Shows / Tax Break: South African tax for professionals
Tax Break: South African tax for professionals
Tax Break is a podcast for any professional who works with South African tax regularly. This includes tax practitioners, tax professionals, financial managers (FMs), financial directors (FDs), CFOs, accountants, auditors, lawyers and corporate finance advisors. The host is Professor Pieter van der Zwan, a South African chartered accountant, who lectures the masters programme in tax at a South African university. He has 20 years experience in advising companies, high net worth individuals…
Episodes
Tax Break: South African tax for professionalsChanges to VAT on electronic services
Foreign persons who supply electronic services consumed in South Africa may be required to register as VAT vendors in South Africa. The regulations governing…
Tax Break: South African tax for professionalsDividends to non-shareholders
What are the tax implications when a company declares dividends to someone other than its shareholder? In this episode, I talk about two tax implications to…
Tax Break: South African tax for professionalsLoans by shareholders to companies
Shareholders often fund companies through loans. In this episode, I discuss tax implications to consider for such loans, especially when the loan does not bear…
Tax Break: South African tax for professionals15,5% VAT from 1 May 2025?
The Minister of Finance announced an increase of 0,5% in the VAT rate with effect from 1 May 2025 in the 2025 Budget. From reports in the media, it is by no…
Tax Break: South African tax for professionalsTax proposals in the 2025 Budget
The Minister of Finance presented the 2025 Budget in Parliament on 12 March 2025. In this episode, I talk about some of the tax proposals in this budget. You…
Tax Break: South African tax for professionalsWhat if the VAT rate changes?
The VAT rate may change when the revised budget is presented in March. In this episode, I talk about some of the practical realities that vendors would face if…
Tax Break: South African tax for professionalsProvisional tax – what if the estimate is not right?
The end of February means provisional tax for many taxpayers. In estimating their taxable income, the question often comes up – what if I get the estimate…
Tax Break: South African tax for professionalsLessons from recent diesel rebate cases
Taxpayers in certain industries qualify for diesel rebates. Two recent cases highlighted some aspects of these rebates that may be important for taxpayers to…
Tax Break: South African tax for professionalsThe economics of loans by companies to shareholders
Companies and their shareholders often find themselves in a tough spot when the company advances substantial amounts to its shareholders as loans. In this…
Tax Break: South African tax for professionalsTrusts - good or bad?
Someone recently asked me whether they should advise their clients to keep their assets in trusts. This depends on the facts and circumstances of each case and…
Tax Break: South African tax for professionals“Tips & tricks” for objections (Part 2)
A listener asked me to record an episode on the “tips & tricks” when lodging an objection. In this episode, the second of the series, I discuss some important…
Tax Break: South African tax for professionals“Tips & tricks” for objections (Part 1)
A listener asked me to record an episode on the “tips & tricks” when lodging an objection. This process is governed by law and the tax dispute rules, rather…
Tax Break: South African tax for professionalsBeneficial ownership information
Several South African tax returns, including the ITR14 and ITR12T, require beneficial ownership information. Who are the beneficial owners of a company or…
Tax Break: South African tax for professionalsVAT adjustments for residential property developers
In this episode, I talk about the VAT considerations that residential property developers should be aware of when they lease properties initially developed to…
Tax Break: South African tax for professionalsA VAT amendment that comes into effect on 1 January 2025
In this episode, I discuss an amendment to the definition of resident of the Republic in the VAT Act that takes effect on 1 January 2025. You can contact me at…
Tax Break: South African tax for professionalsTax allowances on solar assets
In this episode, I provide an overview of some of the tax allowances available for solar assets. You can contact me at pieter@pvdz.co.za if you have any…
Tax Break: South African tax for professionalsThe SA/Kuwait DTA
In this episode, I consider the broader impact of the recently ratified protocol to the South Africa/Kuwait double tax agreement. You can contact me at…
Tax Break: South African tax for professionalsThe conduit principle and capital gains tax
In this episode I discuss the conduit principle’s application in the context of capital gains tax and the Thistle Trust case. You can contact me at…
Tax Break: South African tax for professionalsThe conduit principle and trust income
In this episode I discuss the conduit principle that applies to trust income and an amendment that took effect from 1 March 2024. You can contact me at…
Tax Break: South African tax for professionalsWhen should a vendor claim input tax?
In this episode I deal with a question about when a VAT vendor should claim input tax. You can contact me at pieter@pvdz.co.za if you have any feedback on…
Tax Break: South African tax for professionalsNon-ZAR preference shares
In this episode I discuss an amendment to section 24I that affects foreign preference shares. You can contact me at pieter@pvdz.co.za if you have any…
Tax Break: South African tax for professionalsLoans to offshore trusts
In this episode, I consider a recent amendment to section 7C that affects its interaction with the transfer pricing rules. You can contact me at…
Tax Break: South African tax for professionalsLimitations on utilising assessed losses
In this episode I discuss assessed losses. I consider the limitation on utilising these losses that was introduced in 2023 and also a recent ruling issued by…
- Tax Break: South African tax for professionals
Tax considerations when waiving loans
In this episode I speak about some of the tax considerations when waiving loans. You can contact me at pieter@pvdz.co.za if you have any feedback on the…
- Tax Break: South African tax for professionals
PBOs and section 18A receipts
In this episode I deal with section 18A receipts issued by public benefit organisations (PBOs). You can contact me at pieter@pvdz.co.za if you have any…
- Tax Break: South African tax for professionals
The CFC rules and the Coronation case
In this episode I discuss the recent Constitutional Court judgement in the dispute between SARS ad Coronation Investment Management SA (Pty) Ltd. You can…
- Tax Break: South African tax for professionals
Shares as remuneration
In this episode I share some tax considerations to bear in mind when dealing with share incentive schemes. You can contact me at pieter@pvdz.co.za if you have…
- Tax Break: South African tax for professionals
The cost of using section 42
In this episode I discuss a cost of using the relief in section 42 that is often overlooked. You can contact me at pieter@pvdz.co.za if you have any feedback…
- Tax Break: South African tax for professionals
The link between section 24C and revenue in advance
In this episode I explore the link between the allowance available under section 24C and the amount disclosed as revenue in advance in financial statements…
- Tax Break: South African tax for professionals
Should I object or use s 93?
In this episode I consider the question: if there is a mistake on my tax assessment, should I object or consider using section 93? You can contact me at…
- Tax Break: South African tax for professionals
Dividend stripping
In this episode I discuss dividend stripping – specifically: what is dividend stripping? You can contact me at pieter@pvdz.co.za if you have any feedback on…
- Tax Break: South African tax for professionals
Financial emigration
In this episode I share my thoughts on the concept of financial emigration. You can contact me at pieter@pvdz.co.za if you have any feedback on the episode or…
- Tax Break: South African tax for professionals
Exit tax
In this episode I look at the tax implications when a person ceases to be a South African tax resident. You can contact me at pieter@pvdz.co.za if you have any…
- Tax Break: South African tax for professionals
Tax residence status
In this episode I talk about the factors that determine an individual’s tax residence status. You can contact me at pieter@pvdz.co.za if you have any feedback…
- Tax Break: South African tax for professionals
Introducing Tax Break
This episode introduces the podcast and the presenter to listeners. You can access the video version of this podcast on my Youtube channel at…
- Tax Break: South African tax for professionals
Understanding CTC
In this episode I discuss the concept of contributed tax capital (CTC). I focus on what a company can and can't do with its CTC. (You can contact me at…