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2021 COURSE CATALOGUE Flexible. Online. Part-time. Riverwalk Office Park | 41 Matroosberg Road | Ashlea Gardens | Pretoria @thetaxfaculty GET SOCIAL WITH US @TheTaxFaculty +27 (0)12 943 7002 [email protected] @thetaxfaculty taxfaculty.ac.za

2021 COURSE CATALOGUE - Tax Faculty

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2021 COURSE CATALOGUEFlexible. Online. Part-time.

Riverwalk Office Park | 41 Matroosberg Road | Ashlea Gardens | Pretoria @thetaxfaculty

GET SOCIAL WITH US

@TheTaxFaculty

+27 (0)12 943 [email protected] @thetaxfaculty

taxfaculty.ac.za

PREPARING FUTURE TAX LEADERS, TODAY

Our accredited online courses in taxation will help you solve the most pressing tax problems,

freshen up on your critical thinking skills and remain relevant through the Fourth Industrial

Revolution. Our course experts give you the tools, simulations, advice and best practices you

need to succeed.

At the core of our educational methodology, we enable you to approach business and

tax problems using critical thinking skills. We developed a unique tax learning

methodology to prepare future tax professionals with metacognitive skills,

and to develop higher order thinking skills through analysis, evaluation

and synthesis. It consists of three parts, namely academic knowledge,

practical simulation and critical thinking.

We invite you to use this catalogue to learn more about our portfolio of courses and

to go on to enrol on one of these exclusive training

opportunities today. Your future starts here.

CONTENTS01. QUALIFICATIONSLeading to a SAIT designation

Diploma: Tax Technician 05Diploma: Tax Technician (Accelerator Programme) 06Specialist Diploma: Tax Professional (Accelerator Programme) 07

02. PROFESSIONAL CERTIFICATESThree to twelve-month certificates

Professional Certificate in Taxation 09Professional Certificate in Taxation of Individuals 10Professional Certificate in Taxation of Corporates 11Professional Certificate in Transfer Pricing and International Tax 12Professional Certificate in Principles of International Taxation 13Professional Certificate in Transfer Pricing 14Professional Certificate in Estate and Trust Administration 15Professional Certificate in Payroll Taxes and Administration 16Professional Certificate in Tax Opinion and Dispute Writing 17

03. SHORT COURSESOne to three-month certificates

Short Course in Value-Added Tax 19Short Course in Accounting for Tax in Financial Statements 20Short Course in International Value-Added Tax and Trade 21

01QUALIFICATIONSLeading to a SAIT designation

taxfaculty.co.za

Diploma: Tax Technician 05Diploma: Tax Technician (Accelerator Programme) 06

Specialist Diploma: Tax Professional (Accelerator Programme) 07

5taxfaculty.ac.za

The knowledge and practical skills gained in this qualification will provide course participants with the foundational knowledge and practical skills to perform SARS tax compliance functions and services, including the preparation and submission of tax returns. Completion of this course, as well as the knowledge, practical skills and workplace experience modules, provides entry into the final external integrated summative assessment (EISA) which is administered by the South African Institute of Tax Professionals (SAIT) and the Quality Council of Trades and Occupations (QCTO).

DIPLOMA: TAX TECHNICIAN

DURATION OF THE COURSE30 months.

LANGUAGEThe teaching medium is English.

REGISTRATION REQUIREMENTSA senior certificate or equivalent NQF 4 qualification. At least one-year experience in completing tax returns.

FEESPayment option 1: Once-off payment Once-off payment: R43 564.00.

Payment option 2: Debit orderApplication fee (non-refundable): R450.00.20 instalments: R2 505.00 per month.Total: R50 100.00.

Payment option 3: SAIT members in good standing discountApplication fee (non-refundable): R450.00.Once-off payment: Qualify for a 50% discount.Monthly options: Application fee (non-refundable) of R450.00 and a 25% discount on the total amount.

* The discount will decrease the number of debit orders and not the monthly amount.

COURSE PROGRAMME

The tasks of a Tax Technician include the

demonstration of the following competencies:

• Registering a taxpayer, calculation and finalising

income tax, payroll tax and VAT returns for both

Individuals and Corporates.

• Analysing assessments.

• Initiating disputes as part of dispute resolution.

COURSE DELIVERY

The knowledge and practical components of the course are delivered via The Tax Faculty’s virtual campus and webinar platforms whilst the final EISA exam is administered by SAIT at an additional fee.

On successful completion of the EISA, you will receive the Tax Technician Occupational Qualification from QCTO. Successful learners will be eligible to maintain/apply for membership of SAIT and the designation Tax Technician (SA).

FOR MORE INFORMATION ON THIS COURSE CLICK HERE

6taxfaculty.ac.za

The knowledge and practical skills gained in this bridging programme for experienced tax practitioners will provide course participants with the foundational knowledge and practical skills to perform SARS tax compliance functions and services, including the preparation and submission of tax returns. Completion of this course, as well as the knowledge, practical skills and workplace experience modules, provides entry into the final external integrated summative assessment (EISA) which is administered by the South African Institute of Tax Professionals (SAIT) and the Quality Council of Trades and Occupations (QCTO).

DIPLOMA: TAX TECHNICIAN (ACCELERATOR PROGRAMME)

DURATION OF THE COURSE18 months.

LANGUAGEThe teaching medium is English.

ENTRY REQUIREMENTSNQF 4 with at least three years’ working experience and recently completed annual tax CPD programme updateswith SAIT or similar such as SARS internal training.

FEESPayment option 1: Once-off payment Once-off payment: R27 500.00.

Payment option 2: Debit orderApplication fee (non-refundable): R450.00.12 instalments: R2 635.00 per month.Total: R31 620.00.

Payment option 3: SAIT members in good standingApplication fee (non-refundable): R450.00.Once-off payment: Qualify for a 50% discount.Monthly options: Application fee and a 25% discount on the total amount. * The discount will decrease the number of debit orders and not the monthly amount, thus 12 months would become 9 months of debit orders.

COURSE PROGRAMME

The occupational tasks of a Tax Technician include the demonstration of the following competencies: • Registering a taxpayer, calculation and finalising

of income tax, payroll tax and VAT returns.• Developing packs for audit purposes. • Analysing assessments. • Initiating disputes as part of dispute resolution.

COURSE DELIVERY

The Tax Faculty recognises that learning is achieved through past experience and therefore the learning journey will begin with a diagnostic from which tailored learning journeys are implemented, giving you the best opportunity to gain your qualification without having to start from scratch.

The knowledge and practical components of the course are delivered via The Tax Faculty’s virtual campus and webinar platforms whilst the final EISA exam is administered by the SAIT at an additional fee. On successful completion of the EISA, you will receive the Tax Technician Occupational Qualification from QCTO. Successful learners will be eligible to maintain/apply for membership of SAIT and the designation Tax Technician (SA).

FOR MORE INFORMATION ON THIS COURSE CLICK HERE

7taxfaculty.ac.za

This bridging programme for experienced tax practitioners provides participants with the advanced skill topractice as a tax consultant and advisor. Successful course participants will be eligible to apply for membershipof the South African Institute of Tax Professionals (SAIT) and the designation Tax Advisor (SA).Completion of this course, as well as the knowledge, practical skills and workplace experience modules, providesentry into the final external integrated summative assessment (EISA) which is administered by SAIT and theQuality Council of Trades and Occupations (QCTO).

SPECIALIST DIPLOMA: TAX PROFESSIONAL (ACCELERATOR PROGRAMME)

DURATION OF THE COURSE18 months.

Semester 1: Taxation of Individuals (6 months).Semester 2: Taxation of Corporates (6 months).Semester 3: Auxiliary topics and EISA preparation (6 months).

LANGUAGEThe teaching medium is English.

REGISTRATION REQUIREMENTSNQF 7 such as BCom in the fields of commerce, accountancy or law (or equivalent). Three years tax experience or signed learnership.

FEESPayment option 1: Once-off payment Once-off payment: R29 500.00.

Payment option 2: Debit orderApplication fee (non-refundable): R450.00.12 instalments: R2 827.00 per month.Total: R33 924.00.

Payment option 3: SAIT members in good standing Application fee (non-refundable): R450.00.Once-off payment: Qualify for a 50% discount.Monthly options: Application fee and a 25% discount on the total amount. * The discount will decrease the number of debit orders and not the monthly amount, thus 12 months would become 9 months of debit orders.

COURSE DELIVERY The Tax Faculty recognises that learning is achieved through past experience and therefore the learning journey will begin with a diagnostic from which tailored learning journeys are implemented, giving you the best opportunity to gain your qualification without having to start from scratch.

The knowledge and practical components of the course are delivered via The Tax Faculty’s virtual campus and webinar platforms whilst the final EISA exam is administered by SAIT at an additional fee. On successful completion of the EISA, you will receive the Tax Professional Occupational Qualification from QCTO.

COURSE OUTCOME The occupational tasks of a Tax Professional include the demonstration of the following competencies at an advanced level:

• Registering a taxpayer and finalising income tax, payroll tax and VAT returns.

• Reviewing or auditing tax balances.• Mediating tax disputes.• Writing tax opinions.

FOR MORE INFORMATION ON THIS COURSE CLICK HERE

02

Taxation 09Taxation of Individuals 10Taxation of Corporates 11Transfer Pricing and International Tax 12Principles of International Taxation 13Transfer Pricing 14Estate and Trust Administration 15Payroll Taxes and Administration 16Tax Opinion and Dispute Writing 17

PROFESSIONAL CERTIFICATESThree to twelve-month certificates

taxfaculty.co.za

9taxfaculty.ac.za

The course is designed to empower course participants with applied working and practical knowledge of the fundamentals of taxation. The knowledge and practical skills gained in this programme will provide participants with the foundational knowledge and practical skills to perform SARS tax compliance functions and services (including the preparation and submission of tax returns for individuals, corporates, farmers, partnerships, sole traders, companies, close corporations and trusts). Successful completion of the professional certificate exempts participants from writing the Tax Technician RPL examination required by the South African Institute of Tax Professionals (SAIT) to obtain membership at a tax technician level along with the appropriate work experience. The Professional Certificate in Taxation is equivalent to the first level in your learning journey to achieve the Occupational Diploma: Tax Technician (NQF 6).

PROFESSIONAL CERTIFICATE INTAXATION

DURATION OF THE COURSE12 months.

LANGUAGEThe teaching medium is English.

ENTRY REQUIREMENTSAt least three years structured working experience and recently completed annual tax CPD programme updates with SAIT orsimilar such as SARS internal training.

FEESPayment option 1: Once-off payment R21 950.00.

Payment option 2: Debit orderApplication fee (non-refundable): R450.00.12 installments: R2 104.00 per month.Total: R25 248.00.

Payment option 3: SAIT members in good standingApplication fee (non-refundable): R450.00.Once-off payment: Qualify for a 50% discount.Monthly options: Application fee and a 25% discount on the total amount. * The discount will decrease the number of debit orders and not the monthly amount, thus 12 months would become 9 months of debit orders.

COURSE PROGRAMME

The course is divided into two semester modules. The first module, Taxation of Individuals, covers the fundamentals of taxation, salaried employees’ income tax, self-employed individual taxes (including farming) and payroll taxes. It also covers basic elements of international taxation, donations tax, retirement fund savings and capital gains tax. The outcome of this module is to ensure learners are able to submit individual tax returns without errors including the ITR12, IRP6, EMP501 and EMP201 returns.

The second module, Corporate Taxes, will cover VAT, corporate income tax, key tax administrative procedures and gives learners guidance on practice management, ethics and responsibilities. The skills gained in this module 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.

COURSE DELIVERY

This professional certificate is delivered by The Tax Faculty through the virtual campus and webinar platforms.

FOR MORE INFORMATION ON THIS COURSE CLICK HERE

10taxfaculty.ac.za

This is the first semester module of the Professional Certificate in Taxation and can be taken as a standalone module. The outcome of this module is to ensure participants are able to submit individual tax returns without errors including the ITR12, IRP6, EMP501 and EMP201 returns. It covers the fundamentals of taxation, salaried employees’ income tax, self-employed individual taxes (including farming) and payroll taxes. It also covers basic elements of international taxation, donations tax, retirement fund savings and capital gains tax.

PROFESSIONAL CERTIFICATE IN TAXATION OF INDIVIDUALS

DURATION OF THE COURSE6 months.

LANGUAGEThe teaching medium is English.

REGISTRATION REQUIREMENTSA senior certificate or equivalent qualification.

FEESPayment option 1: Once-off paymentR11 950.00 (incl. VAT).

Payment option 2: Debit orderApplication fee (non-refundable): R450.00 (incl. VAT).Six instalments: R2 290.00 per month (incl. VAT).Total: R13 740.00 (incl. VAT).

COURSE PROGRAMME

The knowledge and practical skills across the following topics are covered:

• Income (individuals). • Deductions (individuals).• Salaried employees.• International tax.• Retirement fund savings.• Farming.• Capital gains tax (individuals).• Donations tax.• Prepaid tax.• Practical payroll.

For each section you will receive guidance on how to practically complete the return, practical case studies (self-paced) and a detailed lecture.

COURSE DELIVERY

The professional certificate is delivered by The Tax Faculty through the virtual campus and webinar platforms. The course material is built upon practical simulations and simulates reality in a tax practice.

FOR MORE INFORMATION ON THIS COURSE CLICK HERE

11taxfaculty.ac.za

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 VAT201 returns as well as the IT14SD.

PROFESSIONAL CERTIFICATE IN TAXATION OF CORPORATES

DURATION OF THE COURSE6 months.

LANGUAGEThe teaching medium is English.

REGISTRATION REQUIREMENTSThis 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.

FEESPayment option 1: Once-off paymentR11 950.00 (incl. VAT).

Payment option 2: Debit orderApplication fee (non-refundable): R450.00 (incl. VAT).Six installments: R2 290.00 per month (incl. VAT).Total: R13 740.00 (incl. VAT).

COURSE PROGRAMME

The knowledge and practical skills across the following topics are covered:

• The world of business tax.• Value-added tax (VAT).• Income (corporates).• Deductions (corporates).• Capital allowances.• Capital gains tax (corporates).• Dividends tax.• Taxation of other entities.• Trusts.• Tax Administration Act.• Tax avoidance and evasion.

COURSE DELIVERY

The professional certificate is delivered by The Tax Faculty through the virtual campus and webinar platforms. The course material is built upon practical simulations and simulates reality in a tax practice.

FOR MORE INFORMATION ON THIS COURSE CLICK HERE

12taxfaculty.ac.za

PROFESSIONAL CERTIFICATE IN TRANSFER PRICING AND INTERNATIONAL TAX

International tax and transfer pricing is a complex speciality that represents a unique blend of tax law, accounting, business practice and economics and remains a top priority for revenue authorities globally, with a growing emphasis on audits and disputes. The purpose of this professional certificate is to equip learners with the adequate skills to understand the intricacies of the international tax laws, transfer pricing rules and methods, compliance issues and dispute resolution within a South African context.

The course is delivered via The Tax Faculty’s virtual campus via an interactive online platform.

COURSE DELIVERY

DURATION OF THE COURSE12 months.

LANGUAGEThe teaching medium is English.

REGISTRATION REQUIREMENTSOpen to individuals currently working within transfer pricing or for experienced tax practitioners/accountants wanting to specialise in transfer pricing.

An NQF7 qualification in taxation, law or accounting is recommended.

FEESPayment option 1: Once-off paymentR22 950.00 (incl. VAT).

Payment option 2: Debit orderApplication fee (non-refundable): R450 (incl. VAT).

12 instalments: R2 199.00 per month (incl. VAT).Total: R26 392.50 (incl. VAT).

Payment option 3: SAIT members in good standing discountOnce-off payment: Qualify for a 25% discount.Monthly options: application fee (non-refundable) of R450.00 and a 25% discount on the total amount. * The discount will decrease the number of debit orders and not the monthly amount, thus 12 months would become 9 months of debit orders.

The course is delivered across two semesters:

Semester 1: Focus on international tax• Basic principles of international tax law.• Double taxation conventions (DTCs), focusing on

the Organisation for Economic Co-operation and Development (OECD) model tax convention.

• Transfer pricing and thin capitalisation rules.• International tax avoidance.• Miscellaneous topics.

Semester 2: Transfer pricing specialism• Fundamental sources. • The arm’s length principle. • Functional analysis. • Transfer pricing methods.• Comparability. • Specific transactions. • Permanent establishments. • Compliance issues and required documentation.• Application within the ITR14.• Avoiding double taxation.• Dispute resolution.

COURSE PROGRAMME

FOR MORE INFORMATION ON THIS COURSE CLICK HERE

13taxfaculty.ac.za

The purpose of this professional certificate is to equip learners with the adequate skills to understand the intricacies of the international tax laws. It will develop learners’ understanding of double taxation conventions, transfer pricing, thin capitalisation rules and international tax avoidance. The course prepares learners to successfully complete the first compulsory module of the Advanced Diploma in International Tax (ADIT), offered in partnership with the Chartered Institute of Taxation.

PROFESSIONAL CERTIFICATE IN PRINCIPLES OF INTERNATIONAL TAXATION

DURATION OF THE COURSE6 months.

LANGUAGEThe teaching medium is English.

REGISTRATION REQUIREMENTSOpen to individuals currently working within transfer pricing or for experienced tax practitioners/accountants wanting to specialise in transfer pricing. An NQF 7 qualification in taxation, law or accounting is recommended.

FEESPayment option 1: Once-off payment R11 950.00 (incl. VAT).

Payment option 2: Debit orderApplication fee (non-refundable): R450.00 (incl. VAT).Six instalments: R2 290.00 per month (incl. VAT).Total: R13 740.00 (incl. VAT).

This fee excludes any external exams via SAIT or ADIT.

COURSE PROGRAMME

The course is divided into five parts:1. Basic principles of international tax law.2. Double taxation conventions (DTCs), focusing on

the Organisation for Economic Co-operation and Development (OECD) model tax convention.

3. Transfer pricing and thin capitalisation rules4. International tax avoidance.5. Miscellaneous topics.

Further detail on each part is stipulated on our website.

COURSE DELIVERY

The course is delivered via The Tax Faculty’s virtual campus via an interactive online platform. Learning resources include study guides, prescribed reading, numerous short video lectures, short self-assessments and longer simulated scenarios.

FOR MORE INFORMATION ON THIS COURSE CLICK HERE

14taxfaculty.ac.za

Transfer pricing is a complex specialty that represents a unique blend of tax law, accounting, business practice and economics, and remains a top priority for revenue authorities globally, with a growing emphasis on audits and disputes. This professional certificate covers the fundamentals of transfer pricing both on a compliance and advisory level.

PROFESSIONAL CERTIFICATE IN TRANSFER PRICING

DURATION OF THE COURSE6 months.

LANGUAGEThe teaching medium is English.

REGISTRATION REQUIREMENTSOpen to individuals currently working within transfer pricing or for experienced tax practitioners/accountants wanting to specialise in transfer pricing. It is preceded by The Professional Certificate in Principles of International Taxation; therefore, a base level of transfer pricing and tax knowledge is required.

An NQF 7 qualification in taxation, law or accounting is recommended.

FEESPayment option 1: Once-off payment R11 950.00 (incl. VAT).

Payment option 2: Debit orderApplication fee (non-refundable): R450.00 (incl. VAT).Six instalments: R2 290.00 per month (incl. VAT).Total: R13 740.00 (incl. VAT).

COURSE PROGRAMME

The course will cover the following modules and topics:1. Fundamental sources. 2. The arm’s length principle. 3. Functional analysis. 4. Transfer pricing methods.5. Comparability. 6. Specific transactions. 7. Permanent establishments. 8. Compliance issues and required documentation.9. Application within the ITR14.10. Avoiding double taxation.11. Dispute resolution.

COURSE DELIVERY

The course is delivered via The Tax Faculty’s virtual campus via an interactive online platform. Learning resources include study guides, prescribed reading, numerous short video lectures, short self-assessments and longer simulated scenarios.

FOR MORE INFORMATION ON THIS COURSE CLICK HERE

15taxfaculty.ac.za

This professional certificate covers the planning and administration of deceased estates (including insolvent deceased estates), trusts, basic tax principles involved, and the functions of the Master of the High Court. It will also address the matrimonial property regime, as well as testate and intestate succession, with a focus on the relevant pieces of legislation. The course will also equip participants with the theoretical and practical knowledge required to effectively use trusts and other vehicles in estate planning.

PROFESSIONAL CERTIFICATE INESTATE AND TRUST ADMINISTRATION 

DURATION OF THE COURSE7 months.

LANGUAGEThe teaching medium is English.

REGISTRATION REQUIREMENTSA minimum of a senior certificate with a basic understanding of taxable income and appropriate experience in administration of estates.

FEESPayment option 1: Once-off payment Total: R11 950.00 (incl. VAT).

Payment option 2: Debit orderApplication fee (non-refundable): R450.00 (incl. VAT).

Seven instalments: R1 790.00 per month (incl. VAT).Total: R12 530.00 (incl. VAT).

COURSE DELIVERY The professional certificate is delivered by The Tax Faculty through the virtual campus and webinar platforms.

COURSE PROGRAMME After an induction and orientation session, the theoretical fundamentals of administration of estates and trusts are covered including:

• The estates landscape.• Trust law and practice.• Donations tax and estate duty.• Income tax and estate planning.• Administration of deceased estates.    Upon successful completion of the theoretical modules, a series of real-life practical simulations are presented which bridges the gap between theory and successful practical application. FOR MORE INFORMATION ON THIS COURSE CLICK HERE

16taxfaculty.ac.za

This professional certificate provides foundational technical training relating to payroll and employee taxation, including the practical elements of completing a basic payroll run and submitting the relevant SARS returns. The course is focused on integrating theory by simulating the real-life world of work and will enable participants to advance their career in payroll administration.

PROFESSIONAL CERTIFICATE IN PAYROLL TAXES AND ADMINISTRATION

DURATION OF THE COURSE6 months.

LANGUAGEThe teaching medium is English.

REGISTRATION REQUIREMENTSA senior certificate or equivalent qualification orappropriate experience.

FEESPayment option 1: Once-off paymentTotal: R11 950.00 (incl. VAT).

Payment option 2: Debit orderApplication fee (non-refundable): R450.00 (incl. VAT).

Six instalments: R2 290.00 per month (incl. VAT).Total: R13 740.00 (incl. VAT).

COURSE DELIVERY This professional certificate is delivered by The Tax Faculty through the virtual campus and webinar platforms.

COURSE PROGRAMME

• Understanding the world of tax and payroll.• Statutory requirements.• Income related to salaried employees.• Fringe benefits.• Allowances.• Payroll process.• Payroll reports.• Third party requirements.• Monthly returns and reports.• Annual returns and reports.

FOR MORE INFORMATION ON THIS COURSE CLICK HERE

17taxfaculty.ac.za

The purpose of this professional certificate programme is to develop the critical research, problem solving and writing skills to draft Tax Administration Act (TAA) compliant tax opinions that will mitigate the South African Revenue Service (SARS) penalty risk. It will equip learners to effectively respond to SARS letter of audit findings and prepare technical sound SARS objections and appeals.

PROFESSIONAL CERTIFICATE INTAX OPINION AND DISPUTE WRITING

DURATION OF THE COURSE6 months.

LANGUAGEThe teaching medium is English.

REGISTRATION REQUIREMENTSA minimum of BCom or LLB degree.Completed three years structured work experience in tax, accounting or law or five years unstructured experience.

FEESPayment option 1: Once-off payment R13 950.00 (incl. VAT).

Payment option 2: Debit orderApplication fee (non-refundable): R450.00 (incl. VAT).Six installments: R2 674.00 per month (incl. VAT).Total: R16 044.00 (incl. VAT).

COURSE DELIVERY

The course is divided into four parts:

1. Understanding the Tax Administration

framework.

2. Issue identification, research and internal issue

memoranda.

3. Advisory opinions.

4. Controversy.

Each part will contain a number of lecture videos and practical study notes which are available via iLearn (our interactive, online learning platform). This will be followed by two practical assignments and two reflective virtual classrooms to develop critical thinking skills.

FOR MORE INFORMATION ON THIS COURSE CLICK HERE

03SHORT COURSESOne to three-month certificates

taxfaculty.co.za

Value-Added Tax 19Accounting for Tax in Financial Statements 20International Value-Added Tax and Trade 21

19taxfaculty.ac.za

This short course is designed to empower course participants with applied working and practicalknowledge of the fundamentals of value-added tax (VAT), whilst focusing on simulated real-life scenarios and theVAT 201 form. During this practical short course, you will gain the skills to assist your business with implementingVAT correctly and how to thrive in the Fourth Industrial Revolution.

SHORT COURSE IN VALUE-ADDED TAX

DURATION OF THE COURSE3 months.

LANGUAGEThe teaching medium is English.

ENTRY REQUIREMENTSExperience in taxation of individuals and trusts are required. An NQF 4 in the field of tax or law is recommended.

FEESPayment option 1: Once-off payment Total: R4 980.00 (incl. VAT).

Payment option 2: Debit orderApplication fee (non-refundable): R450.00 (incl. VAT).Three instalments: R1 908.00 per month (incl. VAT).Total: R5 724.00 (incl. VAT).

COURSE PROGRAMME

Topic 1: Introduction and calculation of VAT,registration and how to complete a VAT 201 return.

Topic 2: Output VAT including zero-rated, exemptsupplies, deemed supplies, and how to complete anIT14SD.

Topic 3: Input VAT including general inputdeductions, input VAT, specific inputs, notional inputtax, agent principal transaction and apportionment.

Topic 4: Dispute resolutions and how to submitobjections, appeals, ruling applications and requestsfor remissions.

Topic 5: Fourth Industrial Revolution and how dataextractions can assist your business to perform VATreconciliations and VAT saving reviews.

COURSE DELIVERY

The professional certificate is delivered by TheTax Faculty through the virtual campus, webinarplatforms and practical simulations.

FOR MORE INFORMATION ON THIS COURSE CLICK HERE

20taxfaculty.ac.za

COURSE PROGRAMME

Topic 1: Accounting for current income tax.

Topic 2: Accounting for deferred tax.

Topic 3: Disclosure in the financial statements.

Topic 4: Reconciling SARS balances.

Topic 5: Accounting treatment of other taxes (dividend tax, donations tax, foreign taxes and indirect taxes).

Topic 6: Ratios in financial statements and management accounts.

Topic 7: Let’s get practical: a simulated scenario integrating the knowledge from all the topics.

The short course delves into specific considerations, theoretical aspects and calculations relating to financial statements and accounting for taxation. The course will provide you with a good understanding of the accounting treatment and reconciliation of income tax and deferred tax in the statement of profit and loss and comprehensive income and statement of financial position. We will also briefly discuss the accounting treatment of other taxes such as dividend tax, donations tax and foreign taxes.

SHORT COURSE IN ACCOUNTING FOR TAX IN FINANCIAL STATEMENTS

DURATION OF THE COURSE2 months.

LANGUAGEThe teaching medium is English.

ENTRY REQUIREMENTSThe course is geared towards tax law experts who do not have an accounting background.

Assessments are via short multiple-choice quizzes and a final assignment. Successful candidates will receive a certificate of competence and 10 CPD-hours.

FEESPayment option 1: Once-off payment Total: R3 000.00 (incl. VAT).

Payment option 2: Debit orderApplication fee (non-refundable): R450.00 (incl. VAT).Two instalments: R1 600.00 per month (incl. VAT).Total: R3 200.00 (incl. VAT).

COURSE DELIVERY

This short course is delivered by The Tax Faculty through the virtual campus and webinar platforms.

FOR MORE INFORMATION ON THIS COURSE CLICK HERE

21taxfaculty.ac.za

COURSE PROGRAMME

The knowledge and practical skills across the following topics are covered:

• International movement of goods and services.• Direct exports of goods.• Indirect exports of goods.• Zero-rated supplies to foreign going ships and

aircraft, and to foreign railway operators.• Zero-rated export related services. • Importation of goods.• Input tax on imported goods.• Imported services.

South Africa has a destination-based value-added tax (VAT) system. The VAT rules dealing with the international movement of goods or services are closely linked to the rules governing customs and excise, exchange control, as well as general commercial rules governing international trade. This online, interactive, short course covers the relevant rules governing international trade from a customs and VAT perspective and explores other regulatory frameworks in a practical manner.

SHORT COURSE IN INTERNATIONAL VALUE-ADDED TAX AND TRADE

DURATION OF THE COURSE3 months.

LANGUAGEThe teaching medium is English.

ENTRY REQUIREMENTSMinimum NQF 4, however, NQF 6 with a good understanding of the VAT Act is recommended.

FEESPayment option 1: Once-off payment R5 950.00 (incl. VAT).

Payment option 2: Debit orderApplication fee (non-refundable): R450.00 (incl. VAT).Three instalments: R2 200.00 per month (incl. VAT).Total: R 6 600.00 (incl. VAT).

COURSE DELIVERY

This short course is delivered by The Tax Faculty through the virtual campus and webinar platforms.

FOR MORE INFORMATION ON THIS COURSE CLICK HERE

@thetaxfaculty

GET SOCIAL WITH US

@TheTaxFaculty

+27 (0)12 943 7002

taxfaculty.ac.za

[email protected]

Riverwalk Office Park | 41 Matroosberg Road | Ashlea Gardens | Pretoria