This training course is designed to provide beginners with a comprehensive understanding of South African income tax. The course will cover fundamental tax principles, key provisions in the Income Tax Act (ITA) No. 58 of 1962, and compliance requirements as set by the South African Revenue Service (SARS). Participants will gain practical knowledge to ensure tax compliance and understand tax obligations in South Africa.
The Income Tax Beginner Series is a structured 8-hour course designed to equip participants with essential knowledge on South African tax regulations. The course covers income tax fundamentals, tax residency rules, business and individual taxation. Practical scenarios, SARS compliance guidelines, and filing procedures will also be discussed to enhance understanding.
Key Topics Covered:
• Overview of South African tax laws and SARS regulations
• Tax residency and source-based taxation
• Individual tax obligations and deductions
• Business taxation and provisional tax
• Tax return filing, deadlines, and penalties
• Common mistakes
• Tax rates and tax tables
• Practical tax calculations and SARS eFiling demonstration
• Individuals
• Entrepreneurs
• Small business owners
• Junior accountants
• Tax practitioners
• Anyone looking to develop a strong foundation in South African income tax.
