Earlier this year, Glacier took the decision to host its popular, annual tax seminars online. In partnership with Diane Seccombe, a renowned expert on the tax laws that govern investments, we’ve put together an online tax workshop that can be accessed remotely.
In these online sessions, comprised of nearly four hours of video recordings, the focus is on matters related to tax and emigration. Some clients may be considering emigration while others may have changed their tax residence. These clients need to understand the full tax implications and the right SA has to tax post-emigration (non-resident) earnings. Diane discusses the effect of Double Tax Agreements, tax on specific SA investments, transferring funds out of SA, accessing monies in retirement funds, and more.
Online Details
Click here to access the information.
You can access this at any time at your own convenience – until 31 August 2021. The course will have a self-enrolment option via Sanport.
CPD points
Four verifiable CPD points will be awarded for the full completion of the course (valid until 31 August 2021).
The CPD certificate will be generated immediately once all questions have been answered with a 60% pass rate.
Additional information & online discussions
National Treasury has now provided feedback and dates in respect of the proposed tax changes that may limit emigrant access to retirement funds. The proposed changes legitimately raise concern but also make clear the need to fully understand the relevant tax principles around the proposed changes to explore possible tax planning in this regard. As well as planning for monies in Funds, taxpayers are also considering the continued viability of maintaining an SA trust post emigration.
Further to this latest announcement, we will be hosting a session with Di Seccombe – offered on two dates, 23 & 25 November – where she will be discussing this latest response from Treasury and will provide an overall view of these issues, using the tax principles set out in the online workshops. Please speak to your Glacier representative for more information.
Read "Emigration: A taxing decision"
Read "Paying estate duty on excess fund contributions"
View the Q&A by Diane Seccombe
