Tax Happy Hour Debt Forgiveness, Debt provision and write off

Writing off debt feels like a clean accounting decision, but it often carries hidden tax and VAT consequences. Many problems arise when provisions, write-offs, or forgiveness are processed without understanding the tax impact. This session focuses on how debt is treated in practice, not just accounting entries. It explains when deductions are allowed, when VAT adjustments apply, and why SARS often disputes these transactions. The session is practical and example-driven. Delegates will learn how to distinguish between provisions and write-offs, manage client expectations, and avoid tax mistakes that only surface years later during audits.