Overview

This webinar is designed for delegates that need to understand dividends tax from A to Z. The importance of having a proper understanding of dividends tax is highlighted by the fact that dividend tax must be paid to SARS by the end of the following month, if not, penalties and interest will be levied (which is something that all taxpayers would like to avoid).

This session will cover all elements of dividends tax from the administrative requirements, compliance requirements of the dividend tax due, and how and when dividend tax should be paid.

Course content

This session will cover the following topics:

• Administrative responsibilities.
• Income Tax Act definitions.
• Exempt dividends.
• Dividends and how its calculated.
• Company liability vs shareholder responsibility.
• Refunds vs rebates.
• Problem areas.

Outcomes

After attending this webinar, delegates will have gained an understanding of the competencies mentioned below:

• Understand a company’s responsibilities with respect to dividends tax.
• Determine what a dividend is for income tax purposes.
• Understand the submission process for the DTR01.
• Understand the shareholders responsibilities with regards to dividends tax.
• Understand the difference between STC and dividends tax.

Who should attend?

Any person who is looking to gain an understanding of dividends tax would benefit from this webinar. It would also benefit anyone who is responsible for the calculation and submission of documents related to dividends tax to SARS. Also, any individual that is looking for a refresher on dividends tax – no prior knowledge is required for this session.

Presenter

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 in 2004. She has been a member of SAICA since then.

Carmen stayed with PwC for a year as Assistant Manager, venturing into the world of commerce in 2006. In 2008, she was appointed as a lecturer at UKZN and coordinated the Taxation 300 course until December 2010. From 1 January 2010, Carmen took over the role of Academic Leader for the Taxation Department, as well as the coordination of the Postgraduate Taxation Programme. During her time as Academic Leader she had numerous opportunities to liase with SAICA on issues relating to the ITC, as well as being a member of the Tax Committee.

In December 2012 she started running ad hoc training courses for members of the profession. From December 2013, she moved into commercial training and consulting on a full-time basis. She has been involved in various training activities, such as the SAICA SMP training in 2014 and the FASSET Budget and Tax Update in 2015 and 2016.

CPD

This event and successful completion of the online assessment will secure 2 hours verifiable output Tax CPD points.

Event Investment

This does not form part of the 2021 CPD subscription packages.

Other member: R475.00
Company price (five attendees maximum): R950.00

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 been received 2 days after the event, legal action will be taken

• Proof of payment will be requested at registration, if payment at that point in time has not been reflected on SAIT's bank account.

• Only written notice of cancellation will be recognised.

• Cancellation Conditions:

  • 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.

• SAIT'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.