Annual Tax Update 2020/2021

Overview

The year is almost over and 2021 is around the corner. Are you ready for 2021? Attend the Annual Tax Update to prepare you for what's coming your way in 2021.

This four-hour webinar will unpack the tax amendments that have been included in the following Bills (tabled in Parliament on 28 October 2020):

• Rates and Monetary Amounts and Amendment of Revenue Laws Amendment Bill, 2020.
• Taxation Laws Amendment Bill, 2020.
• Tax Administration Laws Amendment Bill, 2020.
• Recent tax case judgments and other developments.

During this webinar, Prof Jackie Arendse will explain the amendments in a practical, comprehensible manner so that attendees can understand how to apply the amendments and the impact of the tax judgments, and how these may affect your businesses and personal finances.

This webinar is a significant, must-attend event on the calendar of tax practitioners, accountants, and bookkeepers.

Course Content

In this webinar, we unpack and explore the 2020 tax amendments:

• Foreign employment income exemption: 183-day requirement.
• Exemption for employer-provided bursaries.
• Withdrawing from retirement funds upon emigration.
• Preference share structures and s 7C.
• Reimbursing employees for business travel.
• Doubtful debt allowance.
• Amendments to corporate reorganisation rules.
• Trust capital gains.
• VAT amendments.
• Tax administration.

We also review recent tax judgments and new SARS rulings and interpretations.

Presenter

Professor Jackie Arendse 

PhD MTP(SA) Chartered Accountant (SA)

After completing her training at Deloitte and qualifying as a Chartered Accountant, Jackie was Group Financial Accountant for a top-100 listed company before moving to academia where she has authored, lectured and researched on all aspects of tax for more than 20 years.

She served as Project Director: Tax at the South African Institute of Chartered Accountants (SAICA) between 2004 and 2006, managing relationships with key stakeholders (especially SARS and National Treasury), enhancing SAICA members’ tax competence and representing SAICA in discussions with Government on tax policy and legislation.

Jackie was Head of the School of Accountancy at Wits University from 2009 until 2013 and has been Head of the Department of Accounting at Rhodes University since July 2014.

Jackie has presented tax seminars and webinars to tax practitioners and businesses around the country for many years and has authored numerous books, articles and publications in the field of taxation including Silke on South African Income Tax. She is the managing author of Silke on Tax Administration, published by LexisNexis and updated annually.

She is involved in an exciting new collaboration with The Tax Faculty to digitise tax training materials.

CPD

This event and successful completion of the online assessment will secure 4 hours verifiable output Tax CPD points.