TAX POWER PACK SELF-STUDY PACKAGE
Tax Power Pack 8 x COURSES Self-Study Package
50% Discount Special
R 2 400.00 for Total Package Normal Price is R 4 800.00
STUDY IN YOUR OWN TIME with the comprehensive Tax Power Pack Online Self-Study Package
CAPITAL GAINS TAX – 4 CPD Hours
Since the increase in the Capital Gains Tax (CGT) inclusion rates two years ago, the impact of CGT on the disposal of assets has become a significant cost to the transaction and has become an important factor in deciding on the disposal and acquisition of assets, including investment decisions.
Course Content:
- Overview of the CGT rules
- Practical impact of CGT transactions
- Fixed property and share transactions
CAPITAL GAINS TAX MASTERCLASS – 1.5 CPD Hours
Capital gains tax has been in existence for close to twenty years, and remains one of the complex areas of tax legislation, with costly pitfalls for the unwary! Make sure that you are up to date on critical aspects of capital gains tax. This course will cover some of the key aspects of the Eighth Schedule and explain some of the more risky provisions, with clear examples to ensure that you understand how to apply the legislation.
Course Content:
- How do capital gains fit into the tax calculation?
- When must a capital gain be recognised?
- How to determine proceeds?
- How to determine base cost?
- When are capital losses disallowed?
- Key CGT issues for investors
- Key CGT issues for small business
DONATIONS TAX – 2 CPD Hours
Donations Tax has really come into the public mind again with the introduction of s7C. The aim of this course is to provide a refresher on when Donations Tax should be charged and how it needs to be administered.
Course Content:
- What is a donation?
- What items are subject to Donations Tax?
- What exemptions are available?
- What are the administrative requirements?
INTERNATIONAL TAX ISSUES YOU NEED TO KNOW ABOUT – 1.5 CPD Hours
As South Africa functions in a global economy, aspects of international tax affect many businesses and individuals operating, working or investing here. Furthermore, there have been extensive developments in sharing tax information as governments around the world seek to curtail tax erosion and secrecy. As a result, more and more people in South Africa are faced with complex decisions regarding their tax situation on international transactions.
This online course explains the South African tax consequences for both non-residents working, investing and doing business in South Africa and South African residents working, investing and doing business abroad. Whilst international tax is extremely complex, this course will cut through much of the technical detail and explain in understandable language, how the various provisions should be applied to ensure that South African taxpayers can properly manage their tax affairs and remain compliant.
Course Content:
- The concept of residence: · When a person is "resident" or "non-resident" for tax purposes
- How a non-resident is taxed in South Africa
- Withholding taxes levied in South Africa
- How residents are taxed on worldwide income
- Residents working abroad
- Foreign interest
- Foreign dividends
- Offshore businesses
- Brief overview of controlled foreign companies
- Relief for double taxation
- Double tax agreements
- Exemptions
- Foreign tax rebate
- What are the tax consequences when a person ceases to be a South African tax resident?
PROVISIONAL TAX – 2 CPD Hours
Provisional Taxes can be a great source of stress for any tax practice. It’s a large amount of work that needs to be completed accurately and quickly to give your clients a chance to pay what is owed. The aim of this course is to provide a refresher on how provisional taxes should be calculated as well as what the consequences are if this is not done right. Empower yourself and your clients to make informed decisions on their provisional taxes!
Course Content:
- What information is required for the provisional tax calculation
- How the calculation should be done
- What the consequences are if not done correctly
- Administrative obligations
TAX DISPUTES – 2 CPD Hours
Tax Administration, and specifically the process of lodging objections and resolving problems with SARS, is becoming one of the most challenging and time-demanding aspects of the work of a tax professional. Differences in assessments, disallowed expenses and the various penalty provisions of the Tax Administration Act are some of the main issues. This course outlines, in understandable language and with a very practical focus, the steps to be taken in resolving disputes with SARS. Furthermore, the course explains the circumstances in which penalties can be waived or reduced and takes you through the process to be followed in order to access such relief. The TAA is very technical and specific and it is essential for every tax professional or business person responsible for managing tax risk, to understand the rules of the game and the process that has to be followed in resolving problems with SARS.
Course Content:
- Requests for reasons for an assessment
- The various penalty provisions and an explanation of which penalties apply when and how the penalties are calculated; circumstances in which penalties can be waived or reduced
- The objection process
- What to do when there is a problem with the objection process
- The pay-now-argue-later principle and applying for a suspension of payment
- the SARS complaints management office
- When and how to use the Tax Ombud
TAX IMPLICATIONS OF FIXED PROPERTY TRANSACTIONS – 2 CPD Hours
Property transactions can lead to various tax implications. From Transfer duties to VAT or income tax. It is imperative that companies and individuals who sell properties are aware of these implications to avoid fines and penalties.
During this online course, the implications of the Transfer Duty Act, the VAT and Income tax Act on property transactions will be unpacked.
Course Content:
- Definition of fixed property
- Income tax implications
- Transfer duty or VAT
- Requirements when VAT is payable
- Requirements when transfer duty is payable
- Value of property
- Shari’a compliant financing arrangements
- Periodical payments
- Exemptions
- Information to be kept
- Penalties and fines
WITHHOLDING TAX ON INTEREST AND DIVIDENDS – 2 CPD Hours
Withholding taxes are a fact of life. How we account for them to SARS is however a different story. Are you up to date with the latest changes? Do you know what’s required of you?
Course Content:
- What is a dividend?
- What is interest?
- How should the withholding tax be calculated in each case?
- Who is responsible?
- What are my administrative requirements?