This is one of the key messages discussed at a tax seminar held recently at Accsys and presented by acclaimed tax expert Professor Jackie Arendse.
Accsys, a member of the Business Connexion Group (BCX), is a national supplier of people management software and hardware solutions within the HR, payroll and time & attendance space.
The seminar covered South Africa’s 2012 National Budget and included anticipated changes to personal income tax (changes to tax rates, exemptions and rebates), new medical aid tax breaks, proposed carbon taxes, the National Health Insurance update as well as corporate and other income tax changes.
The successful, interactive session provided a comprehensive overview of government tax proposals for business and private individual taxpayers. Reference was made to the role of corporate in helping government address the issues of skills development, job creation and sustainability.
Professor Arendse is the Head of the School of Accountancy at Wits University and has lectured, researched and penned several works on all aspects of tax for twelve years
She also serves on the South African Institute of Chartered Accountants (SAICA) Education Committee and has previously Chaired the National Technical Committee of the South African Institute of Tax Practitioners (SAIT).
Teryl Schroenn, CEO at Accsys, says the presentation was well attended and attracted interest from a significant number of both clients and non-clients.
“Tax has always been a subject that affects businesses of any size and focus. It is an aspect of business and payroll management that affects all levels of operation because it relates to the ‘bread and butter’ of the business. We consider this one of our most strategic and most important hosted events,” says Schroenn.
“Professor Arendse is not only an expert in her field, but also an excellent presenter who always builds a strong rapport with the audience.”
For more information about the implications of current and new tax legislation, click through to www.accsys.co.za or 0861 ACCSYS