Ethics in Tax Practice
Presenters : Caryn Maitland
Overview
In today’s complex tax landscape, the line between tax efficiency, legal compliance, and ethical responsibility is increasingly difficult to define. Tax practitioners are expected not only to interpret intricate legislation and meet demanding client expectations, but also to act in accordance with ever-tightening regulatory and societal standards.
This practical and thought-provoking video addresses real-world ethical challenges in tax engagements. Using the IFAC Code of Ethics as a foundation, it explores SARS’ expectations, common grey areas, and the pressures tax professionals face when balancing client interests with professional integrity.
Participants gain clarity on how to recognise ethical red flags, apply sound judgement, and uphold core ethical principles—ensuring both legal compliance and reputational protection in a demanding professional environment.
Video Content
- Core ethical principles applicable to tax professionals (integrity, objectivity, confidentiality, competence, professional behaviour)
- Common ethical dilemmas in tax engagements: aggressive planning, grey areas, and client pressure
- SARS and stakeholder expectations: balancing advocacy and professional responsibility
- Ethical decision-making frameworks and documenting professional judgement
- Handling suspected non-compliance with laws and regulations (NOCLAR) in tax contexts
Competencies Developed
After watching this video, you can:
- Apply fundamental ethical principles to everyday tax practice scenarios
- Identify and assess ethical risks, including client pressure and conflicting expectations
- Exercise professional judgement when navigating moral grey areas or complex tax arrangements
- Use decision-making frameworks to guide and document ethical responses
- Understand ethical obligations under the IFAC Code and NOCLAR principles in tax practice
Related Webinars
Ethical Tax Practice: The Role of Tax Professionals as Moral Agents in Society