Webinar Training Course

Provisional tax and penalties: what you need to watch out for in the first provisional return

Price: Firm/Group/Company - R1150.00 (VAT Incl.)
Individuals - R460.00 (VAT Incl.)
Price (MLU Subscriber): Firm/Group/Company - R874.00 (VAT Incl.)
Individuals - R345.00 (VAT Incl.)
Presenter: Prof Jackie Arendse
Date: 15 Aug '19
Times: 09H00-10H30
Duration: 1.5
CPD Hours: Attendance at this seminar will secure 1.5 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA & etc)
Platform: Web Based (Online)
Contact Person: Gillian Peach- Stander
T:  0118861395
E:  gillian@probetatraining.co.za
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As the first provisional tax deadline for individuals, trusts and many companies with February year-ends looms at the end of August, now is an opportune time to get up to date with the provisional tax rules. Mistakes made in provisional tax calculations and processes can be extremely costly due to the penalties that are charged and the time consumed in resolving problems. This webinar explains the ins and outs of provisional tax for individuals, companies and trusts, the penalties that can be charged, how the penalties are calculated and how to apply for penalties to be waived. Recent amendments to the provisional tax rules will also be explained.

• Who is a "provisional taxpayer" • Requirements of a provisional taxpayer • Calculating estimated taxable income and provisional tax liability • Interest • Penalties • When can penalties be waived and how does one go about this?

Tax practitioners, accountants, trainees, auditors, financial managers, bookkeepers