Company Tax Calculations

Price:
R565.00 (VAT Incl.)
Level:
Tax Professionals
Sub-level:
Taxation
Lecturer:
Biz Facility
Duration:
180 Minutes
Additionals:
   CPD Assessment
   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:

  1. Income
  2. Gross Income – Definition & Specific inclusions
  3. Exempt Income
  4. Deductions
  5. General deductions
  6. Specific deductions
  7. Capital allowances
  8. Taxable capital gains
  9. Taxation payable for different companies
  10. SA Companies
  11. Small business corporations
  12. Nonresident companies
  13. Dividend tax
  14. Contributed tax capital
  15. Exemptions for dividend tax
  16. Tax implications of dividends to shareholders
  17. Trading stock
  18. Expenditure and allowances relating to Capital Assets
  19. Learnership Agreements
  20. Prepaid expenses