Taxation of Individuals Simplified 2025 (e-book)
This book was written with the first year or first-time income tax student in mind.
It is updated annually and contains the latest legislation. Simple language, flow charts which visually explain some of the more complicated aspects of taxation, a glossary, and reproductions of the forms required by SARS make the book unique and practical. It covers all the topics needed by a taxpayer who is required to fill in an IT12 tax return, which means that it will not only be valuable to the students, but also to the general public who wish to understand and learn more about their taxable income calculation.
Chapter 1: - Introduction to the Governmental Fiscal Framework
Chapter 2: - Introduction to the Annual Income Tax Framework
Chapter 3: - Calculating Taxable Income
Chapter 4: - Gross Income, Specific Inclusions and Exempt Income
Chapter 5: - General, Prohibited and Specific Deductions
Chapter 6: - Calculating the Taxable Income of a Person receiving a Salary, Fringe Benefits and Other Income
Chapter 7: - Capital Transfer Taxes
Chapter 8: - Prepaid Taxes
Chapter 10: - Other Taxes
Retirement Benefits
Solutions to €˜Test Your Knowledge' Questions and Examples
Schedules
Glossary
Index
We Also Recommend