PBO status: SARS and NPO compliance 2019


Date: Jul 2, 2019 - Jul 2, 2019

CPD hours: 2 Hours

Time: 10:00 - 12:00

Event Type: Webinar

Presenter: Ricardo Wyngaar
NPO Lawyer

Purpose of event: To inform participants how to comply with SARS and legislative requirements for NPOs.

Overview   

Non-profit Organisations (NPOs), Non-profit Companies (NPCs) and Public Benefit Organisations (PBOs) are business entities with peculiar characteristics and requirements. The CIPC and SARS demand specific requirements on some of these organisations. 

As a professional accountant, bookkeeper, auditor or tax practitioner, you must know that these entities have unique registration and reporting requirements. The tax treatment of these entities' commercial activities is also different from that of "normal" business entities. 

This webinar discusses NPOs, NPCs and PBOs in exhaustive detail, spelling out all their similarities and differences, with special emphasis on the role of the accountant/ tax practitioner.  

Join Ricardo  Wyngaard, the NPO lawyer, on 2 July 2019, from 10:00 a.m to 12:00 p.m as he discusses these business entities.  


Learning objectives  

By the end of this event the participant should: 

  • Know the registration and reporting requirements for NPOs, NPCs and PBOs. 

  • Understand legislative provisions for the provisions NPOs, NPCs and PBOs. 

  • Know the tax treatment of commercial activities for PBOs. 

  • Have an introductory understanding of  VAT application to NPOs.  

  • Know the requirements for approval as a PBO. 

  • Know how to draft the constitution of an NPO. 


Content 

The webinar will cover the following topics:  

  • Registration of NPOs, NPCs and PBOs; 

  • Drafting the constitution of an NPO; 

  • Key provisions: 

    • NPO Act. 

    • Companies Act. 

  • Approval requirements to become a PBO; 

  • Completion of tax returns; 

  • Maintaining the tax exempt status; and 

  • Introductory VAT application for NPOs. 


Obtaining your CPD certificate 

This webinar qualifies for 4 CPD hours with your professional body including: 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 all relevant professional bodies. 

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


About the presenter 

Ricardo Wyngaard LLB, LLM  

Ricardo is passionate about the non-profit sector and has been focusing on non-profit law since 1999. He is a lawyer by profession who obtained his LLB degree from the University of the Western Cape and his LLM degree from the University of Illinois in the USA. He has authored a number of articles and booklets on non-profit law and governance, some of which have been published in international journals.  

Ricardo has participated as a speaker at both national and international conferences and has facilitated countless workshops with NGOs and community-based organisations. In pursuit of his passion, he established a solo law practice in 2009 focusing on non-profit law and governance. 


Who should attend 

The following persons will benefit from attending this webinar: 

  • Professional Accountants including: RA(SA), CA(SA),PA(SA) and BAP(SA); 

  • Accounting officers;  

  • Bookkeepers; and 

  • Tax practitioners. 


Price       

  • R 475.00 - Online admission - Individual. 

  • R 950.00 - Online admission - Company. 


Steps to register for the event: 

  1. You can either attend the event as a non-CPD subscriber or as a CPD subscriber.  

    • Option 1: Non-CPD subscribers pay the full event price.  

    • Option 2: Paid CPD Subscribers pay a monthly fee and attend the event at no additional cost.   

  2. Under both options you first have to obtain a free CPD Subscription account. This gives you access to free events and registers you as a user on the system.  

  3. Once you have a free profile you can select between Option 1 or 2.  

  4. Find out more about the benefits of being a CPD subscriber and attend this event for free - Click here 


Additional material 

By attending this webinar you will be provided with: 

  • Summarised slide presentation 

  • Reference documents and / or course material where available 

  • You can ask questions during the webinar and you will also have access to me the presenter after the webinar 

 

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Venues & Dates

The following venues and dates are available for this event.

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