Practical Approach to complexities of taxation
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.
What you’ll learn
- Utilizing an assessed loss brought forward.
- Definition of trade.
- The trade requirement.
- Commencement of trade.
Course Content
- Assessed Losses Course –> 6 lectures • 2hr.
Requirements
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:
- Utilizing an assessed loss brought forward
- Definition of trade
- The trade requirement
- Commencement of trade
- Set-off of losses in the current year
- General
- Facts and circumstances test
- The six-out-of-ten-year-rule
- Fluctuating taxable income
- Decision tree – produced by SARS – with minor modifications
All Included:
- Video presented course
- Downloadable course material
- Certificate of training
- Assessment (optional)
- SAIT Accredited – 4 Verifiable CPD Points
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About the Presenter:
Ruzel van Jaarseveld
Ruzel brings more than 26 years of extensive experience in financial management and bookkeeping, having worked across a diverse range of industries and corporate environments. Her expertise encompasses a broad array of skills, including the preparation and management of trial balances, payroll processing, VAT and PAYE returns, inventory control, and the compilation of detailed management accounts. Additionally, she is well-versed in E-filing systems and possesses a thorough understanding of the procedures involved in importing and exporting, making her a highly versatile and knowledgeable professional in her field.
Ruzel has over 26 years financial and bookkeeping experience, working with many industries and corporate environments, with extensive knowledge and practical application of trial balance, payroll, VAT, PAYE returns, Inventory control, Management Accounts, E-filing and Procedures of Importing and Exporting.
Ruzel is a seasoned appointed facilitator with Biz Facility, and for numerous years has been presenting various national practical financial workshops to business owners and corporate financial staff.