Dividends, Distributions and Solvency Testing
A payment to shareholders is lawful only if the company can still pay its debts afterwards, and the directors who approved it carry the consequences if it could not. This course covers the test, the paperwork and the liability.
Course outline
What this programme covers, module by module.
- 01What counts as a distribution, beyond the ordinary dividend
- 02The solvency and liquidity test, and the window it applies over
- 03Evidence a board needs before it can rely on the test
- 04The resolution, the minute and the record that must survive
- 05Interim, final and scrip dividends, and shares bought back
- 06Withholding tax, accounting entries and the shareholder register
- 07When a distribution must be stopped, and recovery from directors
What you will gain
- Distinguish a dividend from other distributions
- Apply the solvency and liquidity test in practice
- Assemble the evidence a board decision needs
- Draft the resolution and the records behind it
- Account for and tax a distribution correctly
- Recognise when a payment must be withheld or recovered
Who should attend
- Directors approving payments to shareholders
- Company secretaries and governance officers
- Financial managers and accountants
- Auditors and corporate advisers
Upcoming sessions
| Date | City | Duration | Fees | Book |
|---|---|---|---|---|
| 27 to 28 Oct 2026 | Cape Town | 2 Days | R10,000 | |
| 30 Nov to 1 Dec 2026 | Johannesburg | 2 Days | R10,000 | |
| 8 to 9 Dec 2026 | London | 2 Days | US$1,100 | |
| 11 to 12 Jan 2027 | Dubai | 2 Days | US$1,100 | |
| 8 to 9 Mar 2027 | Pretoria | 2 Days | R10,000 | |
| 10 to 11 May 2027 | Durban | 2 Days | R10,000 | |
| 12 to 13 Jul 2027 | Cape Town | 2 Days | R10,000 |
Fees are per delegate and exclude VAT. Public intakes are confirmed once minimum numbers are met. We also deliver this course on your own schedule, in-house or live online.
Enquire about this course
Register your team or ask for a tailored in-house quote. We reply within one working day.
WhatsApp usCourse brochure (PDF)- Fees from
- R10,000 per delegate
- Duration
- 2 Days
- Field
- Directors & Company Secretarial
- Formats
- In-house, public, online
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