For your diary / Events
- SAIT half-day seminars: International Tax - Jun/Jul 2012
- Half-day seminar: Labour Relations (LRA) Amendment Bill and Basic Conditions of Employment (BCEA) Amendment Bill - May 2012
- SAIT half-day seminars: New Dividends Tax - May 2012
- IFRS for SME and "micro-gaap": How to apply it, when to use it, and how to report on it - May 2012
- Company secretarial work for private companies and close corporations - Jun 2012
From our students
Tshepo Sebothoma"2009 has been the most fruitful year of my life. ICB offered me the opportunity to commence my long chosen career in accounting. I look forward to the many opportunities that lie ahead of me now." Read more »
My name is Panacea Molefi and I'm 22 years old. I was born and raised in Rustenburg, and now have a full-time job in Johannesburg as a Finance Assistant. I started my studies at Boston College Bedfordview - the ICB's Accounting Certification Programme. It was my dream to study at a… Read more »
SAIT half-day seminars: New Dividends Tax - May 2012
Overview
The new Dividends Tax will be implemented on 1 April 2012.
Make sure that you know about all the implications of this new tax and the associated administrative requirements. This seminar will cover all the relevant Dividends Tax legislation. It will also be structured to incorporate in-depth case studies to help you understand all the practical aspects of managing and/or advising on the new tax.
Course content
- Background and transition from STC to Dividends Tax.
- Key definitions: "dividend", "foreign dividend", "contributed tax capital (CTC)", etc.
- How to establish the CTC opening balance and what records must be kept by companies.
- How the Dividends Tax will be levied.
- Exemptions
- Dividends in specie.
- Low interest loans.
- Treatment of STC credits.
- How to claim refunds.
- Rebates
- The dividend exemption and exemption for foreign dividends.
- Headquarter companies.
- Non-resident companies.
- Liquidation distributions.
- Capital distributions.
- Share buy-backs.
- Passive holding companies.
- Implications for trusts.
- Specific anti-avoidance provisions.
- The removal of the value extraction tax (VET) and what this means for companies and shareholders.
- Treatment of close corporations, co-operatives and not-for-profit companies.
- Administration considerations.
Who should attend
- Tax practitioners.
- Company directors.
- Business owners.
- Advisors
- Auditors
- Accountants
- Bookkeepers
- Academics and anyone involved in business management, investments and/or taxation.
CPD
Your attendance will also give you 4 valuable hours of CPD.
Cost
- SAIT members: R850.00
- Affiliated members: R900.00 (includes SAIBA, SAICA, SAIPA, ACCA, IAC, ICB, FPI, CSSA, LSSA, FISA)
- Non-members: R955.00
- Trainees: R400.00
When and where
All seminars will run from 09h00 to 13h00.
- George - 18 May 2012 - Protea Hotel King George
- Johannesburg - 22 May 2012 - Glenhove Conference Centre
- Durban - 23 May 2012 - Durban Country Club
- Pretoria - 24 May 2012 - Diep In Die Berg
Click here for more information and bookings.