PPT Slide
RELEVANT TAXATION INFORMATION
Section 51 (1) of the Income Assessment Act (1936.)
Expense incurred in gaining or producing assessable income are allowable TAX DEDUCTIONS
Section 221D of the Income Tax Assessment Act.
Allows for the variation of the normal prescribed tax installments deducted from P.A.Y.E. Tax Payers.
Refunds of non-tax deductible join up, up-front service fees of commissions payable on join up Investment products are capital in the hands of the investor except in the case of E.T.P. (Eligible Termination Payment.)