Overview

Tax law is ever-changing: are you up to date? 

The focus of the seminar is to alert tax practitioners to current and anticipated changes in the law. Attendees can expect to receive updates on the 2017 bills, new court cases, interpretation notes and binding rulings.

Course Content

• Related to retirement funds
  • Public sector transfers
  • Transfers after ‘retirement’
• Pensions and annuities – foreign source
• Services rendered by RSA residents outside the RSA
• Exemptions, bursaries, tax free savings
• Employee uniforms
• Travel allowance
• Contributions to retirement funds
• Section 7C
  • Loans to trusts and companies
  • Employee share trusts
• Interest – and the in duplum rule

Foreign dividends
Venture capital companies
Section 18A donations
Interest
Trade related
Government grants and trading stock
Depreciable assets and small business
Trading stock
Tainted intellectual property
Debt reduction – concession or compromise
Dividend stripping and share buy-backs
Contingent liabilities

VAT

• Movable assets and zero rate
• Travel insurance
• Leasehold improvements

Tax Administration
Employees’ tax – allowances, the R350 000 limit and employee share trusts
Section 9 review requests
Tax rates
Bargaining councils
Diesel refund