Freelancers and Independent Contractors and Tax

🎓 Course Title: Freelancers and Independent Contractors and Tax

🚀 Course Headline: Master Your Finances: A Comprehensive Guide for Side Business Earners in South Africa!

Understanding the Tax Implications of Your Side Hustle 🧾

Please note that this course is based on South African Tax laws and regulations.

Are you a freelancer, independent contractor, or part-time worker navigating the complex world of side business taxation in South Africa? If so, our online course is designed just for you! Earning additional income from a side business can be rewarding, but understanding your tax obligations is crucial to ensure you're on the right side of SARS regulations.

Who Should Enroll?

More people are moving away from traditional 9-to-5 jobs and embracing the gig economy, which includes freelancing, consulting, and other forms of independent work. This shift has brought about a new set of tax challenges that can be daunting if you're not well-versed in the rules. Our course will guide you through the different types of businesses, from sole proprietorships to PTY LTD companies and CCs (Close Corporations), helping you grasp how each affects your taxes.

Course Highlights 🎥📄:

Topics Discussed:

• Business Entity Types: Learn about the various business structures in South Africa and their tax implications.

  • Sole Proprietor
  • PTY LTD
  • Partnership
  • CC (Close Corporation)
  • Independent Contractors or Freelancers
  • Small Business Corporation (SBC)

• Provisional Tax and Turnover Tax: Understand how these taxes apply to your side business.

• Deductions: Identify what types of expenses you can claim, including home office tax deductibles and their impact on Capital Gains Tax.

• Income Tax Returns: Step-by-step guidance on completing your returns accurately.

• Financial Records: Learn how to maintain accurate financial records for your business.

• Travel Costs: Claims against travel costs and the importance of maintaining a Travel Log Book.

• Caution with Auto-assessments: Understand why it's important to review SARS auto-assessments carefully.

What You Get With This Course:

• Video Presented Course: Engage with content that's easy to understand and retains key concepts.
• Downloadable Course Material: Keep resources on hand for future reference.
• Certificate of Training: Earn a certificate to showcase your commitment to learning and compliance.
• Assessment: Test your knowledge to ensure you've grasped the course material.
• SAIT Accredited - 4 Verifiable CFP Points: Gain professional recognition with credits from the South African Institute of Taxation.

About the Presenter: Ruzel van Jaarsveld 🏆

Ruzel van Jaarsveld has over 23 years of financial and bookkeeping experience, working with a diverse range of industries and corporate environments. Her expertise includes trial balance, payroll, VAT, PAYE returns, inventory control, management accounting, e-filing, and the procedures of importing and exporting.

As a seasoned appointed facilitator with Biz Facility, Ruzel has been presenting various national practical financial workshops to business owners and corporate financial staff for numerous years. Her passion for finance education ensures that you will receive valuable insights and real-world knowledge to navigate your tax obligations confidently.

Join us in this informative course designed to help you manage your finances effectively and stay compliant with South African tax laws, all while growing your side business! 📈💼🚀