Tax Happy Hour 2 – 2024

Whilst this Tax Happy hour discussion will contain certain technical content, the discussion will primarily focus on accounting and tax treatment of long-term construction contracts. March 2024

Date:

2 December, 2024

Time:

Available from 08:00

Hours:

1 hour

CPD Units:

Category:

Taxation

Group:

Channel 0: Foundation, Channel 1: Compliance

Format:

Webinar

Product Information

In this session we will deal with the accounting and tax treatment of long-term construction contracts with specific reference to the following:

Treatment of costs incurred to date, revenue received to date and accounting recognition of profits/losses.
Gross Income definition and progress payments, deposits and retentions.
Sections 22(2A) and 22(3A).
Section 24C allowances.
Deferred tax.
VAT pitfalls and opportunities.

Please join us for this highly informative and practical session.

What will set you apart

By attending this webinar you will gain the following competencies:

Treatment of costs incurred to date, revenue received to date and accounting recognition of profits/losses.
Gross Income definition and progress payments, deposits and retentions.
Sections 22(2A) and 22(3A).
Section 24C allowances.
Deferred tax.
VAT pitfalls and opportunities.

Event breakdown

Treatment of costs incurred to date, revenue received to date and accounting recognition of profits/losses.
Gross Income definition and progress payments, deposits and retentions.
Sections 22(2A) and 22(3A).
Section 24C allowances.
Deferred tax.
VAT pitfalls and opportunities.

Certificate

The following event is awarded 1 CPD unit in Taxation

Presenter/s

Johan Heydenrych

Johan Heydenrych is a taxation specialist since 1991, Johan is known for his expertise in complex tax advisory and compliance, currently serving as a partner at Kreston SA.