Available Course

Taxation of partnerships

>> Click here to book this training as an In-House course <<

Duration: 2.00
CPD Hours: Attendance at this seminar will secure 2 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc)
Course Facilitator: Corlia Faurie
T:  0118861395
E:  gillian@probetatraining.co.za
Back

Companies, close corporations and sole proprietorships are most commonly used as trading entities, partnerships are still alive and well – as is the taxation thereof. Taxpayers often struggle to distinguish between the tax working of income for the partnership itself and that of the partners. For this reason, ProBeta offers a session that aims to clear out the confusion, by dealing with the tax rules for each person as well as looking at the bigger picture.

This session is set up to address the application of the relevant taxation laws, including but not limited to: • A brief overview of the legal aspects of partnerships, including the types of partnerships available • The application of Section 24H on both the partnership and the partners • Taxation of specific transactions including o Withdrawals from the partnership o Salaries and other benefits o Member loans and interest o Business expenses o Capital gains

☒Financial managers ☒Tax Practitioners ☒Auditors ☒Bookkeepers ☒Financial accountants ☒First year SAICA Trainees ☒Second year SAICA trainees ☒Audit partners