Tax and Business Rescue 2020

Overview

Companies facing financial difficulties is nothing new. Some companies manage to turn their financial position around and pull through, whilst others unfortunately do not succeed. The Covid-19 pandemic has emphasized the importance of business rescue and restructuring, as there has been an enormous increase in the number of businesses in financial distress.

Course Content

In this webinar, we unpack and explore the following key questions and issues:

• What provisions of the Companies Act are applicable to businesses in business rescue?
• What is a business rescue plan?
• How should one deal with the tax consequences arising from a business rescue plan?
• How should one deal with SARS as a creditor when a business is in distress?
• What steps can be taken to improve solvency and liquidity?
• What actions can be taken by a company to put it back on the road of profitability?
• What are the consequences for the debtor and creditor when debt is restructured?

 The webinar will also explore practical, real-life case studies of business rescue plans of Edcon, SAA and Comair.

Presenter

Johan Heydenrych

Johan has specialised in taxation since 1991 and became a tax partner at a Big Four Firm in 1997.
Since March 2020, he provide independent tax consulting services and focus on the provision of training courses to clients and tax professionals.
Johan has 30 years experience in providing tax consulting services in the area of Corporate Tax, Value-added Tax and Remuneration planning. He regularly present tax courses to clients and organisations on VAT, Income Tax and Employment Taxes. His MCom thesis entitled “A critical analysis of VAT at local authorities” assisted me in achieving this Masters degree cum laude.

Area of Expertise

Corporate Tax, Value-added Tax, Employment Tax, Tax Accounting, Tax Process and Technology

Education and Qualifications

• B. Com (Accounting) (Cum Laude)
• B. Com (Accounting) (Hons) (Cum Laude)
• Certificate in the Theory of Accounting
• M. Com (Taxation) (Cum Laude)
• Chartered Accountant (Specialising in Taxation) Member of SAICA and IRBA
• Registered Tax Practitioner

CPD

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

Event Pricing

100% discount for all CPD subscribers. Not a CPD subscriber yet? Click here to register now

Other members: R475.00
Company price: 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.

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  • 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.

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