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General introduction to taxation - Tax base - Tax structure - Methods of determining tax rates - Principles of a tax system - Taxation in South Africa - Legislative process - Types of taxation - Administration of tax legislation - Judicial decisions - Tax implications for different enterprise types

- Value of property - Deemed property - Usufruct - Deductions - Donations to PBO - Improvements made - Section 4A rebate

Framework providing guidance and calculations for donations tax: - Exemptions - General exemption - Ufrustruct value - Bore Dominium - Annuity

Framework for a farming taxation question including - Income (sales, subsidies, rations/consumption) - Close/open stock of harvested produce - Expenses - General expenses - Capital allowances - Capital development expenditure

Fringe benefits calculation - Right of use asset - Motor Vehicle - Residential and holiday accommodation - Free or cheap services - Low interest loans - Deemed loans - Discharge or payment obligations - Contribution to medical scheme - Medical expenses - Insurance policies - Contributions to retirement fund Section 8 Allowances: - Fixed allowances - Travel allowances - Subsistence allowance

Input vs Output tax and examples

Gross income framework including: - Gross income - Deemed inclusions - Exempt income - Deductions - Assessed Losses - Capital gain - Retirement fund contribution - Donations Including all section numbers and calculations

- Accumulating leave = vesting and non vesting - Non-accumulating leave - Profit sharing and bonus plans - Accumulating limited period and vesting

- Purpose of impairment - Recoverable amount - Impairment Test = Impairment loss and reversal - Exceptions - Future depreciation

- Definition of investment property - Ways to account for property - What is investment property? - Joint use and separate classification - Ancillary services - Initial measurement - Initial cost - Subsequent measurement (cost vs revaluation model) - Fair value when unable to measure FV - Transfers