Lesson · Introduction to South African tax
Company income tax: from accounting profit to taxable income
Adjust Baobab's accounting profit to taxable income.
16 minutes Standard as at 2 November 2026
What you will be able to do
- Adjust Baobab's accounting profit to taxable income
- Calculate the tax payable at the company rate
This is a preview of a member lesson. The full lesson is in the Introduction to South African tax library, open to everyone who enrols.
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IFRS and SAM, one requirement at a time
Each week you get the Institute's new articles: one requirement of IFRS 17, IFRS 9, IFRS 15, IFRS 18 or SAM, worked on a South African case. You start with the free IFRS 18 readiness checklist, ten areas to work through before IFRS 18 takes effect, each with its paragraph reference.