Fundamentals of Trusts online course
This program focuses on the structure of a trust and in particular Income Tax and how specific sections work together to determine who is liable for tax. This program will equip you to do the following:
- Choose the correct type of trust for a specific need
- Apply the anti-avoidance provisions contained in Section 7 of the Income Tax Act
- Apply Section 25B of the Income Tax Act
- Apply Section 7C of the Income Tax Act
As part of the program, you will receive:
- Fundamentals of Trusts 2019 Training Manual (PDF Download)
- Video Lessons
- Examples to help you understand the concepts more easily
- Challenges to help you gauge your progress
- Downloadable cheat sheets
Learning Outcomes / Objectives
- Correct structuring of a trust
- Different types of trusts and their use
- Importance of managing trusts
- Responsibilities of trustees
- Vested rights and their implications
- Important tax aspects related to trusts
- Loans to trusts by connected persons
- Requirements to deregister a trust
- Costs associated with managing and running a trust
Prerequisites
- Basic understanding of Income Tax will be beneficial
- Basic understanding of the concept of a trust will be beneficial
- Eagerness to learn
Who must enroll in the course
- Financial Planners and Advisers
- Accountants
- Bookkeepers
- Tax Consultants
- Business Owners
- Broker Consultants who want to provide enhanced value to their panel
- Paraplanners
- Sales and Branch Managers
- Franchise Principals
- Key Individuals
- Support staff that helps with the Financial Planning process
- Students studying an NQF5, 6, 7 or 8 qualification in Wealth Management / Financial Planning
Online course details
Online course registration
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