STUDY IN YOUR OWN TIME with the comprehensive Capital Gains Tax & Other Tax Related Online Self-Study Course Package

CAPITAL GAINS TAX – 4 CPD Hours

• Overview of the CGT rules
• Practical impact of CGT transactions
• Fixed property and share transactions

CAPITAL GAINS TAX MASTERCLASS – 1.5 CPD Hours

• 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

• 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

• 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

• 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

• 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

• 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

• 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?

Who will this package benefit?

This course would be useful for all staff who have a responsibility to submit returns. The course will provide guidance with regard to the appropriate valuation techniques that must be used for these items. Any delegate that is looking to get a refresher on the above topics would also be welcome.

• Video presented course
• Downloadable course material
• Certificate of training
• SAIT Accredited – 17 Verifiable CPD Points