Tax Happy Hour Debt Forgiveness, Debt provision and write off
Debt forgiveness and write-offs are often handled incorrectly. This session helps accountants understand the tax and VAT impact and avoid mistakes that SARS regularly challenges.
1 CPD unit April 23, 2026 1 presenter
What will set you apart
By completing this course you will gain the following competencies
- Understand the tax and VAT treatment of debt provisions, write-offs, and debt forgiveness
- Identify key compliance requirements and risk areas
- Recognise where accountants are most exposed to errors and potential disputes
Event breakdown
- Difference between provisions and write-offs
- Tax treatment of bad debts
- VAT implications explained simply
- Common mistakes in practice
- SARS audit focus areas
- Managing client expectations
- Practical risk controls
Category: TaxationType: CPD CourseCPD category: Taxation
Description
Writing off debt feels like a clean accounting decision, but it often carries hidden tax and VAT consequences. Many problems arise when provisions, write-offs, or forgiveness are processed without understanding the tax impact.
This session focuses on how debt is treated in practice, not just accounting entries. It explains when deductions are allowed, when VAT adjustments apply, and why SARS often disputes these transactions.
The session is practical and example-driven. Delegates will learn how to distinguish between provisions and write-offs, manage client expectations, and avoid tax mistakes that only surface years later during audits.
Presenters
Johan Heydenrych — Johan
You will earn a certificate
On successful completion you will receive a certificate for 1 CPD unit in Taxation.
Requirements
- Laptop, desktop, or mobile device with internet access
- Microsoft Edge, Google Chrome, Safari, or Firefox browser