Overview

Join us for a practical and informative webinar that unpacks the recent retirement reforms, with a special focus on the implementation of the new 'two-pot' retirement system. This session will provide a clear understanding of how the system operates in practice and what it means for individuals planning for retirement. We’ll explore the tax consequences of accessing your savings component, how the retirement component is treated at retirement, and provide real-life examples to illustrate the financial impact. Whether you're planning for your future, assisting clients, or simply need clarity on the new framework, this session offers valuable insights into making well-informed retirement decisions.

Webinar Content

• Part 1: Background to the ‘two-pot’ retirement reform
• Part 2: Overview of the different retirement components
• Part 3: The savings withdrawal process and tax implications
• Part 4: Transfers between funds
• Part 5: The tax implications upon resignation
• Part 6: The tax implications upon retirement
• Part 7: Specific implications for non-residents

Competencies Developed

By attending this webinar, you will gain the ability to:

• Understand the tax implications of the retirement reforms
• Make informed decisions regarding your retirement funds
• Prepare more effectively for your retirement
• Avoid pitfalls when making savings withdrawals
• Simplify retirement-related tax reporting when submitting your tax return

Presenter

Adv Christel van Wyk

BA Law, LLB, H Dip Tax, Certificate Mediation & Arbitration

General tax Practitioner

Advocate of the High Court, Northern Cape

Christel van Wyk is an independent tax advisor and practicing Advocate in the Northern Cape. Her experience covers more than 25 years in tax advisory work, corporate international tax, tax avoidance, tax dispute strategy, dispute resolution and tax policy work. Christel has developed various training courses over the years and presented on various topics including general tax updates, tax dispute processes, complaint processes, diesel refunds, tax policy matters and mutual agreement procedures.

She has extensive experience working in both the private and public sectors. Christel previously headed up the Tax Avoidance unit at the SARS head office. She later headed up the Tax Dispute Resolution division at EY,  worked as a Project Director Tax at SAICA and more recently as a Manager Operations at the Office of the Tax Ombud. In 2023, she started her own tax practice, CVW Tax Consulting Services.

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.