Price:
R422.05 (VAT Incl.)
Level:
Auditing Professionals
Sub-level:
Auditing
Lecturer:
Carmen Westermeyer
Duration:
120 Minutes
Additionals:
R422.05 (VAT Incl.)
Level:
Auditing Professionals
Sub-level:
Auditing
Lecturer:
Carmen Westermeyer
Duration:
120 Minutes
Additionals:
CPD Assessment
Certificate
Certificate
Lesson Outline
Leasing is an area that is often misunderstood from a tax point of view.
This session aims to look at the difference between sales of assets, leasing of assets and deferred sales.
The aim of this session is to cover the difference in meaning between sale, instalment sale agreement, instalment credit agreement and lease from both a VAT and Income Tax perspective.
This course will cover:
- The legal aspects of the various ownership transfer methods
- The differences in interpretation between Income Tax and VAT
- The potential income tax recoupment’s from leases
- How it all should be accounted for from an Income Tax and VAT perspective