FAQs: Credibility of Tax Education Programs by The Tax Faculty

FAQs: Credibility of Tax Education Programs by The Tax Faculty

• 07 March 2024
• Faculty News
• The Tax Faculty

Will SAIT be entitled to outright deny students entry to the final EISA board exam?

No, this is another example of how Mr Engel's conduct and public pronouncements are causing panic among innocent students studying for the Occupational Certificate qualifications.

The Tax Faculty is accredited by the Quality Council for Trades and Occupations (“QCTO”). The Tax Faculty was recently re-accredited. Students who complete all three components of the qualifications, namely the knowledge, practical skills, and workplace experience components, receive a statement of results issued by The Tax Faculty as the Skills Development Partner of the QCTO.

Candidates with a statement of results will indeed be eligible to write the External Integrated Summative Assessment (EISA) administered by the South African Institute of Taxation (SAIT) on behalf of QCTO.

Click here to see the recent accreditation letter issued by QCTO.

We welcome all any person with further enquiries to contact The Tax Faculty Learner Management Team on 012 943 7002 if they have any further queries or concerns.

What about the CPD training I undertook through The Tax Faculty?

Continuous Professional Development ("CPD") training programs hosted through The Tax Faculty are accredited by the Financial Planning Institute ("FPI"), a SARS Recognised Controlling Body ("RCB"). Based on the principle of reciprocity within the SARS RCB regulatory framework, SAIT is morally and ethically obliged to recognise the FPI-accredited CPD training offered by CPD presenters on The Tax Faculty learner management system, provided it meets the SARS requirements for remaining a registered tax practitioner. This is due to the fact that SARS accepts the FPI verification process of CPD offered by corporate members accredited by the FPI to offer tax CPD.

SAIT members who have been adversely affected by SAIT's decision to reject their CPD activities in recent months have instructed Mr Bertus Louw at VFV Attorneys to formally engage with SAIT and SARS about SAIT’s irrational decision to reject their CPD training. Mr Louw can be contacted via email at Bertus@vfv.co.za

I belong to a different professional body than SAIT. Is my CPD training performed via The Tax Faculty acceptable to my professional body?

Continuous Professional Development ("CPD") training programs hosted through The Tax Faculty are accredited by the Financial Planning Institute ("FPI"), a SARS Recognised Controlling Body ("RCB"). Based on the principle of reciprocity within the SARS RCB regulatory framework, SAIT is morally and ethically obliged to recognise the FPI-accredited CPD training offered by The Tax Faculty CPD presenters, provided it meets the SARS requirements for remaining a registered tax practitioner. This is due to the fact that SARS accepts the FPI verification process of CPD offered by the corporate members of the FPI.

Is it possible for The Tax Faculty to become a SARS Recognised Controlling Body?

The Tax Faculty is a higher learning institution and not a professional body. Its mandate as a Public Benefit Organisation is to provide tax education. Currently, The Tax Faculty’s mandate does not include the functions typical of a controlling body of tax practitioners.

Expanding The Tax Faculty’s mandate to become a SARS Recognised Controlling Body (“RCB”) would require an amendment to its Memorandum of Incorporation. Should the members of The Tax Faculty believe that the institution should expand the objectives of The Tax Faculty beyond education, then becoming an RCB would be a possibility to explore

What can SAIT members do to address their concerns at the way Mr Engel is managing the affairs of SAIT?

SAIT members are questioning the manner in which SAIT is managed under Mr Engel's leadership. More than 1,100 SAIT members signed the petition. The petition page is available at this link.

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