Freelancers and Independent Contractors and Tax

****Please note that this course is based on South African Tax****

Freelancing and not sure how to approach your tax obligations to SARS?

Not sure what income to declare or business expenses to deduct?

More people are finding themselves outside the permanent labour force and are conducting their work removed from the traditional employer-employee relationship.

The employment landscape increasingly includes freelancers, independent contractors, personal service providers and part-timers, bringing with it a whole range of complex tax rules that can make life quite difficult if not applied correctly.

Topics Discussed:

• Know what kind of business you are running –

1. Sole Proprietor

2. PTY LTD

3. Partnership

4. CC

5. Independent contractors or freelancers

6. Small Business Corporation

• Provisional Tax and Turnover Tax

• How are you taxed on your 'side business'

• Types of expenses claimed as deductions

• Benefit from home office tax deductibles

• Home office deductions and the impact on Capital Gains Tax

• How to complete your income tax return

• Maintaining an income statement

• Claims against Travel Costs and the importance of a Travel Log Book

• Caution in accepting Auto-assessments from SARS

All Included:

• Video presented course

• Downloadable course material

• Certificate of training

• Assessment

• SAIT Accredited - 4 verifiable CPD points

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About the Presenter

Ruzel van Jaarsveld

She has over 23 years financial and bookkeeping experience, working with many industries and corporate environments, with extensive knowledge and practical application of trial balance, payroll, VAT, PAYE returns, Inventory control, Management Accounts, E-filing and Procedures of Importing and Exporting.

She is a seasoned appointed facilitator with Biz Facility, and for numerous years has been presenting various national practical financial workshops to business owners and corporate financial staff.