Tax Happy Hour 2: Accounting and tax treatment of long-term construction contracts
Whilst this Tax Happy hour discussion will contain certain technical content, the discussion will primarily focus on accounting and tax treatment of long-term construction contracts. March 2024
What will set you apart
By completing this course you will gain the following competencies
- Treatment of costs incurred to date, revenue received to date and accounting recognition of profits/losses.
- Gross Income definition and progress payments, deposits and retentions.
- Sections 22(2A) and 22(3A).
- Section 24C allowances.
- Deferred tax.
- VAT pitfalls and opportunities.
Event breakdown
- Treatment of costs incurred to date, revenue received to date and accounting recognition of profits/losses.
- Gross Income definition and progress payments, deposits and retentions.
- Sections 22(2A) and 22(3A).
- Section 24C allowances.
- Deferred tax.
- VAT pitfalls and opportunities.
Description
- Treatment of costs incurred to date, revenue received to date and accounting recognition of profits/losses.
- Gross Income definition and progress payments, deposits and retentions.
- Sections 22(2A) and 22(3A).
- Section 24C allowances.
- Deferred tax.
- VAT pitfalls and opportunities.
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