We will be able to provide explanation, guidance and advise on the following topics:
- The liability of tax of individuals, partnerships, companies, close corporations and farming operations
- The definition of 'Gross Income' in terms of the Income Tax Act
- Partial and absolute Income Tax exemptions
- The General Deduction Formula which sets out what may and may not be deducted in terms of the Income Tax Act
- Special deductions and double deductions
- Capital Allowances and Recoupments
- Taxation of married couples
- The taxable value of fringe benefits
- Retirement benefits and the rating formula
- The tax treatment of foreign exchange gains and losses as governed by the provisions of section 24 I of the Income Tax Act
- Special provisions governing the taxation of income derived under qualifying suspensive or credit agreements
- Employee's tax namely, PAYE and SITE
- Liability or exemption to pay provisional tax
- Donations Tax
- Taxation of the income of deceased and insolvent estates
- Taxation of a trust
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