Nov 3, 2011

Appreciation of Practical Taxation for Beginners

Course outline
1) Income Tax Act 1965
2) Introduction to Taxation
3) Self-Assesment
4) Residence Status
5) Basis Period
6) Income
-Business
-Non-Business Income
-Taxable Income & Non Taxable Income

7) Deductions
-Allowable Deduction
-Non-Deductible Expenses
-Prohibited Expenditure

8) Capital Allowance
-Initial & Annual Allowance
-Balancing Charge & Allowance
-Control Transfer

9) Business Loss
10)Dividend
-Tax imputation System
-Single tier System

11)Witholding Tax
12)Tax Audit & Investigation
-Audit
-Investigation

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