General Deductions Series
General Deductions Series
What's Included:
Contextualising deductions
OUTCOMES OF TOPIC After working through this study guide you should be able to: ✓ Understand where the deductions would be included in the tax calculation framework. ✓ Understand the broad classification of income streams for an individual taxpayer ✓ Understand why the general deduction formula is considered to be the starting point when considering deductions.
0.5 Hour | R49.00
The meaning of expenditure and losses in the context of the general deduction formula
OUTCOMES OF TOPIC After working through this study guide you should be able to: ✓ Understand where the deductions would be included in the tax calculation framework. ✓ Understand the broad classification of income streams for an individual taxpayer ✓ Understand why the general deduction formula is considered to be the starting point when considering deductions.
0.5 Hour | R49.00
The meaning of actually incurred in the context of the general deduction formula
OUTCOMES OF TOPIC After working through this study guide you should be able to: ✓ Understand where the deductions would be included in the tax calculation framework. ✓ Understand the broad classification of income streams for an individual taxpayer ✓ Understand why the general deduction formula is considered to be the starting point when considering deductions.
0.5 Hour | R49.00
The meaning of carrying on a trade in the context of the general deduction formula
OUTCOMES OF TOPIC After working through this study guide you should be able to: ✓ Understand where the deductions would be included in the tax calculation framework. ✓ Understand the broad classification of income streams for an individual taxpayer ✓ Understand why the general deduction formula is considered to be the starting point when considering deductions.
0.5 Hour | R49.00
The meaning of year of assessment in the context of the general deduction formula
OUTCOMES OF TOPIC After working through this study guide you should be able to: ✓ Understand where the deductions would be included in the tax calculation framework. ✓ Understand the broad classification of income streams for an individual taxpayer ✓ Understand why the general deduction formula is considered to be the starting point when considering deductions.
0.5 Hour | R49.00
The meaning of in the production of income in the context of the general deduction formula
OUTCOMES OF TOPIC After working through this study guide you should be able to: ✓ Understand where the deductions would be included in the tax calculation framework. ✓ Understand the broad classification of income streams for an individual taxpayer ✓ Understand why the general deduction formula is considered to be the starting point when considering deductions.
0.5 Hour | R49.00
The meaning of not of a capital nature in the context of the general deduction formula
OUTCOMES OF TOPIC After working through this study guide you should be able to: ✓ Understand where the deductions would be included in the tax calculation framework. ✓ Understand the broad classification of income streams for an individual taxpayer ✓ Understand why the general deduction formula is considered to be the starting point when considering deductions.
