Assessed loss balances Company and individual limitations explained

Price:
R325.45 (VAT Incl.)
Level:
Tax professionals
Sub-level:
Income tax
Lecturer:
Corlia Faurie
Duration:
90 Minutes
Additionals:
   CPD Assessment
   Certificate

Lesson Outline


"Whether they are new or existing, the provisions governing the utilisation of assessed losses may be baffling to many. For individuals and companies alike, understanding these rules is the first step in applying them correctly.
Join us for an informative session as we explore and explain the existing rules and the impact of amendments to these provisions."
"This session will cover the following:
- Overview of current year assessed losses vs assessed loss balances brought forward
- The requirements and limitations on utilising an assessed loss balance brought forward (for individuals as well as companies)
- The ""trade"" requirement, multiple trades and the implications of not conducting a trade"