With the tax season opening in September, it is important for every company to understand how their income tax return is filed and ultimately how their tax is calculated.

This course wishes to inform the taxpayer how to submit their company tax return, and the relevant rules and regulations regarding company taxation

Topics Discussed:

• Introduction to company taxation and the current tax rates for normal businesses and small business corporations.


• Brief recap on the general deduction formula and claimable expenditure as a company. (Section 11a of the Income Tax Act)


• Requirements to qualify as a Small Business Corporation


• Introduction to the ITR14 Wizard Form


• Changes regarding shareholding being disclosed on your ITR14 from 2023 onwards and the Share Register Form


• Interpreting Financial Statements – how to include your balance sheet and income statement on the ITR14.


• How to include Capital Gains on your ITR14 (immovable property / cryptocurrency examples to be used)


• Provisional Taxes and Foreign Withholding Taxes – How this affects your final tax liability due.


• Tax Computation: debit and credit adjustments, a summary of commonly used adjustments for companies.(Provisions, Tax allowances etc)


• The S12BA Solar Rebate: New to 2024!


• The ruling behind assessed losses and the 80% assessed loss limitation: Applicable from Year Ends After 31 March 2023 onwards

All Included:

• Video presentation


• Downloadable course material


• Certificate of training


• Assessment (optional)