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

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