PwC Annual Tax update 2024/2025 | Virtual training

Training details

Time: 9am-1pm (For all sessions)
CPD: Four hours
Cost: R1,950 (including VAT)
Training type: Virtual

For your convenience we have scheduled various virtual sessions between December 2024 and March 2025, enabling you to attend any of the sessions remotely. PwC makes use of the latest technology to ensure an interactive virtual learning experience.

Why? Gain exclusive access to PwC experts’ insights on the latest tax developments. Navigate the tax and economic landscape confidently and mitigate potential tax risks in your business.

Your gain? Receive detailed training materials, including summaries of the most relevant case law from the past year, accessible anytime. Plus, earn four verifiable CPD hours.

Your investment? Detailed tax technical advice of this nature could typically cost up to *R48 000. However, you can access all of this for just R1,950 (including VAT).

Your value? Relying on the knowledge of the top tax experts, we delve into sustainability in tax, the current South African tax landscape, and SARS developments over the past year. We help you understand the practical implications of the latest tax changes and how to apply this knowledge effectively in your business.

For further details on what we include click here.

Register for the training here

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Included in our training

For further details on what we include, please see below:

1. Dr Christie Viljoen, PwC Senior Economist, will present the current economic outlook.
   
2. Discuss updates in sustainability tax reporting, the EU carbon border adjustment mechanism, carbon tax developments and more. 
   
3. Review of the current tax landscape. We discuss revenue collection performance against budget, SARS’ strategy and what we see in practice from SARS.
4. We look at the latest BEPS Pillar 1 and Pillar 2 developments.
5. We do a detailed overview of the 2023 amendments to tax legislation and the potential impact thereof on taxpayers, including:
   • Curbing the abuse of the Employment Tax Incentive Scheme
   • Payroll amendments and refunds made in the current year
   • Clarifying anti-avoidance rules for low-interest or interest-free loans to trusts
   • Reviewing the connected person definition in relation to partnerships 
   • Relaxing the assessed loss restriction rule under certain circumstances
   • Reviewing the prohibition against the transfer of assets in terms of an amalgamation transaction
   • Third-party backed shares: extending the definition of “enforcement right” to a connected person
   • Third-party backed shares: extending exclusions to the ownership requirement 
   • Translating “contributed tax capital” from foreign currency to rands
   • Taxation issues involving unlisted property industry
   • Translating contributed tax capital from foreign currency into Rands
   • Clarifying the interaction of section 24JB (3) of the income tax act and the gross income definition 
   • Impact of IFRS 17 on the taxation of insurers
   • Investment allowance in respect of buildings, machinery, plant, implements, utensils and articles used in domestic production of electric and hydrogen-powered vehicles
   • Clarifying the translation for hyperinflationary currencies 
   • Clarifying the 18-month period in relation to shareholdings by group entities
   • Clarifying the rebate for foreign taxes on income in respect of capital gains
   • Aligning the section 6quat rebate and translation of net income rule for CFCs
   • Refining the definition of “exchange item” for determining exchange differences 
   • Reviewing the interaction of the set-off of assessed loss rules and rules on exchange differences on foreign exchange transactions
   • Value-Added-Tax amendments
   • Carbon Tax amendments
   • Tax administration amendments 
6. The most relevant case law decided in the past year. 
7. All training material, including detailed notes and practical examples, are prepared by our PwC experts. These will provide more detail on the changes to legislation and other developments for self-study at your leisure.