1 / 12

OLD MUTUAL PRIVATE WEALTH MANAGEMENT

OLD MUTUAL PRIVATE WEALTH MANAGEMENT. PRESENTATION. Contents. Welcome and introductions Kelly & Kinder Tax for commission earners Tax compliance Exchange control. Kelly & Kinder. Who we are:- Robin Kelly Phil Kinder What we stand for:- Person to person. Kelly & Kinder Cont….

yeva
Download Presentation

OLD MUTUAL PRIVATE WEALTH MANAGEMENT

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. OLD MUTUALPRIVATE WEALTH MANAGEMENT PRESENTATION

  2. Contents • Welcome and introductions • Kelly & Kinder • Tax for commission earners • Tax compliance • Exchange control

  3. Kelly & Kinder • Who we are:- • Robin Kelly • Phil Kinder • What we stand for:- • Person to person

  4. Kelly & Kinder Cont… • Service offering • Accounting services • Payroll services • Taxation services • Consulting services • Offshore services 13 July 2014 4

  5. Kelly & Kinder Cont… • Client profile • Small to medium enterprises • Individuals requiring person to person tax advice and assistance 13 July 2014 5

  6. Tax for Commission Earners • Income (> 50% from commission) • Less: Expenses/Losses • In the production of income • Not of a capital nature • Less: Deductions/Allowances • Equals: Taxable income/loss 13 July 2014 6

  7. Expense Examples • Direct expenses • Telephone/Internet • Entertainment/Refreshments • Motor vehicle expenses • Business vs private

  8. Expense Examples Cont… • Home office expenses • Interest & insurance • Electricity & water • Rates • Cleaning 13 July 2014 8

  9. Deductions/Allowances • Repairs • Wear and tear • Computer equipment • Office equipment • Software • Pension/RA/Medical

  10. Tax Compliance • Tax directives • Provisional tax returns • VAT returns • Annual income tax return • Turnover tax 13 July 2014 10

  11. Exchange Control • Foreign investment allowance • Tax clearance application • Earning income offshore

  12. Contact details • Web-site: www.kellyandkinder.co.za • E-mail: robin@kellyandkinder.co.za • E-mail: phil@kellyandkinder.co.za • Cell: Robin – 083 651 3374 • Cell: Phil – 083 635 9029 • Office: 031 765 3468 13 July 2014 12

More Related