Fringe Benefits & Tax Course

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

Lesson Outline

Most employers offer their employees competitive wages and salaries. But in order to hire and retain the best talent, employers usually include other perks in their contracts. While these benefits do not increase the employees bank account balance, they can make the compensation package much more attractive.

This session unpacks some of the most common fringe benefits and how it should be applied when calculating tax.

TOPICS DISCUSSED:

  • Free/cheap assets
  • Right of use of an asset
  • Right of use of a motor vehicle
  • Meals, refreshments
  • Residential accommodation
  • Free or cheap services
  • Benefits in respect of loans
  • Benefit funds
  • Medical expenses
  • Insurance policies
  • Retirement funds
  • Payment of employees’ debt
  • Allowances
  • Transport allowance
  • Travel allowance
  • Subsistence allowance

All Included:

  • Downloadable course material
  • Certificate of training
  • Optional assessment
  • SAIT Accredited - 4 verifiable CPD points