Overview  

2018 has seen important legislative changes that affect the work of every accounting/ bookkeeping practitioner. 
SARS is now very tough with defaulters and the CIPC is also following suit.  It is vital that you keep up-to-date with all tax law and administrative changes
so as to avoid getting caught on the wrong side of the law where you may incur unnecessary penalties or even face imprisonment. 

This webinar specifically focuses on 2018 amendments to PAYE and VAT as published in administrative notices, compliance notices, court rulings and other notices from CIPC, SARS and the courts. 

Learning objectives 

By the end of the webinar the participant should:

• Know and understand all changes to VAT; 
• Know and understand all the 2018 tax law changes related to PAYE;
• Know and understand changes contained in the Tax Administration Laws Amendment Bill, 2018; and 
• Know and understand other pertinent tax changes.

Course content 

The following topics will be covered in detail during the event:

• The new VAT rate and inclusions to the zero-rated list.
• How to address VAT adjustments made for debit and credit notes.
• How to address VAT adjustments made for bad debts and face value.
• How to deal with a material error in an original tax invoice.
• SARS activation of understatement penalties for the failure to submit tax returns.
• Changes to the taxable fringe benefits regime.
• Changes to employer returns.
• Tax Administration Act changes to provisional tax and normal tax.
• Taxable benefits and non-executive directors.
• Claiming refunds on erroneous payment by a taxpayer.
• Deduction of interest repaid to SARS.
• Furnishing and obtainment of Employees’ Tax Certificates.
• Retirement annuity fund contributions to be allocated in relation to the taxable income from sources within and outside the RSA.

Obtaining your CPD certificate

Attendance of this 4-hour webinar will accrue 4 CPD hours for members of a relevant professional body such as ACCA, SAICA, AAT, SAIPA, SAIBA, IAC, CIS, ICBA, LSSA, FPI, and the IBA. The SAAA CPD policy is compliant with IFAC IES7 and is recognised by SAICA, AAT, SAIPA, SAIBA, IAC, CIS and others.
Complete the free online assessment at the end of the event and receive an additional 1 CPD hour.

Who should attend

The following persons will benefit from attending this webinar:

• Accountants in Practice: CA(SA), PA(SA), BAP(SA), ACCA, CIMA, IAC, AGA(SA), CIS, ICBA. 
• Bookkeepers.
• Accounting officers.
• Tax practitioners.
• Practice support staff. 

Price:                    

• R 699.00 - Online admission - Individual or Company
• Choose Individual if you would like to attend this event yourself. Choose Company if you would like to broadcast this event to your entire firm.
• Free to SAAA Bookkeeper CPD Package subscribers. Click here to register as a subscriber.

Additional material 

By attending this webinar you will be provided with:

• Summarised slide presentation, detailed course material and reference documents.  
• You can ask questions during the webinar via the online portal, and you will also have access to the presenter via e-mail after the webinar.