By the end of this event the participant should:
Be able to register a client’s business for income tax;
Understand how to calculate corporate income tax;
Understand the advantages of clients becoming Small Business Corporations;
Understand Turnover Tax; and
Be able to file income tax returns for businesses.
The webinar will cover the following topics:
Registering for income tax.
Determining taxable income:
Exempt income; and
What is a Small Business Corporation?
Advantages of becoming an SBC.
Calculating tax for an SBC.
What is Turnover Tax?
Who can register for it?
Calculating turnover tax.
Filing income tax returns.