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2014 Webinar: A closer look at the new debt reduction regime
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When: 20 November 2014
From 15h00 pm to 17h00
Where: webinar online session
Presented live from
South Africa
Contact: Silvia Motaung

Online registration is closed.
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A closer look at the new debt reduction regime


Due to the current weak economy and indebtedness of taxpayers a new debt reduction regime was recently introduced. This webinar will cover the principles of Section 19 and will illustrate the tax implications under the various scenario's of debt relief resonating under either paragraph 12A of the Eighth Schedule or Section 8(4)(a) of the Income Tax Act and will illustrate the differences. It will also highlight some of the uncertainties contained within the legislation governing debt relief. The tax implications of debt relief between connected persons will also be discussed.


Mr Herman Viviers

Herman is a senior lecturer in taxation at the North-West University (NWU) where he is the subject head of the Honors Taxation CTA Program. He teaches taxation to honors and third year chartered accountancy degree students. He received the award as the best lecturer on the NWU's Potchefstroom Campus for 2013 as well as the Vice-Chancellor's Prestigious Award for Teaching Excellence as the best lecturer over all three the campuses of the NWU in 2013.

He is a qualified Chartered Accountant, has a Master's degree in Taxation and completed his articles at PWC. He lectured taxation on the Master's as well as the Honors level at Stellenbosch University and was responsible for the taxation component of the Post-Graduate Diploma in Financial Planning at the Stellenbosch Business School. Since joining the NWU in 2012, Herman has been involved in presenting technical training and workshops for professional bodies. He is also a presenter of the Tax Professional Knowledge Competency Assessment Preparation course preparing candidates for the SAIT Knowledge Competency assessment since 2013.

Herman has published in both accredited academic journals as well as popular tax and accountancy magazines (including TaxTalk).


This event and successful completion of the online assessment will secure 2 hours verifiable output   TAXCPD points/units.

Including the following professional bodies. (AICA, CIMA, SAIPA, SAIBA, ACCA, FPI, CSSA, LSSA, FISA, ICBA, IAC, AAT)

Event Investment

Monthly CPD Subscribers: Free

Member: R290.00
Affiliated: R300.00
Non-member: R350.00
Click here to register for the Webinar

Payments & Cancellations

All payments must be made by EFT or by credit card, at least 3 working days before commencement of an event.


  • Proof of payment will be requested at registration, if payment at that point in time has not been reflected on SAIT's bank account.
  • Only written notice of cancellation will be recognised.
  • Conditions:
    • If the cancellation occurs more than 30 days prior to the event no cancellation fee will be charged.
    • If the cancellation occurs less than 30 but more than 10 days prior to the event a 50% cancellation fee will apply.
    • If the cancellation occurs less than 10 days prior to the event a 100% cancellation fee will apply.
  • Delegates who book and fail to attend will be liable for the full event fee.
  • SAIT's liability in the case of an event being cancelled will be limited to a refund or credit of the event fee.


Section 240A of the Tax Administration Act, 2011 (as amended) requires that all tax practitioners register with a recognized controlling body before 1 July 2013. It is a criminal offense to not register with both a recognized controlling body and SARS.


The Act requires that a minimum academic and practical requirments be set to register with a controlling body. Click here for the minimum requirements of SAIT.

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