of assurance provided.

• The role of Tax Risk Management in tax planning.

• Tax avoidance vs. tax evasion.

• Advance Tax Rulings.

• Substance over form legislation.

• Illusionary transactions.

• Reportable arrangements.

• Practical examples:

  • Income tax, e.g.,

    • Corporate reorganisations, mergers, acquisitions, deregistration, liquidation.

    • Accrual of revenue.

    • Fixed assets.

    • Incurral of expenses.

    • Anti-avoidance legislation vs. substance over form.

  • Value-added tax, e.g.,

    • Apportionment of VAT.

    • Principal vs. Agent.

  • Employment tax, e.g.,

    • Cost to Company.

  • International tax, e.g.,

    • Foreign investor and CTC.

    • CFC legislation.

    • Effective management.

    • Transfer pricing.

  • Technology and tax planning.

Competencies Development

• Understand the basic principles of tax planning.
• Think laterally to find solutions for tax problems faced by their clients and employers.
• Understand the framework of ethical and responsible tax planning to uphold a sustainable tax system without abuse from either the Tax Administrators or the Taxpayers.

Presenter

Johan Heydenrych CA(SA)

Johan has specialised in taxation since 1991. He was a tax partner in KPMG from 1997 to 2020 and is currently a partner in the Kreston SA network specialising in taxation. He provides a wide range of tax services to various clients across industries. These include, but are not limited to, the following:

• Advice on tax risk management and tax governance.
• Tax compliance services including but not limited to ITR14 and IT14SD.
• Dealing with tax disputes including representing clients at alternative dispute resolution (ADR) hearings.
• Submission of documentation and revised returns under the voluntary disclosure programme.
• Issuing of tax technical opinions on income tax, value-added tax (VAT) and PAYE. This includes preparing briefs to senior counsel and submissions of requests for binding opinions from SARS.
• Audit support services including normal tax and deferred tax disclosure and disclosure of uncertain tax positions.
• Assistance with implementation of tax reporting for new accounting standards such as IFRIC 23, IFRS 9, IFRS 15 and IFRS 16.
• Facilitation of tax diagnostic sessions with existing and prospective clients.
• Advice on mergers, acquisitions, and reorganizations.
• Tax due diligences
• Advice on tax implications of recapitalization transactions, debt restructures, liquidations, and de-registrations.

Johan has been a regular presenter for The Tax Faculty over the past five years. In 2020, he presented webinars on tax risk management, Covid-19 relief, ITR14 preparation, dispute resolution, value-added tax and tax and business rescue. He also prepared several practical case studies for the Professional Certificate in Tax Opinion and Dispute Writing course presented by the Tax Faculty.

Education and qualifications

• BCom (Accounting), Cum Laude.
• BCom (Accounting Hons), Cum Laude (Award: Best student in Audit 700).
• Certificate in the Theory of Accounting.
• MCom (Taxation), Cum Laude, (Award: Best MCom [Tax] student).
• Chartered Accountant (specialising in taxation).
• Member of SAICA.
• Registered tax practitioner.

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 & 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.