BTW2122 - South African taxation of businesses - 2017

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.

The learning goals associated with this unit are to:

1. develop an understanding of the South African taxation system as it impacts on businesses
2. develop the capacity to calculate the tax payable by businesses
3. develop an understanding of how the tax system differentiates between categories of businesses, such as sole traders, partnerships, companies, close corporations and trusts.

Within semester assessment: 30% + Examination: 70%

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

See also Unit timetable information

BTW1201 and BTW2121