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.
In the times we live in, it is most common that many taxpayers acquire debt in both their individual and business capacity.
In addition to this, many taxpayers have frequent international transactions in their trade.
As both of these have been seen by authorities to often result in schemes to reduce tax liabilities, there are very specific provisions in the Taxation law that governs the tax treatment of the results of these transactions.
We offer a session aimed at explaining and applying the rules of Section 24I and Section 24J of the Income Tax Act.
This session will address matters including, but not limited to, the following:
• A coverage of the requirements and limitations surrounding the deductibility of interest expenses and forex losses, as well as the inclusion of interest income and forex gains
• Practical application of the principles covered, including step by step calculations
• Overview on other sections of legislation that might impact on these transactions
☒ Investment managers
☒Financial managers
☒Tax Practitioners
☒Auditors
☒Bookkeepers
☒Financial accountants
☒First year SAICA Trainees
☒Second year SAICA trainees
☒Third year SAICA trainees
