SMME Tax Risk Management: From Compliance to Strategic Advisory
Duration: 2 hours
Price: R195.00
SMME Tax Risk Management: From Compliance to Strategic Advisory
Presenters : Theo Burrows
Overview
This presentation shifts the focus from traditional SMME tax compliance to a strategic, risk-based advisory approach that addresses the complex dynamics between business owners and their entities. While covering key tax areas such as Corporate Income Tax (CIT), Provisional Tax, PAYE, Turnover Tax, and Small Business Tax, the session emphasizes identifying and mitigating the critical risks that arise within the owner-entity relationship. With Revenue Augmentation Audits intensifying in 2025 and assessments ranging from R3 million to R18 million, tax practitioners must evolve beyond routine compliance to become forward-thinking strategic advisors.
Rather than aiming to merely reduce tax liability, effective SMME tax planning should centre on understanding key business events and allowing those events to guide tax outcomes. Through real-world case studies and expert insights, the session will explore five major risk areas: fund flows between owners and entities, succession and continuity planning, buy-sell agreements and their funding, key man insurance strategies, and owner financial risk management. This comprehensive lens equips practitioners to become trusted advisors, delivering long-term value to SMME clients.
Video Content
- SMME Tax Landscape Overview: A concise overview of core tax types impacting SMMEs—CIT, Provisional Tax, PAYE, Turnover Tax, and Small Business Tax—with basic compliance context
- Revenue Augmentation Risk Management: Explore risks from owner-entity fund flows (including loan accounts) and practical methods for identifying and mitigating these issues before audits arise
- Succession and Continuity Planning: Understand estate and succession planning for SMMEs, including buy-sell agreements, their tax structuring and funding, and the strategic use of key man insurance
- Owner Financial Risk Management: Develop strategies to protect the owner’s personal financial position while supporting business sustainability
- Risk-Based Tax Advisory Framework: Learn how to shift from compliance-driven tax planning to event-driven, risk-informed strategic advisory services
Competencies Developed
- Strategic Risk Assessment: Identify and evaluate tax-related risks in SMME owner-entity relationships, enabling a move beyond compliance into advisory
- Revenue Augmentation Audit Preparedness: Recognize early indicators of audit exposure, apply proactive mitigation, and guide clients on proper fund flow documentation
- Integrated Business-Tax Planning: Align tax strategy with broader business planning, including succession, buy-sell structures, and key person risk management
- Value-Based Advisory Relationships: Cultivate trusted advisor status by offering strategic insight rather than transactional services
- SMME Sector Specialization: Deepen knowledge of the SMME landscape to provide tailored, high-impact advice for this vital business segment
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