Small business development is at the heart of the National development Plan, yet there is very limited focus on the taxation of small business. This webinar will unpack and explain the latest developments in the taxation of SMMEs and explain what tax relief is available. The webinar will focus on practical explanations, evaluating the impact of tax changes on SMMEs and discussing planning opportunities. The webinar will also consider other risk areas that must be considered by SMMEs so that proper planning and management can be done.
Participants will understand the tax relief available for small businesses and how they can manage the risks associated with the taxation of SMMEs and plan/advise accordingly.
• Brief background on specific provisions in the taxation of SMMES.
• Outline of the tax relief, including the following:
o Turnover Tax
o Small Business Corporations
o Venture Capital Companies
o Employment Tax Incentives
o Any other developments
• Specific deductions and allowances
Tax advisors, taxpayers, accountants, trustees, business owners and managers, bookkeepers and anyone else who deals with small businesses and SMMEs.
