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.
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.
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:
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
Attending this webinar and the successful completion of the online assessment will secure a certificate of completion for 2 hours of Tax CPD.
Free for Tax Technician, Tax Practitioner, Tax Accountant CPD subscribers and Practice Packages. Not a CPD subscriber yet? Click here to register now.