Business Entities and Tax Course

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

Lesson Outline

As a tax professional, learners are immediately confronted with large volumes of detailed tax theory, and struggle to understand how the theory fits into the end goal of preparing tax computations.


This course has been designed to develop a foundation of simple application upon which the complexities of taxation can be built at a later stage. The approach is practical rather than theoretical.





Topics Discussed:



  • Independent Contractors and sole traders

    • Independent Contractor

    • Case Study

    • Sole Traders

    • Multiple trades


  • Partnerships

  • Companies

    • Definition of company

    • Financial year end and year of assessment

    • Specified date

    • Equity Share Capital

    • Public and private companies

    • Calculation of a company’s tax liability

    • Rates of normal tax


  • Small business corporations

  • Close Corporations

    • Tax Implications of close corporations


  • Dividends tax

  • Provisional tax

    • Provisional tax payments

    • Two-tier system

    • Penalties: First, Second and Third payments

    • Prescribed rate of interest






All Included:



  • Video presented course

  • Downloadable course material

  • Certificate of training

  • Assessment (optional)