SARS Issues
Monthly TaxCafé Discussion Forum: Resolving Current SARS Issues in Practice - February 2024
Duration: 2 hours
Price: R195.00
Title / Topic
Monthly TaxCafé Discussion Forum: Resolving Current SARS Issues in Practice - February 2024
Presenters : Carmen Westermeyer
Overview
In this TaxCafé video, Carmen Westermeyer received questions from the attending tax professionals prior to the presentation and based the discussion on answering as many of the questions as possible.
Using practical examples, Carmen explored the interesting topics listed below, and more:
- Updates to IRP6 (where to solar deductions)
- Section 18A and marriage (understanding how to claim S18A donations for spouses)
- Trust income taxes and PAYE registration
- Remission of company penalties
- Tax directive issues (how to fix directives when the issuing company doesn’t exist anymore)
Video Content
In the February TaxCafé video we will discuss the following:
- Section 18A donations made by couple married in community of property - how do they work?
- Can a Trust be registered for PAYE?
- What are the tax implications of trading in a Trust?
- How does the VDP programme work?
- Functionality available to Tax Practitioners vs Individuals
- Foreign pensions deducted by foreign employer for remote workers based in South Africa.
- How do we translate amounts received in foreign currency.
- Source of income and SARS's taxing rights
- Disclosure of the solar incentives on the IRP6 - s6C vs s12BA
- Potential error on tax returns regarding the interest exemption
Competencies developed in this video
After watching this discussion forum video, you will be:
- Informed about the best solutions to resolve current taxpayer issues.
- Competent to efficiently and proactively resolve current issues experienced in your practice.
- Able to guide your staff to effectively assist/support clients with their systemic tax issues.
- Informed about available resources to resolve taxpayer issues.