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Categories: Taxation Courses

About Course

The purpose of this occupational qualification is to equip learners with the skills of a tax professional.
A tax professional analyses, reports and provides advice on taxation issues to tax entities,
prepares and reviews tax returns, reports and handles disputes and formulates and
interprets tax opinions.
2 Occupational Tasks
1. Registering tax payers and finalising income tax, payroll tax and VAT returns
2. Reviewing or auditing tax balances
3. Mediating tax disputes
4. Writing tax opinions

What Will You Learn?

  • The purpose of this occupational qualification is to equip learners with the skills to analyse reports and provides advice on taxation issues to tax entities,
  • prepares and reviews tax returns, reports and handles disputes and formulates and
  • interprets tax opinions.

Course Content

1.Register tax payers, calculate tax liabilities and finalise income tax, payroll tax and VAT returns
Registration  Define client/taxpayer’s unique profile  Identify the tax entity  Complete relevant registration process  Follow up on registration status  Broadening the tax base (street walks, education etc.) (SARS

2. Preparation and submission of tax returns
 Obtain relevant source documents  Analyse and interpret financial statements of tax entity  Apply income tax legislation and case law impacting on the taxation of the specific tax entity  Calculate the tax liability  Complete and submit return  Assess tax returns (SARS)  Keep working papers  Review tax liabilities  Give feedback to client/tax entity

3.Review and audit tax balances
Review tax balances  Compare the tax return and tax calculation to the assessment.  Identify any discrepancies (including interest and penalties).  Take appropriate action.  Formulate opinion on assessment

4.Manage audit/review
 Assess the risk of the tax entity  Plan the audit and allocate resources to the audit (SARS)  Engage with the tax payer and request/supply documentation  Conduct audit according to standard audit programme  Produce/interpret a letter of findings

5.Demonstrate ethics and professional conduct in a tax environment.
1. Demonstrate practical ethical application 2. Distinguish between tax avoidance and tax evasion 3. Demonstrate professional conduct

6.Mediate tax disputes
1. Lodge queries 2. Respond to queries 3. Submit request for reassessment 4. Lodge objection/respond to objection 5. Handle appeals process 6. Negotiate solution to dispute (ADR) 7. Initiate search and seizure process/respond to search and seizure process

7.Prepare and present tax opinions
1. Confirm the brief and expected outcome 2. Obtain background facts 3. Determine legal provisions applicable 4. Draft opinion based on legal opinion 5. Deliver opinion to recipient/client 6. Update draft/finalise opinion 7. Submit to client for ultimate decision on course of action