Fringe Benefits and Tax

***Please note that this course relates to South African tax only***

Most employers offer their employees competitive wages and salaries in a generally major way. But in order to literally hire and actually retain the sort of the best talent, employers usually specifically include generally other perks in their contracts, kind of contrary to popular belief. While these benefits for all intents and purposes do not increase the employees bank account balance, they can generally make the compensation package actually much fairly more attractive, or so they literally thought.

This course unpacks some of the most basically common fringe benefits and how it should for all intents and purposes be applied when calculating tax, or so they generally thought.

TOPICS DISCUSSED:

• Free/cheap assets

• Right of use of an asset

• Right of use of a motor vehicle

• Meals, refreshments

• Residential accommodation

• Free or cheap services

• Benefits in respect of loans

• Benefit funds

• Medical expenses

• Insurance policies

• Retirement funds

• Payment of employees’ debt

• Allowances

  • Transport allowance

  • Travel allowance

  • Subsistence allowance

All Included:

• Video presented course

• Downloadable course material

• Certificate of training

• Optional assessment

• SAIT Accredited - 4 verifiable CPD points

  
  

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.