COVID 19 – Combined information update (English)
|CPD Hours:||Attendance at this seminar will secure 2 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc)|
Since South Africa entered lockdown for the first time, ProBeta has presented regular updates on the various implications that COVID-19 has had on business, labor and taxation matters in our country. As part of our mission to keep our clients as well as the public informed, we have assembled a combined version of these sessions, aimed at the general public for informative purposes. This combined version includes the most up to date material that we have assembled, as well as a combined document addressing Frequently Asked Questions from all these sessions.
The combined version includes, but is not limited to: • An overview of the most relevant and important matters from all the regulations issued for the lockdown, including an update from the regulations announced for Alert Level 4 • An overview of the labour implications for both the employer and employee including o Normal UIF benefit claim process o TERS fund claim process (including a discussion on FAQ’s related to these claims) o COIDA claim process o Foreign employment income exemption o Deductions available for home office expenditure o Specific transactions that might result in taxable allowances and fringe benefits • An overview of the tax relief incentives granted by SARS including o PAYE deferral o Provisional tax deferral o ETI incentive o Other relief measures announced • Funding made available for businesses including o Business growth / Resilience facility o Debt relief fund o Department of Trade and Industry and the IDC o Private Funds such as the SAFT and o Sector specific relief • Other relevant developments
Investment managers, Financial managers, Tax Practitioners, Auditors, Bookkeepers, Financial accountants, Audit partners, Compliance officers, and Ethics officers
Prerequisites: Strong / stable internet connection