Course Recording

Provisonal Tax

Recording Link
Firm/Group/Company - R1460.50 (VAT Incl.)
Individuals - R598.00 (VAT Incl.)
Recording Link
Price (MLU Subscriber):
Firm/Group/Company - R1092.50 (VAT Incl.)
Individuals - R460.00 (VAT Incl.)
Presenter: Ms Carmen Westermeyer (Wortmann)
CPD Hours: Attending the course and successfully completing the post-assessment, will grant you 2 hour/s verifiable CPD, recognised by the various professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc). Please note that the CPD certificate will only be issued once the post-assessment has been completed.
Platform: Web Based (Online)
Course Facilitator: Gillian Peach- Stander
T:  011-886-1395
Back Order Now

This course is designed for delegates that need to understand what their responsibilities are with respect to provisional tax. It is intended to provide an overview of taxpayers responsibilities, as well as detailing the process that needs to be followed to correctly calculate the amounts to be paid to SARS. It will also highlight the changes between the 2015 and 2016 returns.

After attending this course, delegates will have gained an understanding of the competencies mentioned below and must be able to apply the concepts and techniques in most situations and environments: • Be able to determine who is a provisional taxpayer • Be able to determine the taxable income that must be used to determine the tax liability for the relevant provisional tax period • Be able to calculate the amount payable for the period • Be able to advise clients as to the consequences of incorrect returns filed or late/non payment of provisional tax

• Administrative responsibilities • Fourth Schedule definitions • What amounts must be used for the various provisional tax returns • How must the payments be calculated (please note this will not include a detailed discussion on how to calculate tax liability for each type of taxpayer) • What happens when things go wrong? A detailed look at the penalties, additional taxes and interest that can be charged

This course would be useful for all staff who have a responsibility to submit provisional tax returns. Although the discussion on penalties and interest may be quite technical, it will still provide delegates with a thorough understanding of the consequences of an incorrect form. Any delegate that is looking to get a refresher on the above topics would also be welcome.