Accountants' Discussion Forum: New Companies Act Amendments and the Impact of Beneficial Ownership on Tax Returns


Date: Aug 29, 2024 - Aug 29, 2024

CPD hours: 2 Hours

Time: 10:00 - 12:00

Event Type: Webinar

Presenter: Caryn Maitland CA(SA)
Owner, Maitland & Associates
Presenter: Carmen Westermeyer CA(SA)

President Ramaphosa recently enacted the First and Second Companies Amendment Bills on July 26, 2024.

Overview   

President Ramaphosa recently enacted the First and Second Companies Amendment Bills on July 26, 2024. This essential webinar offers a detailed examination of these significant legislative developments and their far-reaching effects on businesses. 

Beneficial Ownership ushers in a new world of compliance for companies and forms part of how the Companies Act has evolved over the last 18 months. In this session we will also consider the impact that this is having on the new income tax returns required by SARS. 

Join our experts Caryn Maitland CA(SA) and Carmen Westermeyer CA(SA) on 29 August 2024, from 10:00 a.m. to 12:00 p.m. as they dissect these critical issues. 


Learning objectives and competencies developed 

Through real-world case studies, practical examples, and an in-depth analysis of the latest regulatory developments, this webinar will equip you with the following competencies: 

  • Consider what the new amendments are to the Companies Act. 

  • Identify how they differ from the Companies Act before these amendments and the previous iterations of proposed amendments (2018, 2021 and 2023). 

  • Consider the practical implications of the newly signed Act. 

  • Understand the complexities of beneficial ownership as a new compliance area under the evolved Companies Act. 

  • Understand how the new IT3(t)'s and trust tax returns will look at beneficial ownership.   


Content to be discussed 

The following topics are under discussion for this month: 

  • Companies Act Amendment Act, 2024. 

  • Companies Act No 71 2008. 

  • General Laws Amendment Act 2022.   


Obtaining your CPD certificate 

This training is compliant with the International Education Standard (IES7) issued by the International Federation of Accountants and recognised for CPD by relevant professional bodies including ACCA, CIMA, IAC, IIA, SAICA and SAIPA. 

All attendees are issued with a CPD certificate available in an online profile.     


Meet your presenters   

Caryn Maitland CA(SA) 

Caryn Maitland is a Chartered Accountant (SA). She has been a member of IRBA as a registered auditor and accountant since 2002 and is also a registered member of SAICA. 

Caryn has lectured Auditing and Accounting at various institutions and has conducted independent workshops and seminars for professional accountants since 2006 on various topics. She has presented on the national tour for the annual Legislation Update with ProBeta Training (Pty) Ltd in 2014 and 2015, as well as on the FASSET national tour for the Tax Administration Act in 2014.  Caryn is also involved with the annual SAICA SMP Technical tour. 

  

Carmen Westermeyer 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. In 2008, she was appointed lecturer at UKZN and coordinated the Taxation 300 course until December 2010. She then took over the role of Academic Leader for the Taxation Department, as well as the coordination of the Postgraduate Taxation Programme.  

In December 2012 Carmen 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.   


Who should attend? 

The following persons will benefit from attending this webinar: 

  • Professional accountants such as CA(SA), BAP(SA), AGA(SA), Professional Accountant (SA), FCCA, BA(SA) and ACCA. 

  • Registered auditors. 

  • Company directors. 

  • Financial managers. 

  • Registered tax practitioners.  

  • Trainee accountants.   


Price              

  • Individual Booking: R380.00  

  • Company Booking: 

    • Group Price 1 - From R156 per person (up to 5 users)   

    • Group Price 2 - From R102 per person (up to 10 users)   

    • Group Price 3 - From R92 per person (over 11 users) 

       

Steps to register for the event:  

If you already have a profile, login and register for the webinar. 

If you don’t have a profile, create a free profile then login and register for the webinar. Click here to create a free profile (There is no charge to create a profile and gain access to our free content). 

To find out about the Resource Centre, Accounting Library and CPD Subscription Plans, click here .   


Corporate training solutions 

At the Accounting Academy, we recognize the evolving needs of businesses in today's dynamic environment. Beyond our standard webinar offerings, we provide tailored corporate training solutions designed to empower your team with the latest in accounting and professional skills. Whether you're looking for online sessions or face-to-face training, our programs are crafted to ensure a comprehensive and engaging learning experience. 

Drawing inspiration from modern training methodologies, our corporate solutions are interactive, adaptable, and focused on real-world applications. We prioritize hands-on learning, ensuring your team can immediately apply their newfound knowledge in practical scenarios. 

Interested in a bespoke corporate training experience? Reach out to us at [email protected] or call 010 593 0466. Together, let's design a training program that elevates your team's capabilities and aligns with your organizational goals. 


Contact us   

Have any questions or need any assistance? Contact us today! 

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Venues & Dates

The following venues and dates are available for this event.


Discounts available

The following discounts are available for this event

Discount Promo Code: Access to the webinar / recording

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