Professional Certificate in Taxation of Corporates

Course overview

Whether you are a tax practitioner or an employee at a corporate, navigating corporate income tax and value-added tax (VAT) can be overwhelming due to the complex nature and tax compliance requirements related to said taxes.

This course will cover VAT, corporate income tax, key tax administrative procedures and gives you guidance on practice management, ethics, and responsibilities. This is the second semester module of the Professional Certificate in Taxation and can be taken as a standalone module.

The short learning programme (SLP) is divided into a theoretical knowledge and 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 VAT201 returns as well as the IT14SD.

Mode of delivery

Online learning with flexible weekly study plans.

Effort and duration

Duration: Six months.

Weekly effort: Five to seven hours a week.

What you will learn in this course

• Basic financial accounting.
• VAT.
• Tax administration:
  • Advanced tax rulings.
  • Tax avoidance and tax evasion.
  • Objections and appeals.
• Business tax fundamentals:
  • Income (corporates).
  • Deductions (corporates).
  • Capital allowances.
  • Capital gains tax (corporates).
• Other taxes:
  • Dividend’s tax.
  • Secondary tax on companies.
  • Return of capital.
• Taxation of other entities:
  • Small business corporations and micro businesses.
  • Taxation of labour brokers and personal service providers.
  • Introduction and taxation of partnerships.

This course is for you if:

• You want to gain the required practical and technical skills to complete corporate and VAT returns.
• You want a SLP certificate in taxation that will earn you the recognition that you deserve.
• You want a tax refresher course.

Admission requirements

• A national senior certificate or equivalent NQF 4 qualification, with a minimum of 40% in English, Maths or Maths Literacy and one other academic subject.
• A sufficient level of mathematical and computer literacy skills to be able to participate in the learning programme.
• English communication skills.

Outcomes

• Gather and use information from a range of sources and communicate information reliably, accurately, and coherently, using conventions and computerised tools appropriate to the business context of the professional tax practitioner.
• Demonstrate an informed understanding of the legal framework and context applicable in South Africa and its impact on taxpayers and tax practitioners, as well the legal and ethical requirements relevant to the tax profession.
• Apply an informed understanding of the general and specialist principles related to corporate income tax and VAT, and theories of the tax profession.
• Compute, complete and review routine tax returns related to corporate income tax and VAT within the prescribed regulations, based on relevant evidence and accounting procedures.

Accreditation

This course is presented as a short learning programme (SLP) by The Tax Faculty (TTF). TTF is recognised as a continuous professional development (CPD) provider by controlling bodies accredited in terms of the Tax Administration Act, 2011 (Act No 28 of 2011), and holds accreditation with the Quality Council for Trades and Occupations as a skills development partner (SDP) under the Skills Development Act, 1998 (Act No 97 of 1998).

Assessment and award of certificate

Learners are assessed via a number of formative and summative assessments. Successful learners will receive a SLP certificate issued by The Tax Faculty. This SLP certificate is non-credit bearing, however, successful learners articulating into the Occupational Certificate: Tax Technician (NQF 6) programme through The Tax Faculty, will obtain a statement of results towards the NQF 6 qualification. In addition, this just-in-time learning programme also qualifies for verifiable CPD.

Student support and online campus

The academic and practical skills component of the qualification is delivered on The Tax Faculty's online Tax Campus.

This will be your virtual campus for the duration of the programme. The course is presented as micro-learning videos, study guides, practice quizzes, discussion forums, practical case studies, assignment briefs and guided presentations on how to master case studies and assignments. Academic lecturers are available on the Q&A portal as they would be in a classroom.

At the beginning of each semester, you'll be presented with the course content plan, a study plan and important assignment dates which are set out at manageable deadlines. This will help you study at your own pace.

In addition, you will be allocated a course consultant who will help you navigate the online campus, support you with your weekly participation and deadlines, and will be able to answer any administrative queries you may have.

Flexible payment options

Payment option 1: Once-off payment

Once-off payment: R13 950.00.

Payment option 2: Debit order

Application fee (non-refundable): R450.00.

Six instalments: R2 550.00 per month.
Total: R15 750.00.

* First debit order will be collected on course start date. Remaining debit orders will be collected on the first working day of each month.

Payments and cancellations

• All required minimum payments must be made by direct EFT or by credit card before the commencement of a course. The once-off payment is required to be paid before the course start date, as well as the application fee of learners on a debit order plan (the first debit order is also required on the start date of the course).
• Kindly note that should debit order payment terms not be adhered to; legal action will be taken and access to the online learning platform suspended.
• Proof of payment may also be requested before access to the online platform will be communicated, should your payment not reflect on The Tax Faculty’s bank account.
• Only written notice of cancellation will be accepted.
• To view our full terms & conditions click here.

Conditions

For all short learning programmes (SLPs) with a seven-month or less rollout period, the following will apply:

• If the cancellation is requested more than 10 working days prior to the course start date, no cancellation fee will be applicable.
• If the cancellation occurs less than 10 working days prior to the course start date, a 100% cancellation fee will be applicable.
• Students who register for a course and fail to attend will be held liable for the full course fee.
• The course application fee is non-refundable.
• The Tax Faculty’s liability in the case of a course being cancelled will be limited to a refund of the course fee.
• Students who have failed to successfully complete the course, and wishing to repeat will be charged the full course fee to repeat.

Why wait?

Get your application in to avoid disappointment. Click below to start your application.