Short Course in Value-Added Tax


Date: Mar 29, 2023 - Jun 29, 2023

Application fee: R450.00

Once-off: R5,950.00

Lecturer: Samantha King
GTP(SA)
Lecturer: Richelle van den Berg
CA(SA) MCom Accounting

As technology replaces routine transactions, it is crucial that you understand the practical knowledge of value-added tax (VAT). In order to remain relevant in the Fourth Industrial Revolution, you will need to be able to utilise technology via data extractions to perform VAT reconciliations and VAT saving reviews.

Please see full course payment breakdown below.

As technology replaces routine transactions, it is crucial that you understand the practical knowledge of value-added tax (VAT). In order to remain relevant in the Fourth Industrial Revolution, you will need to be able to utilise technology via data extractions to perform VAT reconciliations and VAT saving reviews.

This short learning programme (SLP) is designed to empower you with this crucial skill in addition to the applied working and practical knowledge of the fundamentals of VAT, whilst focusing on simulated real-life scenarios and the VAT 201 form.

After the successful completion of this course, you will have gained the skills and knowledge to identify crucial VAT savings for your own business, employer, or client’s business.


Mode of delivery

Online learning with flexible weekly study plans.


Duration and effort

Duration: 12 weeks.

Weekly effort: Four to six hours per week.


What you will learn in this course

The following modules include both the knowledge and practical skills in order to master the subject:

  • Introduction and calculation of VAT.
  • Output VAT.
  • Input tax.
  • Rulings and interpretation, VAT adjustments and dispute resolution process.
  • VAT management.

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.

This course is for you if:

  • You want to gain the required practical and technical skills to complete VAT returns.
  • You are a bookkeeper or tax practitioner responsible for calculating and submitting VAT submissions on behalf of a company.
  • You require a VAT refresher course.

Outcomes

After successful completion of the course, you will be able to:

  • Demonstrate the ability to 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 to complete VAT returns and perform VAT calculations.
  • Apply an informed understanding of the legal VAT requirements and context applicable in South Africa and its impact on taxpayers.
  • Demonstrate an informed understanding of the core areas of VAT as well as the key terms, concepts, facts, general principles, rules, and theories related to VAT.
  • Compute, complete and review routine tax returns and calculations related to VAT.

Accreditation

This course is presented as a 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 (QCTO) 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 practical assignments and a final integrated assessment. Successful learners will receive a SLP certificate of competence issued by The Tax Faculty. In addition, this just-in-time learning programme also qualifies for verifiable Tax CPD.


Student support and online campus

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

Total: R5 950.00 (incl. VAT).

Payment option 2: Debit order

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

Two instalments: R3 400.00 per month (incl. VAT).
Total: R7 250.00 (incl. VAT).


* 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 iLearn platform will be communicated, should your payment not reflect on The Tax Faculty’s bank account.
  • Only written notice of cancellation will be accepted.

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?

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