This is the second semester module of the Professional Certificate in Taxation and can be taken as a standalone module. The module will cover VAT, corporate income tax, key tax administrative procedures and gives participants guidance on practice management, ethics and responsibilities.
The course is divided into a theoretical knowledge and a practical simulation component. The simulation component will ensure that theoretical knowledge can be practically applied in the completion and submission of tax returns without errors namely the ITR14 and VAT2017 returns as well as the IT14SD.
The knowledge and practical skills across the following topics are covered:
The world of business tax.
Value-added tax (VAT).
Capital gains tax (corporates).
Taxation of other entities.
Tax Administration Act.
Tax avoidance and evasion.
This semester module forms part of the Professional Certificate in Taxation and the first module (Certificate in Taxation of Individuals) needs to be completed before attempting this module.
You need to successfully complete the following in order to receive your certificate:
Two knowledge assignments.
Two simulation assignments.
A formal exam including knowledge and simulation assignments.