Tax Break: South African tax for professionals

Professor Pieter van der Zwan | South African Tax Specialist

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, accountants, lawyers and corporate finance professionals on South African tax and IFRS. In each episode he discusses a topic or a recent development in South African tax including new cases, changes to the legislation, SARS guidance and topics that often surface in his consulting practice. And each episode is only 10-15 minutes long, just enough for you to listen to during your coffee break!

  1. 17 min ago

    Episode 84: When do you need to look past the label of a transaction to determine its tax implications?

    Does the label you put on a contract or transaction determine its tax consequences? So practically - if you call an agreement a loan, are the cash flows interest that qualify for deduction, or if an agreement is a lease, are the cash flows deductible rent? In C:SARS v Meiring Citrus, the Western Cape High Court considered whether the premiums on a contract that was called an insurance policy were deductible. In this episode, I look at some of the key aspects of the judgment dealing with the nature of the underlying transaction. I conclude with my take on what you, as a professional working with South African tax every day, should take from this case. You can contact me at ⁠pieter@pvdz.co.za⁠ if you have any feedback on the episode or require tax advice. There are more resources available at https://tax.pvdz.co.za.

    Episode 84: When do you need to look past the label of a transaction to determine its tax implications?

  2. 23 Jul

    Episode 83: Be sure about zero-rated supplies

    Zero-ratings are complex and often underestimated by taxpayers and their advisors. The exposure may be significant if you get it wrong, especially on recurring transactions. Interpretation Note 31 is an essential part of applying a zero-rating. SARS issued a revised version of this interpretation note (Issue 5), nearly 10 years since the previous version. In this episode, I discuss zero-rating, the documentary requirements and some of the changes to Interpretation Note 31.  You can contact me at ⁠pieter@pvdz.co.za⁠ if you have any feedback on the episode or require tax advice. My website contains more resources and articles that may interest you  – ⁠https://tax.pvdz.co.za⁠. You are welcome to take a look!

    Episode 83: Be sure about zero-rated supplies

  3. 16 Jul

    Episode 82: Taxation of crypto assets

    SARS issued a draft guide on the taxation of crypto assets. In this episode, I discuss a few aspects of this draft guide that I believe offer valuable insights into SARS’ position on these assets. You can contact me at ⁠pieter@pvdz.co.za⁠ if you have any feedback on the episode or require tax advice. My website contains more resources and articles that may interest you  – ⁠https://tax.pvdz.co.za⁠. You are welcome to take a look!

    Episode 82: Taxation of crypto assets

  4. 9 Jul

    Episode 81: What is section 42 not? (Part 2)

    Section 42 of the Income Tax Act provides relief for asset-for-share transactions. In this episode, I discuss some anti-avoidance rules to consider when dealing with asset-for-share transactions. You can contact me at ⁠pieter@pvdz.co.za⁠ if you have any feedback on the episode or require tax advice. My website contains more resources and articles that may interest you  – ⁠https://tax.pvdz.co.za⁠. You are welcome to take a look!

    Episode 81: What is section 42 not? (Part 2)

  5. 2 Jul

    Episode 80: What is section 42? (Part 1)

    Section 42 of the Income Tax Act provides relief for asset-for-share transactions. In this episode, I discuss how the provision works, some of its history and context as well as its purpose.  You can contact me at ⁠pieter@pvdz.co.za⁠ if you have any feedback on the episode or require tax advice. My website contains more resources and articles that may interest you  – ⁠https://tax.pvdz.co.za⁠. You are welcome to take a look!

    Episode 80: What is section 42? (Part 1)

  6. 15 Jun

    Episode 79: Interest or not?

    When does the tax law require a person to charge interest? The answer is never. It only sets out what the tax implications are if parties do not charge interest. In this episode, I talk about tax implications that may affect the decision to charge interest or not. If you have an idea or suggestion for an episode or would like to see and vote for suggestions by other listeners, please visit the Tax Break app at https://tax.pvdz.co.za/app. You can contact me at ⁠pieter@pvdz.co.za⁠ if you have any feedback on the episode or require tax advice. My website contains more resources and articles that may interest you  – ⁠https://tax.pvdz.co.za⁠. You are welcome to take a look!

    Episode 79: Interest or not?

  7. 8 Jun

    Episode 78: Timing matters

    Taxpayers often suggest that as long as SARS taxes an amount, or a deduction is only claimed once, then that should be acceptable. This is however not correct – the timing of the inclusion or deduction matters. In this episode, I speak about a recent tax court case that illustrates the importance of timing. If you have an idea or suggestion for an episode or would like to see and vote for suggestions by other listeners, please visit the Tax Break app at https://tax.pvdz.co.za/app.  You can contact me at ⁠pieter@pvdz.co.za⁠ if you have any feedback on the episode or require tax advice. My website contains more resources and articles that may interest you  – ⁠https://tax.pvdz.co.za⁠. You are welcome to take a look!

    Episode 78: Timing matters

  8. 25 May

    Episode 77: Partnership tax

    SARS recently launched the IT3(BO) third party declaration process that relates to the income tax of partnerships. I take this opportunity to discuss some of the key principles of partnership taxation in this episode. If you have an idea or suggestion for an episode or would like to see and vote for suggestions by other listeners, please visit the Tax Break app at https://tax.pvdz.co.za/app. You can contact me at ⁠pieter@pvdz.co.za⁠ if you have any feedback on the episode or require tax advice. My website contains more resources and articles that may interest you  – ⁠https://tax.pvdz.co.za⁠. You are welcome to take a look!

    Episode 77: Partnership tax
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About

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, accountants, lawyers and corporate finance professionals on South African tax and IFRS. In each episode he discusses a topic or a recent development in South African tax including new cases, changes to the legislation, SARS guidance and topics that often surface in his consulting practice. And each episode is only 10-15 minutes long, just enough for you to listen to during your coffee break!

Information

  • Creator
    Professor Pieter van der Zwan | South African Tax Specialist
  • Years Active
    2024 - 2026
  • Episodes
    85
  • Rating
    Clean
  • Copyright
    © Professor Pieter van der Zwan | South African Tax Specialist
  • Show Website
    Tax Break: South African tax for professionals