Advisory Explained

In this episode of Advisory Explained, host Kosie Kritzinger sits down with Lize Moldenhauer, Managing Director of Omni HR Consulting, to explore the importance of human capital in M&A transactions. They highlight why deals often fail because of people, not spreadsheets, and show how behavioural patterns, silent influencers, and leadership models impact outcomes before, during, and after a transac...

In this episode of Advisory Explained, host Kosie Kritzinger sits down with Bruno Schwalbach, CEO and CIO of Ironclad Asset Management, to explore the ecosystem behind fund management, hedge funds, and alternative investments. Their discussion unpacks the role of a fund manager compared to a hedge fund manager, and what sets a world-class wealth advisor apart. Bruno shares insight into how Ironcla...

In this episode of Advisory Explained, host Kosie Kritzinger sits down with Marcus Schaefer from Fairbridges to unpack shareholders' agreements and the importance of minority protection. Their discussion explores the difference between a shareholders' agreement and a Memorandum of Incorporation (MOI), along with the key rights and protections available to minority shareholders. Marcus explains con...

In this episode of Advisory Explained, Kosie is joined, once again, by Bobby Wessels from AJM to explore the complexities of Section 11(a) and the general deduction formula in South African tax law. Their discussion centres on the core requirements for deductibility, exploring how foundational case law applies to modern business challenges. They delve into high-stakes areas such as BEE-related exp...

Join host Kosie Kritzinger in this episode of Advisory Explained with Pieter Janse van Rensburg from AJM as they dive into the legal principle of rectification. The discussion explores what rectification is, how it functions within both contract and tax law, and why it serves as a vital tool for correcting honest mistakes in written agreements. Pieter shares international examples and practical in...

In this episode of Advisory Explained, host Kosie Kritzinger sits down with Dr Albertus Marais from AJM to examine the landmark Taxpayer G case and the current General Anti-Avoidance Rule (GAAR). Their discussion explores the shift from the old subjective test to the new objective test and what this evolution means for tax planning in South Africa. Dr Marais explains complex tax principles in clea...

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 ex...

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,...

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 m...

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,...

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...

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 Simulati...

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. List...

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...

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 fo...

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 th...

In this episode of Advisory Explained, host Kosie Kritzinger delves into the critical topic of business valuations, exploring their importance in making informed business decisions. The discussion covers three primary valuation methods: Net Asset Value (NAV), EBITDA multiples, and Discounted Cash Flow (DCF). Each method is examined in detail, highlighting their applications, advantages, and the co...

In this episode of Advisory Explained, host Kosie Kritzinger engages with legal expert Robert De Rooy to explore the critical role of legal advisors in complex business transactions. They discuss the importance of building strong relationships with legal counsel, the necessity of early involvement in deals, and the distinction between transactional and relational agreements. Robert introduces the...

In this episode, Kosie Kritzinger speaks with PR Nel from KUDA FX. Together they delve into foreign exchange (forex) risk management, focusing on South African businesses and individuals involved in cross-border transactions. The discussion covers the volatility of the South African rand, the importance of tailored risk mitigation strategies, and the value of personalized advisory services. www.ba...

In this episode, Kosie Kritzinger delves into the complexities of corporate restructuring. The discussion covers the reasons behind restructuring, key considerations, the steps involved, and the essential tools and techniques used in the process. Emphasizing the importance of having the right advisors, the episode highlights that restructuring is not merely about change but about strategically pos...

In the first episode of Advisory Explained, Kosie Kritzinger introduces the podcast, produced by Baker Tilly Greenwood, an independent auditing, accounting, and advisory firm based in Cape Town. The podcast aims to simplify complex business concepts such as transactions, tax structuring, and valuations. Kosie highlights Baker Tilly Greenwood's commitment to understanding client needs and providing...

Welcome to Advisory Explained. Whether you're a business owner navigating complex decisions or a professional looking to align with a forward-thinking firm, this podcast is your go-to resource for expert insights. From tax structuring, mergers & acquisitions, valuations, and business consulting, Advisory Explained, hosted by Kosie Kritzinger will help you understand the fine print. Our first seaso...