Tax Happy Hour 1: Income tax treatment of activities conducted by service providers
Whilst this Tax Happy hour discussion will contain certain technical content, the discussion will primarily focus on tax and the service provider. 2024
What will set you apart
By completing this course you will gain the following competencies
- Effect that the Consumer Protection Act will have on service providers
- Prepayments and section 24C
- Gift Cards
- Franchise fees
- Tax treatment of “Work in Progress” for the service provider
- Tax treatment of payments to sub-contractors
- Prepayments and section 23H
- Tax effect of agency agreements – VAT and Income Tax
Event breakdown
- Effect that the Consumer Protection Act will have on service providers
- Prepayments and section 24C
- Gift Cards
- Franchise fees
- Tax treatment of “Work in Progress” for the service provider
- Tax treatment of payments to sub-contractors
- Prepayments and section 23H
- Tax effect of agency agreements – VAT and Income Tax
Description
Tax and the service provider
The income tax treatment of activities conducted by service providers, including but not limited to Accountants, Lawyers, Architects, Engineers, Hair Salons, Spa’s, Electricians, Builders, Security, Gymnasiums, Car Mechanics etc can be complex.
In the February Tax Happy Hour, we will explore some of the tax challenges facing the service provider including but not limited to the following:
- Effect that the Consumer Protection Act will have on service providers
- Prepayments and section 24C
- Gift Cards
- Franchise fees
- Tax treatment of “Work in Progress” for the service provider
- Tax treatment of payments to sub-contractors
- Prepayments and section 23H
- Tax effect of agency agreements – VAT and Income Tax
The session will be highly practical and will assist members in providing valuable industry specific advice to their clients in the services industry.
Presenters
Johan Heydenrych — Johan Heydenrych is a Chartered Accountant and tax specialist with more than 30 years of experience in taxation. He was a Tax Partner at KPMG from 1997 to 2020 and is currently a Partner in the Kreston SA network. Johan holds an MCom in Taxation (Cum Laude) and advises clients across a wide range of industries on tax governance, compliance, disputes, technical tax matters, restructurings, mergers and acquisitions.
You will earn a certificate
On successful completion you will receive a certificate for 1 CPD unit in Tax.
Requirements
- Laptop, desktop, or mobile device with internet access
- Microsoft Edge, Google Chrome, Safari, or Firefox browser