Price:
R345.00 (VAT Incl.)
Level:
Tax Professionals
Sub-level:
Taxation
Lecturer:
Corlia Faurie
Duration:
90 Minutes
Additionals:
R345.00 (VAT Incl.)
Level:
Tax Professionals
Sub-level:
Taxation
Lecturer:
Corlia Faurie
Duration:
90 Minutes
Additionals:
CPD Assessment
Certificate
Certificate
Lesson Outline
This lesson will cover the following:
• Tax treatment of each type of lump sum
– Benefits received upon retirement from pension, provident and retirement funds
– Benefits withdrawn before, upon or after retirement from funds
– Benefits received from employers (other than fund benefits)
– Transfer of benefits between funds
– Limitation on withdrawal amounts for certain funds
• Annuities
• Lump sums upon emigration
• Responsibility of employer or fund for withholding taxes on lump sums
• Responsibility of employee for record keeping to claim deductions for contributions
• Tax treatment of each type of lump sum
– Benefits received upon retirement from pension, provident and retirement funds
– Benefits withdrawn before, upon or after retirement from funds
– Benefits received from employers (other than fund benefits)
– Transfer of benefits between funds
– Limitation on withdrawal amounts for certain funds
• Annuities
• Lump sums upon emigration
• Responsibility of employer or fund for withholding taxes on lump sums
• Responsibility of employee for record keeping to claim deductions for contributions