The Financial Planning Institute of Southern Africa’s Tax Planning workshop to tackle current changes in the industry

The Financial Planning Institute of Southern Africa’s Tax Planning workshop to tackle current changes in the industry

Johannesburg: The tax landscape in South Africa is vibrant and dynamic, with changes and amendments introduced regularly. In the financial services environment there are various tax avoidance structures and, if those shift to tax evasion, you are beginning to talk about money laundering – which results in a breach of the Financial Accountability & Corporate Transparency (FACT) recommendations. Furthermore, a change introduced by the South African Revenue Service (SARS) came into effect on 1 March 2022, requiring annuity providers to withhold a fixed tax rate higher than the rate applied based on the personal income tax table for some clients’ living annuity income from the 2022/2023 tax year. 

Join the Financial Planning Institute of Southern Africa (FPI), on 29 November 2022,  for a workshop  on Tax Planning for an in-depth presentation on these topics. This will be a half-day online webinar to take place between 09:00 and 12:20, presented by Madeleine Schubert and Dr Marius Botha, CFP®

Madeleine Schubert’s presentation, titled Blacklist and Russians – Tax Avoidance vs Tax Evasion, will discuss the purpose of the Financial Action Task Force and its recommendations which can result in countries being included on black and/or grey lists as non-compliant – especially with South Africa having been subject to a FACT review with the potential of being added to the grey list.  

This will be followed by a presentation by Dr Marius Botha, CFP®, titled Living Annuities, which will address South Africa’s tax laws pertaining to living annuities, and look at the change aimed at reducing the tax shortfall clients may face at the end of the tax year by applying fixed tax rates calculated by SARS to living annuity income.

The Speakers

Madeleine Schubert is an International, Domestic Tax and Fiduciary Attorney, her professional qualifications include, BProc (cum laude), HdipTax, MCom, designation TEP and Qualified Transformational Business Coach. She worked for Deloitte, KPMG and Ernst Young in various capacities before returning to law at Shepstone and Wylie Attorneys as an associate Partner then joined the Financial, Commercial and Fiduciary Industry at Citadel Investment Services as director of strategy, then subsequently Sentinel International Advisory Service as joint managing director. Madeleine is a Senior Tax Lecturer for CTA students – CA (SA) for more than 15 years, a member of the Legal Society of South Africa, Member of the German-South African Lawyers Association, Member of STEP and FISA.

Dr Marius Botha, CFP®, is a long-standing member of the FPI. He has been an independent trainer in the industry for many years. He has acted as examiner and moderator for a variety of institutions and is part of the team that updates the South African Financial Planning Handbook. He received the Harry Brews’ Award from the FPI in 2015 and was awarded the degree Doctor of Laws (Honorary Doctorate) by the University of the Free State in 2017.

The total number of CPD hours an attendee can gain by attending the 2022 Tax Planning workshop is 3 CPD Hours, broken down as follows:

    • 1.5 Technical
  • 1.5 Ethics


Date and time: Tuesday, 29 November 2022 | 09h00 – 12h00 

Venue: Online (This is an online event only. A link will be sent to all paid registrants beforehand to join the live session. A recording will also be made available for those who cannot attend on the day)


FPI Designated Member (CFP®, FISA®, RFPTM, FSATM): R400 per individual
Non-Members R500 per individual

Bulk Bookings R400 per individual

Enquiries to be sent to

By the Financial Planning Institute of Southern Africa

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