Price:
R345.00 (VAT Incl.)
Level:
Tax professionals
Sub-level:
Income tax
Lecturer:
Biz Facility
Duration:
180 Minutes
Additionals:
R345.00 (VAT Incl.)
Level:
Tax professionals
Sub-level:
Income tax
Lecturer:
Biz Facility
Duration:
180 Minutes
Additionals:
CPD Assessment
Certificate
Certificate
Lesson Outline
Corporate tax refers to a tax charged by the government on a company’s profits or net income. A business earns profits from different sources such as sales, capital gains, commission, and rent, among others. The tax imposed on these earnings is an essential source of revenue for the government. During this session, all the different revenues taxable under South African law as well as the deductions allowed, will be unpacked in detail, in order to assist the learner to calculate the company tax obligations, correctly.
Content discussed:
Income
Gross Income – Definition & Specific inclusions
Exempt Income
Deductions
General deductions
Specific deductions
Capital allowances
Taxable capital gains
Taxation payable for different companies
SA Companies
Small business corporations
Nonresident companies
Dividend tax
Contributed tax capital
Exemptions for dividend tax
Tax implications of dividends to shareholders
Trading stock
Expenditure and allowances relating to Capital Assets
Learnership Agreements
Prepaid expenses
Content discussed:
Income
Gross Income – Definition & Specific inclusions
Exempt Income
Deductions
General deductions
Specific deductions
Capital allowances
Taxable capital gains
Taxation payable for different companies
SA Companies
Small business corporations
Nonresident companies
Dividend tax
Contributed tax capital
Exemptions for dividend tax
Tax implications of dividends to shareholders
Trading stock
Expenditure and allowances relating to Capital Assets
Learnership Agreements
Prepaid expenses