Available Course
(Afrikaans) Tax exempt bursaries
>> Click here to book this training as an In-House course <<
| Duration: | 2 Hours |
| 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 | |
Education is one of the best gifts one can bestow upon another – especially if it does not attract taxes.
Bursaries are not only a method of recruiting and retaining employees, but also an option to grant tax-free amounts to those receiving it.
As it is crucial to know the difference between a tax-free bursary and that which would be deemed to be income, we offer a session dedicated to this area.
This session will address matters including, but not limited to, the following:
• The exemption requirements for bursaries granted to both employees, relatives and other individuals
• Tax treatment for benefactor:
o Limitation to extending bursaries
o Rewarding an employee for completion
o Granting a bursary vs taking over responsibility for a study loan vs reimbursements of study expenses
o PAYE considerations
☒Financial managers
☒Tax Practitioners
☒Bookkeepers
☒Financial accountants