In this episode of Advisory Explained, host Kosie Kritzinger is joined once again by Bobby Wessels from AJM as they lift the lid on Section 8C of the Income Tax Act - the rule that turns equity-based remuneration into ordinary income once restrictions fall away.

The discussion unpacks what Section 8C is, how it works, and the role of employment-specific restrictions and vesting dates. They also explore the cashflow implications at vesting, the interaction between share-options and phantom-share schemes, and why these alternatives don’t avoid the 8C rules.

Listeners will also hear about the potential benefits of Section 8C, along with key takeaways and red flags to look out for when dealing with restricted shares or employee share-incentive schemes.

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In this episode of Advisory Explained, host Kosie Kritzinger sits down with Elizabeth Fick, Head of Tax & Fiduciary at Investec, to unpack the complexities of exit tax when leaving South Africa.

The discussion explores what SARS expects when you cease South African tax residency, and what SARB requires to transfer funds offshore. They cover the fundamentals of exit tax, which assets are excluded, liquidity considerations, when the exit charge becomes due, and why planning ahead is essential.

Elizabeth also shares a high-level step-by-step guide to navigating both SARS and SARB, while highlighting common pitfalls individuals often overlook when setting up their exit strategy.

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In this episode of Advisory Explained, host Kosie Kritzinger sits down once again with Bobby Wessels from AJM to explore what he calls the true superpower of a great advisor: weaving commercial rationale into a transaction while keeping it tax efficient.

Their conversation covers three key aspects:

1. Why advisors aren’t “one-size-fits-all” - and how choosing the right advisor at the right stage makes all the difference.

2. How to balance commercial soundness with tax efficiency, avoiding unnecessary tax leakage.

3. The value of a well-drafted tax opinion in safeguarding a transaction.

This episode is packed with practical insights for advisors and clients navigating complex deals.

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In this episode of Advisory Explained, host Kosie Kritzinger is joined by Johan Bashford and Rudolph de Jager from Baker Tilly Greenwoods’ Financial & Tax Due Diligence team.

They break down what due diligence really means, why it’s such a critical part of mergers and acquisitions, and how it shapes deal readiness. The discussion goes beyond the basics, diving into common red flags, key triggers, and industry-specific nuances that advisors and clients should look out for.

Whether you’re on the buy-side or sell-side, this episode highlights how proper due diligence can make or break a transaction.

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In this episode of Advisory Explained, host Kosie Kritzinger sits down again with Irma Lategan from Investec’s tax and fiduciary team to demystify the world of offshore trusts.

Irma and Kosie discuss the primary advantages of offshore trusts, when individuals and families should start considering them, and the common pitfalls to avoid when setting up offshore structures. They also unpack the main ways to fund an offshore trust, weighing up the pros and cons of each approach.

This episode offers valuable insights for anyone looking to understand how offshore trusts fit into a holistic wealth and legacy strategy.

bakertillygreenwoods.co.za

In this episode of Advisory Explained, host Kosie Kritzinger is joined again by Bobby Wessels from AJM, where they delve into two big tools in SARS’s toolkit to take on interesting transactions.

Their discussion unpacks the nuances of GAAR, exploring its place within the Income Tax Act, providing a practical example, and outlining the key elements to consider. Bobby and Kosie shift to the Simulation Doctrine, where they explain how courts strip away form to reveal substance.

Listeners will gain valuable insights into the General Anti-Avoidance Rule, the Simulation Doctrine, and how to navigate these SARS tools.

bakertillygreenwoods.co.za

In this episode of Advisory Explained, host Kosie Kritzinger sits down with Driaan Byleveldt, the Xero Director at Baker Tilly Greenwoods, to discuss the benefits of Xero cloud accounting for both accountants and business owners.

Their discussion explores Xero's applicability in today's digital landscape, and they delve into how maintaining clean numbers can make a business M&A or sale-ready.

Listeners will gain concrete steps to leverage Xero, build robust financial records, and prepare for their next major transaction.

bakertillygreenwoods.co.za

In this episode of Advisory Explained, host Kosie Kritzinger sits down with Irma Lategan, a specialist from Investec’s tax and fiduciary team, to unpack the complexities around South African residency.

The discussion explores the different types of residency, how they differ and why the distinctions matter. They also delve into the role of Double Tax Agreements (DTAs) in cross-border planning, and examine Section 6quat, which deals with foreign tax credits and relief.

Listeners will come away with a clearer understanding of how residency impacts tax obligations, offshore structuring, and exchange control.

bakertillygreenwoods.co.za

In this episode of Advisory Explained, host Kosie Kritzinger is joined by Bobby Wessels from AJM to unpack the complexities of specific anti-avoidance provisions in South African tax law.

Their discussion centres on two key provisions: Paragraph 43A of the Eighth Schedule and Section 8E of the Income Tax Act. Together, they explore how these rules function, when they apply, and the implications for taxpayers and advisors navigating transactions that may fall within their scope.

Listeners will gain insights into the purpose behind these anti-avoidance measures and how to approach them in practice.

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This episode of Advisory Explained delves into the intricate world of mergers and acquisitions (M&A), exploring the essential components that contribute to successful transactions.

Host Kosie Kritzinger outlines the types of M&A, key terminology, necessary documentation, team building, and the importance of planning for both the transaction and post-merger integration.

The discussion emphasizes that M&A is not just about financial gains but also about strategic alignment, cultural integration, and long-term success.

www.bakertillygreenwoods.co.za