Freelancers and Independent Contractors and Tax
Earning additional income from a side business?
Finance and Accounting,Taxes,Tax Preparation
Lectures -6
Resources -1
Duration -2 hours
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Course Description
****Please note that this course is based on South African Tax****
Freelancing and not sure how to approach your tax obligations to SARS?
Not sure what income to declare or business expenses to deduct?
More people are finding themselves outside the permanent labour force and are conducting their work removed from the traditional employer-employee relationship.
The employment landscape increasingly includes freelancers, independent contractors, personal service providers and part-timers, bringing with it a whole range of complex tax rules that can make life quite difficult if not applied correctly.
Topics Discussed:
Know what kind of business you are running –
Sole Proprietor
PTY LTD
Partnership
CC
Independent contractors or freelancers
Small Business Corporation
Provisional Tax and Turnover Tax
How are you taxed on your 'side business'
Types of expenses claimed as deductions
Benefit from home office tax deductibles
Home office deductions and the impact on Capital Gains Tax
How to complete your income tax return
Maintaining an income statement
Claims against Travel Costs and the importance of a Travel Log Book
Caution in accepting Auto-assessments from SARS
All Included:
Video presented course
Downloadable course material
Certificate of training
Assessment
SAIT Accredited - 4 verifiable CPD points
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.
Who this course is for:
- Freelancers
- Independant Contractors
- Business owners
- Managers
Goals
Calculate tax as a freelancer
Caculate tax as a Contractor
Provisional Tax and Turnover Tax
How are you taxed on your 'side business'
Types of expenses claimed as deductions
Home office deductions and the impact on Capital Gains Tax
How to complete your income tax return
Maintaining an income statement
Claims against Travel Costs and the importance of a Travel Log Book
Prerequisites
No prior experience needed
Little to Basic Understanding of Tax
Please note that this course relates to South African tax only

Curriculum
Check out the detailed breakdown of what’s inside the course
Introduction
1 Lectures
-
Introduction 18:16 18:16
Freelancers and Independent Contractors and Tax
5 Lectures

Instructor Details

Bizfacility
We offer a variety of self-study courses, and packages to provide an understanding of all aspects of Bookkeeping, Accounting, Financial instruments, Management Accounting and Financial procedures that are essential for the running of a business.
As finance is a universal language, all online courses offered through UDEMY, are useful to anyone in the world as it complies with IFRS (International Framework of Reporting Standards) and does not include any country-specific VAT or tax content.
Course Certificate
Use your certificate to make a career change or to advance in your current career.

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