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:
• All fringe benefits and allowances governed by the Income Tax Act such as:
o Travel allowances
o Subsistence allowances
o Right of use of a motor vehicle
o Right of use of other assets
o Free or cheap services
o Staff loans
o Housing
o Other allowances and benefits
• The responsibilities of employers for withholding taxes, as well as possible VAT implications on certain fringe benefits
• The employee’s responsibility for record keeping in order to claim deductions against allowances and benefits upon assessment
• Administrative provisions related to the tax return
• All fringe benefits and allowances governed by the Income Tax Act such as:
o Travel allowances
o Subsistence allowances
o Right of use of a motor vehicle
o Right of use of other assets
o Free or cheap services
o Staff loans
o Housing
o Other allowances and benefits
• The responsibilities of employers for withholding taxes, as well as possible VAT implications on certain fringe benefits
• The employee’s responsibility for record keeping in order to claim deductions against allowances and benefits upon assessment
• Administrative provisions related to the tax return