Assessed Losses Self-Study Course

Practical Approach to complexities of taxation

What you'll learn

Utilizing an assessed loss brought forward

Definition of trade

The trade requirement

Commencement of trade

Requirements

No prior knowledge

little to no understanding of South African tax

Description

As a tax professional, learners are immediately confronted with large volumes of detailed tax theory, and struggle to understand how the theory fits into the end goal of preparing tax computations.This course has been designed to develop a foundation of simple application upon which the complexities of taxation can be built at a later stage. The approach is practical rather than theoretical.Topics Discussed:Utilizing an assessed loss brought forwardDefinition of tradeThe trade requirementCommencement of tradeSet-off of losses in the current yearGeneralFacts and circumstances testThe six-out-of-ten-year-ruleFluctuating taxable incomeDecision tree – produced by SARS – with minor modificationsAll Included:Video presented courseDownloadable course materialCertificate of trainingAssessment (optional)SAIT Accredited - 4 Verifiable CPD Points____________________________About the Presenter:Ruzel van JaarseveldRuzel brings more than 26 years of extensive experience in financial management and bookkeeping, having worked across a diverse range of industries and corporate environments. Her expertise encompasses a broad array of skills, including the preparation and management of trial balances, payroll processing, VAT and PAYE returns, inventory control, and the compilation of detailed management accounts. Additionally, she is well-versed in E-filing systems and possesses a thorough understanding of the procedures involved in importing and exporting, making her a highly versatile and knowledgeable professional in her field.Ruzel has over 26 years financial and bookkeeping experience, working with many industries and corporate environments, with extensive knowledge and practical application of trial balance, payroll, VAT, PAYE returns, Inventory control, Management Accounts, E-filing and Procedures of Importing and Exporting.Ruzel is a seasoned appointed facilitator with Biz Facility, and for numerous years has been presenting various national practical financial workshops to business owners and corporate financial staff.

Overview

Section 1: Assessed Losses Course

Lecture 1 Part 1

Lecture 2 Part 2

Lecture 3 Part 3

Lecture 4 Part 4

Lecture 5 Part 5

Lecture 6 Part 6

Business Owners,Business Professionals,Tax Administrators,Financial Managers