Whether a property investor or developer, tax is an issue for you.
Tracing the transfer and ownership of property both locally and offshore is a simple administrative function and a method frequently used by SARS in tracing and determining the risk assessment profile of high net worth individuals, Trusts and property development activities.
Property remains one of the most popular investment asset choices as indicated by the highly welcomed proposals in respect of the Real Estate Investment Trust (REIT) structure in the 2012 Taxation Laws Amendment Bill. Despite this, many taxpayers are unaware of the multitude of tax consequences surrounding the ownership, letting and development of property.
This seminar will address a range of relevant issues and assist taxpayers in ensuring that property transactions entered into do not give rise to any nasty and often unexpected tax consequences due to poor tax planning and a lack of proper recordkeeping.
- Property investment
- Proof of investment intention to avoid increased tax on disposal
- Vacant land
- Property unit trusts and the proposed REIT structure
- Purchasing distressed property for re-sale
- Property development
- When does investment property turn into trading stock?
- Subdivision of land and buildings
- Fractional ownership
- Capital allowances
- Letting of property
- Deductible expenses
- Ring-fencing of rental losses
- In which entity should property be held for general tax efficiency?
- Use of trusts vs private ownership
- Primary residence
- Effect of a home office/rental on primary residence exclusion
- Records you must keep
- Window to transfer residence out of a company or trust closing Dec 2012.
- Transfer Duty
Who should attend
- Property investors
- Asset managers
- Tax Specialists
- Property Tax Managers
- Property Developers
- Commercial property attorneys
- Tax practising attorneys
- Professional and corporate advisors
- Financial consultants
- Business professionals
About the presenter
Di Seccombe (B Com, LLB, LLM (Taxation)
Di Seccombe is an admitted attorney with a Masters degree in taxation and has been involved in tax for over 10 years. Di is currently the National Head of Tax training and Presentations with Mazars and in this capacity provides tax training to Mazars partners, staff and clients on a national basis. Di also consults on Income Tax matters including, Corporate, Individual and International tax as well as VAT.
Di presents tax seminars on a national basis, focusing on general as well as specialised tax topics. Di still lectures part time for the National School of Accounting to assist up and coming CA's with passing the UNISA CTA (Hons) programme.
Di started her tax career as a full time academic with the University of KwaZulu-Natal before moving into practice. She has presented numerous tax seminars with great success to attendees ranging from JSE Corporate advisers to smaller tax practitioners and is a popular lecturer amongst her students. Di's primary focus in any presentation is that attendees find the material relevant and presented in an understandable and accessible manner.
Attendance will secure 4 hours verifiable CPD points, including other professional bodies (i.e. SAIBA, SAIPA, SAICA, ACCA, IAC, ICB, FPI, CSSA, LSSA, FISA)
SAIT Members: R850.00
Affiliated Members: R950.00
(includes SAIBA, SAICA, SAIPA, ACCA, IAC, ICB, FPI, CSSA, LSSA, FISA) members