Understand the application of each of the tax statuses to be able to select the correct tax status for an employee.
- Understand the taxation of various earnings.
- Calculate and process provision for tax on an annual bonus.
- Understand the taxation of various fringe benefits (taxable perks).
- Process the use of motor vehicle.
- Understand the tax deductions.
- Understand the tax treatment for all types of retirement funds.
- Understand the taxation of medical aid.
- Understand the various uses of the tax, additional tax and tax on lump sum deduction lines.
- Understand factors that will influence the tax calculation of an employee.
- Manually calculate tax for an employee using both the normal and average tax calculation.
- Understand the employer’s obligations relating to employees’ tax