Exciting News! Our third Employees Tax and Benefits workshop is in the works for the beginning of 2024! If you’re interested in joining us for this insightful session, click here to express your interest. Your participation will play a crucial role in making it happen. Let us know, and together, we can launch another successful workshop! Stay tuned for more updates.
Thank you for your continued support!
Co-presenter:
Jerry Botha
Co-presenter:
Tanya Tosen
Fee:
R5,462.50 (incl. VAT) for 2 days
Location:
Johannesburg | 18 – 19 July
PRE-REGISTER TODAY!
Who Should Attend:
The past attendees have ranged from new entrants to the HR profession, with little or no basic knowledge of tax and payroll practices, to advanced HR, payroll and reward professionals. We have even had MD’s attend our training.
*Attendance Certificates will be issued to everyone for the purpose of obtaining CPD points at their respective professional bodies
The training is tailored specifically to the needs of attendees. It will typically cover the basics of employees’ tax, personal tax computations and benefits. Our training starts with the assumption of a zero-knowledge base and takes delegates step-by-step through the basic calculations which build up to more complex computations. We will be performing approximately 48 practical calculations during the two days.
Delegates walk away with the ability to do actual tax calculations and verifications as opposed to just the technical theory.
This training opportunity forms part of Tax Consulting SA’s industry contribution, and you are encouraged to register your wider HR or finance teams. This is a safe learning environment, where the emphasis is on true knowledge transfer and learning.
THE TRAINING INCLUDES UNDERSTANDING THE FOLLOWING:
- Understanding the Tax Tables
- Rebates
- Annualised tax calculations
- Bonus month tax computation
- Tax refund where part-year employment
- Additional tax where more than one source of income
- Unemployment Insurance Fund (UIF) and Skills Development Levy (SDL)
- Pension/Provident, retirement annuities, medical aid rules, travel allowance computation etc.
- Employee benefits including pension, provident, defined contribution and defined benefit, medical aid, life cover, disability cover (permanent health insurance and income protection), lifestyle benefits, etc.
- Cost to Company vs. Basic Plus Benefits remuneration structures
SOME MYTHS THAT WILL BE DEBUNKED:
- Fringe benefits are taxed at different rates and there is super tax;
- My salary is taxed at my fixed marginal rate;
- My annual increase is taxed at a higher rate;
- Cost to Company Remuneration Structures are taxed higher than a Basic Plus Remuneration Structure;
- Bonuses are taxed higher and would be best if this is paid on a separate pay run; and
- My salary is taxed on a monthly amount.
KEY AREAS OF THE PRESENTATION
- The tax residency tests in South Africa.
- The two ways of breaking tax residency, and compliance for non-residents.
- Where you remain tax resident, your compliance obligation and claiming the expatriate exemption.
- Basic rules for legally minimizing your tax obligation.
- Family wealth migration planning, tax structures and refresher on the do’s and don’t’s.
- Practical tax and financial planning considerations for expatriates; and
- Tax risk management, SARS audit approach and Coming Clean with SARS.
FEEDBACK FROM PREVIOUS ATTENDEES
“I enjoyed the Workshop. I feel more confident in my position. Tanya (Tosen) was very helpful and patient with us to ensure that we understood every step. The most value-adding item that was covered included the various calculations of the tax and UIF and being able to explain tax calculations to employees. All items covered were valuable to me.”
– Employee’s Tax and Benefits Workshop Attendee
“I liked the examples and explanations of how to calculate tax. She (Tanya Tosen) was knowledgeable and presented the information well. The most value-adding item that was covered included gross-up and salary structure.”
– Employee’s Tax and Benefits Workshop Attendee
ABOUT THE SPEAKERS
Jerry Botha
Jerry has over 25 years of experience and is a well-respected and leading tax professional in South Africa. He enjoys presenting and is passionate about tax and international individuals. Jerry founded Tax Consulting South Africa in 2005, which has become South Africa’s largest independent tax practice.
Jerry is the principal author of two editions of the LexisNexis “Expatriate Tax” textbook, as critically acclaimed by the esteemed Judge Dennis Davis. He was also the tax technical advisor to the Expatriate Petition Group, which argued against the complete repeal of the expatriate tax exemption in Parliament, resulting in a partial win; with the R1m (now R1,25m) threshold introduction in 2017.
Tanya Tosen
Tanya Tosen’s experience spans over the mobility, HRIS, payroll, tax, and benefits spheres.
She holds a B-com Financial Accounting degree, a Computer Science diploma as well as an Advanced Certification in Tax from the University of Pretoria.