Tax and Loans – How Interest-Free and Undefined Repayment Terms Can Cost You

The purpose of this webinar is to understand loans, and to navigate the various taxing provisions that apply to various scenarios. There are so many pitfalls and risks, but attendees will be empowered to recognise these and help clients with practical solutions.

3 CPD units 14 May 2025 1 presenter

What will set you apart

By completing this course you will gain the following competencies

By attending this webinar you will gain the following competencies
1. Understand the elements of a loan.
2. There are so many tax provisions that apply, but how to navigate these provisions.
3. Practical steps that can be implemented to ensure the most tax efficient structures, while focusing on the key objective of the loan.
4. Consider some of the most significant risks.

Event breakdown

1. The essential elements of a legitimate loan
2. The various tax provisions that apply to loans (low interest, interest free, and donations)
3. Loan vs equity
4. Prescription of a loan
5. Forgiveness or compromises
6. Loans directly or indirectly to a trust
7. What the description of the loan in the financial statements let you about the loan
8. Common pitfalls and risks

Category: TaxationType: CPD CourseCPD category: Tax

Description

This webinar is designed to give tax practitioners and other professionals a working understanding of loans and the tax provisions, with practical tools and ideas to address the various risks and pitfalls. Getting it wrong is very costly and difficult to fix later. The session will look at the typical loan issues, such as the loan account that is used to get assets into a trust, loans to fund business start-up, loans between group companies, and many other loan scenarios. The session will also address common errors that could significantly cost the taxpayer.

Presenters

Ettiene Retief — Ettiene is an experienced accountant, business advisor and tax practitioner with over 30 years of experience in taxation, accounting, corporate law and compliance. He runs a specialist tax and corporate advisory practice and has extensive experience engaging with SARS, National Treasury and professional bodies on tax policy and legislation. Ettiene is also a seasoned lecturer, author and speaker, regularly presenting on taxation and related technical topics.

You will earn a certificate

On successful completion you will receive a certificate for 3 CPD units in Tax.

Requirements

Laptop, desktop, or mobile device with internet access
Microsoft Edge, Google Chrome, Safari, or Firefox browser