Available Course
Assessed losses and ringfencing
>> Click here to book this training as an In-House course <<
| Duration: | 2.00 |
| CPD Hours: | Attendance at this seminar will secure 2 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc) |
| Course Facilitator: |
Carmen Westermeyer
T: 0118861395 E: gillian@probetatraining.co.za |
| Back | |
Assessed losses have always been a point of content. It is easy for the unscrupulous to take advantage of losses to set them off against legitimate expenses. How does SARS prevent abuse while at the same time recognising that business does not always work out the way we anticipate?
The aim of this course is to provide an overview of the options that are available to taxpayers. This will look at:
• How does s20A ringfence losses for individuals?
• How the S20 assessed loss limitation impacts taxpayers?
• What other provisions apply to assessed losses?
All taxpayers, tax professionals, accountants and auditors seeking more information on this topic.
An entry level understanding of the Taxation Administration Act would be helpful.