Assessed Losses SARS Will Ring-Fence or Disallow
Assessed losses are heavily scrutinised by SARS. This session helps accountants understand when losses are allowed and when they will be restricted or denied.
What will set you apart
By completing this course you will gain the following competencies
- Understand how ring-fencing rules operate in practice
- Identify income and activities subject to ring-fencing
- Protect legitimate losses in line with tax legislation
- Apply ring-fencing rules correctly to avoid disallowances
Event breakdown
- When assessed losses are allowed
- Ring-fencing rules explained simply
- Common mistakes in loss claims
- SARS focus areas
- Protecting legitimate losses
- Managing client expectations
- Practical compliance guidance
Description
Many clients assume losses can always be used to reduce tax. In practice, SARS often restricts or disallows them.
This session focuses on how assessed losses are treated in real cases. It explains the ring-fencing rules in simple terms, why SARS challenges certain activities, and where accountants commonly go wrong.
The session is practical and risk-focused. Delegates will learn how to apply the rules correctly, manage client expectations, and avoid disputes that arise when losses are denied.
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 2 CPD units in Taxation.
Requirements
- Laptop, desktop, or mobile device with internet access
- Microsoft Edge, Google Chrome, Safari, or Firefox browser