Tax Update

Budget and Tax Update 2021

CPD Hours: 4

Price: R575.00

Title / Topic

Budget and Tax Update 2021

Presenters : Prof. Jackie Arendse


The Annual Budget Speech is the most anticipated event on the financial calendar and even more so this year, in a period of unprecedented challenges brought about as a result of the Covid-19 pandemic. Furthermore, the economic pressures caused by the Covid-19 lockdowns and travel restrictions only served to exacerbate the pre-existing fundamentals in the form of the spiralling levels of government debt, the ever-widening budget deficit, a stagnant economy and a shrinking tax base. All of these factors make it extremely difficult to ‘balance the budget’.  

How will Minister Mboweni address this? There is much speculation about fiscal policy and possible changes to the tax system and it remains to be seen what actions the Minister will announce. As taxes have a critical impact on taxpayer’s profits and take-home pay, these announcements will have an important impact on financial and business decisions.

The 2021 Annual Budget and Tax Update will unpack the tax proposals announced in the Budget Speech to enable attendees to understand the full impact of these changes. In the webinar, Professor Jackie Arendse will explain the proposals in a practical and comprehensible manner so that attendees can understand how to apply the amendments and the impact on business and personal finances.

Course content

  • Tax rates, including:
    • Changes in normal tax rates and rebates, including the medical rebates.
    • Estate duty and donations tax.
    • Dividends tax.
    • VAT.
  • Payroll and employees’ tax changes.
  • Fringe benefit amendments.
  • Retirement reforms.
  • CGT amendments.
  • Corporate tax amendments.
  • Limitations on deduction of interest.
  • Limitations on the carry-forward of assessed losses.
  • Corporate restructuring.
  • Venture capital companies.
  • Controlled foreign companies.
  • Trusts.
  • Tax administration amendments.
  • Recent selected court judgments and new SARS rulings and interpretations.

Who should attend?

This webinar is a significant, must-attend event on the calendar of tax practitioners, accountants and bookkeepers everywhere.

Related Webinars

Tax Update

2020 Webinar: Monthly Tax Update - October

2 Hours

Tax Update

Webinar: Monthly Tax Update - April 2021

2 Hours

Tax Update

Monthly SARS and Tax Update - May 2022

2 Hours

Need Help ?

Explore Smarty