Overview   

The rapid globalisation of wealth management, coupled with the increasing focus on trusts by regulators in South Africa, has created a perfect storm of challenges for professionals involved in trust administration. As the legal and regulatory landscape continues to evolve, with heightened reporting requirements, enhanced due diligence, and a push for beneficial ownership transparency, it is essential for financial advisors, accounting practitioners, trustees, and legal practitioners to stay ahead of the curve.  

Join renowned experts Caryn Maitland CA(SA) and Carmen Westermeyer CA(SA) on 25 April 2024 from 10:00 a.m. to 12:00 p.m. as they share their invaluable insights and practical strategies for managing trusts in the era of globalized wealth management and increased regulatory scrutiny. With decades of combined experience and a track record of success in navigating complex trust administration issues, Caryn and Carmen will provide attendees with the essential knowledge and skills needed to thrive in this challenging environment. 

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: 

• A comprehensive understanding of the current trust landscape, estate planning best practices, and the evolving regulatory environment in South Africa. 

• Critical insights into the significance of residency for tax and compliance purposes in South African trusts, considering the increased reporting requirements and international cooperation efforts. 

• Actionable strategies for optimizing the tax treatment of trusts, focusing on resident vs. non-resident trustees and beneficiaries, while ensuring compliance with enhanced due diligence and beneficial ownership transparency requirements. 

• Proven techniques for effectively applying South African compliance requirements in the management of trusts, mitigating the risks of enforcement actions and penalties. 

Content to be discussed 

The following topics are under discussion for this month:   

• Overview of the trust landscape. 

• FIC requirements for non-residents. 

• Masters requirements for non-residents. 

• income Tax Act No 58 of 1962 - s 25B and non-residents. 

• Definition of place of effective management. 

• Double taxation agreements.   

 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.  

  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! 

• Online chat through our website. 

• WhatsApp: Start chatting (+27635026114) 

• Phone: 010 593 0466 

• E-mail: [email protected]