Price:
R476.10 (VAT Incl.)
Level:
Tax Professionals
Sub-level:
Taxation
Lecturer:
Corlia Faurie
Duration:
120 Minutes
Additionals:
R476.10 (VAT Incl.)
Level:
Tax Professionals
Sub-level:
Taxation
Lecturer:
Corlia Faurie
Duration:
120 Minutes
Additionals:
CPD Assessment
Certificate
Certificate
Lesson Outline
This lesson covers the following:
• A comparison between the accounting and income tax treatment of leases (including income tax deductions available for lease payments, lease premiums and leasehold improvements)
• The VAT treatment of leases
• The deferred tax implications of leases
• The above matters are discussed for each of the three kinds of leases (operating and finance leases, and instalment sales agreements), and are discussed from the perspective of each party to the transaction (lessor/seller and lessee/buyer).
• This lesson is not intended to provide in-depth coverage of the treatment of leases in terms of IFRS 16 for accounting purposes
• A comparison between the accounting and income tax treatment of leases (including income tax deductions available for lease payments, lease premiums and leasehold improvements)
• The VAT treatment of leases
• The deferred tax implications of leases
• The above matters are discussed for each of the three kinds of leases (operating and finance leases, and instalment sales agreements), and are discussed from the perspective of each party to the transaction (lessor/seller and lessee/buyer).
• This lesson is not intended to provide in-depth coverage of the treatment of leases in terms of IFRS 16 for accounting purposes