Attending the course and successfully completing the post-assessment, will grant you
1.5 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.
For any taxpayer or a professional assisting them with their taxes, it is crucial to be aware of the impact of principles that are most commonly used and most often confused. The risk of missing a spot is potentially missing out on tax benefits or underpaying on taxes, both of which is an undesirable position to be in.
ProBeta Training offers a session with a practical approach on these tax principles to guide you past these pitfalls.
This session will address the following:
• Individuals:
o FAQ’s on individuals and trust taxes (including SARS FAQ’s)
o Understanding when your income will be subject to employees’ tax, and when you need to declare it yourself
o Understanding when to file a return (required to file, filing season and deadlines)
o Common mistakes made on the individual tax return
Full disclosure of income
Married in community of property
Home office expenses
Deductions claimed from allowances and benefits
Primary residence exclusions
o What about emigration? What do we do now with retirement fund withdrawals?
o What to do with your cryptocurrency on your tax return?
o Common mistakes made during tax disputes with SARS
• Trusts:
o Donations made through a trust
o Understanding when the trust or beneficiary will be taxed
o What to look out for with loans with trusts
o What to look out for with foreign trusts
• This course will not cover all of the above in complete detail, but focuses on selected elements.
All individual taxpayers, trustees (or those in charge of administrating trusts), tax practitioners, business owners, advisors and other professionals might benefit from this course.
