Available Course
Tax exempt bursaries
>> Click here to book this training as an In-House course <<
| Duration: | 1.00 |
| CPD Hours: | Attendance at this seminar will secure 1 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.
Join us for a session dedicated to understanding the difference between a tax-free bursary and that which would be deemed to be income."
"• The detailed exemption requirements for bursaries granted:
o What constitutes a bona fide bursary
o What constitutes a recognised educational or research institution
o Specific considerations when granting a bursary to an employee
o Specific considerations when granting a bursary to a relative of an employee
• Brief overview of learnership allowances
• Tax treatment of other related items:
o Rewarding an employee for completion
o Reimbursing study expenses
o Taking over responsibility for a study loan
o PAYE considerations"
All taxpayers granting or receiving bursaries and wish to gain more information on the tax matters surrounding this topic.