Tax Planning for businesses online course


The purpose of this short course is to focus on tax planning in the context of businesses. It looks at the most important factors to consider when doing a tax planning exercise for business clients. The different type of entities in which a business can be conducted and the taxation of such entities are reviewed. Structuring in terms of shares, dividends and salaries, as well as the possible tax consequences are deliberated. Employer- or company-owned policies are also considered, and the tax implications of policy premiums and policy proceeds are illustrated with examples.

The course is aimed at enhancing the knowledge and application skills of financial planning students, financial planners, professional advisers and fiduciary practitioners who have knowledge of the various taxes and legislation relevant in the financial planning environment and who wish to gain exposure or refresh their knowledge of tax planning in the context of businesses.

Once you have successfully completed this course, you will be able to:
  1. Identify the different type of business entities.
  2. Discuss the structure and tax aspects of the different type of business entities such as sole proprietors, partnerships, close corporations and companies.
  3. Analyse the tax implications of a small business corporation.
  4. Explain the disposal of business interest/s and the capital gains tax implications thereof.
  5. Consider the structuring possibilities in respect of director’s salaries and dividends.
  6. Discuss the tax implications of employer- or company-owned policies with reference to premiums and policy proceeds.

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