As many employees might be working from home during these times, or alternatively be suspended without being able to do work at home, it is possible that many employers resort to providing assistance in various forms. It may however be difficult to account for the tax effect of these measures correctly, as it might be the first time they encounter it.
ProBeta aims to guide you on how to apply these tax measures as you work towards providing assistance to your employees.
The course includes, but is not limited to:
• An overview of the various implications that the COVID-19 circumstances might have on PAYE
• Consideration to be given to the foreign employment income exemption
• Consideration to be given to deductions available for home office expenditure
• Specific transactions that might result in taxable allowances and fringe benefits:
o Provision of cash advances / loans
o Provision of food parcels or other basic necessities
o Provision of equipment, resources and services in order to work from home
o Provision of accommodation and transport
