BTW2122 - South African taxation of businesses
6 points, SCA Band 3, 0.125 EFTSL
Undergraduate Faculty of Business and Economics
Leader(s): Mr Adrian Pilley
Offered
South Africa Second semester 2009 (Day)
Synopsis
An introduction to the principles of the taxation of businesses, including an examination of: value-added tax (VAT); capital allowances; business income and expenses; sole traders; partnerships; companies and close corporations; credit agreements and township developers; trust income; capital gains tax; donations tax and administrative procedures.
Objectives
The learning goals associated with this unit are to:
- develop an understanding of the South African taxation system as it impacts on businesses
- develop the capacity to calculate the tax payable by businesses
- develop an understanding of how the tax system differentiates between categories of businesses, such as sole traders, partnerships, companies, close corporations and trusts.
Assessment
Within semester assessment: 30%
Examination (3 hours, open-book): 70%
Contact hours
One 2-hour lecture and one 1-hour tutorial per week
Prerequisites
13 October 2017
19 December 2024