The professional certificate provides foundational technical training relating to payroll and employee taxation including the practical elements of completing a basic payroll run and submitting the relevant SARS returns. The course is focused on integrating theory by simulating the reallife world of work and will enable participants to advancetheir career in payroll administration.
The taxation of highnetworth Individuals HNWIs remain a risk for revenue authorities globally. These individuals have the financial resources to aggressively plan and structure their affairs and it generally incorporates multiple vehicles including trading companies passive investment companies trusts and offshore investments.
This professional certificate covers the planning and administration of estates including insolvent estates incorporating deceased estate administration procedures the functions of the Master of the High Court intestate and testate succession the law of trusts sequestration and its consequences and to windup both deceased and insolvent estates of individuals and corporates.
The purpose of this professional certificate is to develop the critical research problem solving and writing skills to draft TAA compliant tax opinions that will mitigate SARS penalty risk. The course will also equip participants to effectively respond to SARS letter of audit findings prepare technical sound SARS objections and appeals.
The professional certificate begins with a specific valueadded tax VAT online diagnostic to determine any gaps in course participants knowledge resulting in the common pitfalls identified by SARS. A tailored elearning journey will be delivered to address the gaps whilst focussing on simulated reallife scenarios and the VAT 201 form.
South Africa has a destinationbased valueadded tax VAT system. The VAT rules dealing with the international movement of goods or services are closely linked to the rules governing customs and excise exchange control as well as general commercial rules governing international trade.
The course is designed to empower course participants with applied working and practical knowledge of the fundamentals of taxation that will secure the course participant the license to practice as a registered tax practitioner with SARS and professional membership with the South African Institute of Tax Professionals SAIT.
The knowledge and practical skills gained in this bridging programme for experienced tax practitioners will provide course participants with the foundational knowledge and practical skills to perform SARS tax compliance functions and services including the preparation and submission of tax returns.
This bridging programme for graduates and experienced tax practitioners provides participants with the advanced skill to practice as a tax consultant and advisor. Successful course participants will be eligible to apply for membership of the South African Institute of Tax Professionals and the designation Tax Advisor SA and receive a professional occupational qualification that is registered on the National Qualification Framework NQF 8 after completion of the EISA exam.
This is the first semester module of the Professional Certificate in Taxation and can be taken as a standalone module. The outcome of this module is to ensure participants are able to submit individual tax returns without errors including the ITR12 IRP6 EMP501 and EMP201 returns.