Taxation of Business Income
Taxation of Business Income
- The purpose of this course is to enable you gain a deeper understanding on taxation of business income and equip you with the relevant skill sets that enable you to understand and how to ascertain the taxable profits/gains for companies.
At the end of this professional Course, you will be able to understand:
- The basis of charge to tax
- What constitutes taxable income
- Deductions allowed and deductions not allowed in ascertaining the taxable gain/profit
- How to treat capital expenditure
- The various capital deductions available for our company
- Explain the makeup of taxable income
- Identify the allowable deductions and disallowable deductions when preparing a tax computation
- Discuss the various capital deductions
- You must complete watching the video to earn the 3 CPD Units
