The public sector finance series is designed for public sector personnel who are involved in the finance area or those who interact with the finance team. This may also include human resources, payroll, accounts payable and accounts receivable staff.
This series will cover the fundamental concepts and provide an overview on the numerous Inland Revenue updates that have recently been released. We will also consider the topical issues that we have been dealing with - particularly as a consequence of COVID-19. We will include recent real life examples from the public sector to illustrate the practical application of the rules. Our series also focuses on the challenges of financial reporting requirements for the public sector.
This workshop will provide a good refresher of the basics, along with a walkthrough of the GST rules unique to the public sector. We will also give an overview of areas that have undergone significant change in recent times and an update on Inland Revenue’s activity in the sector.
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PAYE continues to be the largest area of tax for most public sector entities, and together with the correct identification of withholding taxes on schedular payments, it is an important area of tax compliance. With COVID-19 profoundly changing the way people work, it is more important than ever to know what you can provide to employees tax free and when.
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This workshop provides coverage of the core legislation considerations and our insights into Inland Revenue’s latest interpretation on key issues. We will use real life case studies to bring the legislation to life.
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This workshop is an opportunity for you to keep up-to-date with current financial reporting challenges relevant to the public sector. While the COVID-19 pandemic continues to significantly affect the world’s economy and leaders continue to grapple with the immediate challenges of running their businesses in this environment, compliance obligations still need to be met, including financial reporting.
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