This plan includes
- Limited free courses access
- Play & Pause Course Videos
- Video Recorded Lectures
- Learn on Mobile/PC/Tablet
- Quizzes and Real Projects
- Lifetime Course Certificate
- Email & Chat Support
What you'll learn?
- Remuneration subject to PAYE, on the payment basis
- How to apply for a tax directive
- Types of expenses claimed as deductions
- Formulas for Calculating Tax on Commission
- How to complete your income tax return
- Claims against Travel Costs and the importance of a Travel Log Book
Course Overview
****Please note that this course is based on South African Tax****
Does 50% or more of your total remuneration consist of commission earned?
Did you know that as an employee, you are entitled to claim business expenses against commission income recorded under code 3606, should it be more than 50% of the total remuneration on the IRP5?
Not sure what business expenses to claim?
In many ways, the deductions for business expenses available to these commission earners are similar to those available to individuals who are sole proprietors or independent contractors.
During the course the following Topics are covered:
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Who is a commission earner
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Remuneration subject to PAYE, on the payment basis
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How to apply for a tax directive
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Types of expenses claimed as deductions
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Reduction in commission income due to Covid-19 lockdowns
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Formulas for Calculating Tax on Commission
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Aggregated Annual Taxable Income
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Tax Directive
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Annualised Amount of Tax Payable
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Home office deductions and lockdown
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Home office deductions and the impact on Capital Gains Tax
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How to complete your income tax return
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Maintaining an income statement
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Claims against Travel Costs and the importance of a Travel Log Book
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Caution in accepting Auto-assessments from SARS
All Included:
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Vide presented course
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Downloadable course material
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Certificate of training
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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.
Pre-requisites
- No prior experience needed
- little to no knowledge on Tax
- Please note that this course relates to South African tax only
Target Audience
- Professional individuals
- Sole Proprietors
- Independent contractors
- Business owners
- Accountants
Curriculum 5 Lectures
Section 1 : Commission Earners and Tax Course
- Lecture 2 :
- Part 1
- Lecture 3 :
- Part 2
- Lecture 4 :
- Part 3
- Lecture 5 :
- Part 4
Our learners work at
Frequently Asked Questions
How do i access the course after purchase?
It's simple. When you sign up, you'll immediately have unlimited viewing of thousands of expert courses, paths to guide your learning, tools to measure your skills and hands-on resources like exercise files. There’s no limit on what you can learn and you can cancel at any time.Are these video based online self-learning courses?
Yes. All of the courses comes with online video based lectures created by certified instructors. Instructors have crafted these courses with a blend of high quality interactive videos, lectures, quizzes & real world projects to give you an indepth knowledge about the topic.Can i play & pause the course as per my convenience?
Yes absolutely & thats one of the advantage of self-paced courses. You can anytime pause or resume the course & come back & forth from one lecture to another lecture, play the videos mulitple times & so on.How do i contact the instructor for any doubts or questions?
Most of these courses have general questions & answers already covered within the course lectures. However, if you need any further help from the instructor, you can use the inbuilt Chat with Instructor option to send a message to an instructor & they will reply you within 24 hours. You can ask as many questions as you want.Do i need a pc to access the course or can i do it on mobile & tablet as well?
Brilliant question? Isn't it? You can access the courses on any device like PC, Mobile, Tablet & even on a smart tv. For mobile & a tablet you can download the Learnfly android or an iOS app. If mobile app is not available in your country, you can access the course directly by visting our website, its fully mobile friendly.Do i get any certificate for the courses?
Yes. Once you complete any course on our platform along with provided assessments by the instructor, you will be eligble to get certificate of course completion.For how long can i access my course on the platform?
You require an active subscription to access courses on our platform. If your subscription is active, you can access any course on our platform with no restrictions.Is there any free trial?
Currently, we do not offer any free trial.Can i cancel anytime?
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