Farming is an integral part of our economy. As a result, we need to come to grips with the specialised aspects of farming taxation.
This session will aim to cover the following areas:
Who is a farmer?
What constitutes farming income?
What are the best practices we need to consider to take advantage of the incentives?
What special allowances or considerations should farmers apply in their record-keeping?
After attending this webinar, delegates will have gained an understanding of the competencies mentioned below and must be able to apply the concepts and techniques in most situations and environments:
How to calculate farming income.
How to apply the relevant ringfencing provisions.
Tax practitioners, tax accountants, tax managers and tax executives.