Income Tax Returns

As a tax practitioner you would require a working knowledge of all the components of Tax and should register as a member with the South African Institute of Tax Practitioners (SAIT).

Description


This course forms part of the Upper Intermediate Level in the ICB Financial Accounting Programme. As a tax practitioner you would require a working knowledge of all the components of Tax and should register as a member with the South African Institute of Tax Practitioners (SAIT) and will then be permitted to complete monthly and annual SARS returns on behalf of prospective clients. Only on completion of the full ICB Accounting Programme and or Technical Financial Accountant programme can one become a recognised Tax Practitioner with SAIT.

Accreditation

Institute of Certified Bookkeepers as a Quality Assurance Partner of the QCTO

Outline


• Introduction to taxation
• Gross income
• Exempt income
• Allowable deductions
• Fringe benefits and allowances
• Employees’ tax and provisional tax
• Taxation of non-residents
• Taxation of business entities
• Turnover tax
• Completing tax returns
• Capital gains tax
• Donations tax
• Estate duty
• SARS and the Tax Practitioner
 

Assessment

This course is assessed by the ICB by means of a Portfolio of Evidence where you are required to complete Activities (assignments) and Evaluations (tests) and then complete a final written summative assessment (exam). Please be sure to verify that you have been registered for your assessment

Certification

This course is a short course as part of a national qualification. Once you have completed this course and the remainder of the level you will receive a national diploma.