Tax exempt bursaries

Price:
R293.94 (VAT Incl.)
Level:
Tax Professionals
Sub-level:
Taxation
Lecturer:
Corlia Faurie
Duration:
60 Minutes
Additionals:
   CPD Assessment
   Certificate

Lesson Outline


This lesson covers the following:
• The detailed exemption requirements for bursaries granted:
o What constitutes a bona fide bursary
o What constitutes a recognised educational or research institution
o Specific considerations when granting a bursary to an employee
o Specific considerations when granting a bursary to a relative of an employee
• Brief overview of learnership allowances
• Tax treatment of other related items:
o Rewarding an employee for completion
o Reimbursing study expenses
o Taking over responsibility for a study loan
o PAYE considerations