HOW PROFESSIONAL TAX TRAINING CAN HELP YOUR BUSINESS
Training employees on their tax helps them understand that they are being paid fairly, keeps them motivated, and reduces the number of queries the payroll department has to handle.
“However, tax can be complex and confusing, and training should be provided by an experienced remuneration specialist,” advises Tosen.
We offer a two-day tailor-made, interactive, hands-on practical and technical tax workshop which extends to Payroll, Human Resource and Finance employees in English, Zulu & Sotho.
The training will cover the basics of employees’ tax, personal tax computations and benefits. Our training starts with the assumption of a zero-knowledge base and takes delegates step-by-step through the basic calculations which build up to more complex computations. Delegates walk away with the ability to do actual tax calculations and verifications as opposed to just the technical theory.
THE TRAINING WE PROVIDE WILL COVER
Basic monthly income tax calculations;
Annualised tax calculations;
Bonus month tax computation;
Tax refund where part-year employment;
Additional tax where more than one source of income;
Unemployment Insurance Fund (UIF) and Skills Development Levy (SDL)
Pension/Provident, retirement annuities, medical aid rules, travel allowance computation etc;
Employee benefits including pension, provident defined contribution and defined benefit, medical aid, life cover, disability cover (permanent health insurance and income protection), lifestyle benefits, etc; and
Cost to Company vs Basic Plus Benefits remuneration structures.
The Tax Consulting team provided a 1-day Tax workshop to 21 MTN staff members. The tax content was practical and interesti Having to manually calculate examples yourself makes the training very effective.
MTNSenior Manager: Policy, Governance & International Mobility
The workshop was very informative and interesting. The team exercised huge patience with some of us and the value-add was a bonus. The course provides good examples and lays a solid foundation to Tax and Cost to Company knowledge base.
SARA Tax Workshop
Thank you for the awesome training you did. I could see that the administrators really enjoyed it and appreciated the pace you worked at. I would recommend you to any firm. You did an excellent job.