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Corporate Income Tax Fundamentals

Accounting profit and taxable income are rarely the same number, and the difference has to be explained line by line. Delegates follow the tax computation of a South African company under the Income Tax Act, from gross income and general deductions through capital allowances, assessed losses and provisional tax obligations.

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What you will be able to do

  • Trace the path from accounting profit to taxable income in a corporate computation.
  • Apply the gross income definition and the general deduction principles to real transactions.
  • Distinguish capital from revenue in receipts and expenditure and explain the consequence.
  • Claim wear and tear, building and other capital allowances on qualifying assets.
  • Account for capital gains on disposals and for the carry forward of assessed losses.
  • Plan provisional tax estimates and reconcile them to the final assessment.

Course outline

  1. 01Structure of the corporate tax computation
  2. 02Gross income, receipts and accruals
  3. 03General deductions and prohibited expenditure
  4. 04Capital versus revenue in practice
  5. 05Capital allowances and asset registers
  6. 06Capital gains on disposal of assets
  7. 07Assessed losses and group considerations
  8. 08Provisional tax, assessments and dispute steps

Who should attend

Financial managers, financial accountants, tax administrators and audit staff who prepare or review company tax computations, as well as business owners who sign off on their own returns.

Dates, venues and fees

DatesVenueDaysFeeCalendarRegister
28 to 30 Sep 2026Maseru3US$1,500Closed
29 Sep to 1 Oct 2026Mbabane3US$1,500Register
30 Sep to 2 Oct 2026Lusaka3US$1,500Register
5 to 7 Oct 2026Harare3US$1,500Register
6 to 8 Oct 2026Lilongwe3US$1,500Register
7 to 9 Oct 2026Blantyre3US$1,500Register
12 to 14 Oct 2026Mozambique3US$1,500Register
13 to 15 Oct 2026Nairobi3US$1,500Register
14 to 16 Oct 2026Dar es Salaam3US$1,500Register
19 to 21 Oct 2026Kigali3US$1,500Register
20 to 22 Oct 2026Kampala3US$1,500Register
21 to 23 Oct 2026Accra3US$1,500Register
26 to 28 Oct 2026Lagos3US$1,500Register
27 to 29 Oct 2026Cairo3US$1,500Register
28 to 30 Oct 2026Mauritius3US$1,500Register
2 to 4 Nov 2026Dubai3US$1,500Register
3 to 5 Nov 2026Online3US$900Register
30 Nov to 2 Dec 2026Johannesburg3R13,000Register
1 to 3 Dec 2026Cape Town3R13,000Register
2 to 4 Dec 2026Durban3R13,000Register
7 to 9 Dec 2026Pretoria3R13,000Register
8 to 10 Dec 2026Windhoek3US$1,500Register
9 to 11 Dec 2026Gaborone3US$1,500Register

Fees are per delegate. South African venues are priced in rand; other locations and online in US dollars. Fees exclude 15% VAT where applicable. Group bookings of three or more delegates from the same organisation qualify for a reduced rate; contact us for a quotation.

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