How To Become A Tax Consultant In South Africa & Subjects Needed
Are you looking for a way to become a Tax Consultant in South Africa and you don’t know the subjects needed or even universities in South Africa where you can undergo the course? If yes, then this informative article is for you. You will be given detailed information about how to become a Tax Consultant in South Africa, Universities and Subjects Needed.
What Does A Tax Consultant Do?
Tax consultants are experts on matters related to tax; they prepare, give advice about and assist individuals or companies with tax filing and returns. A tax consultant ensures that clients pay their taxes in the most efficient way and benefit from any tax advantages and exemptions, while also following the government rules and regulations.
They keep up to date with changing tax laws and explain complicated legislation and its implications to their clients, in simple terms.
Tax consultants create tax strategies for their clients and plan their financial futures. They carry out detailed computations to calculate tax liability, submit tax returns by the relevant deadline, and deal with SARS on behalf of their clients.
Some self-employed tax advisers also offer their clients a range of accountancy services, such as bookkeeping, payroll and VAT. Tax consultants are recruited by major taxation and accountancy firms, financial institutions, major legal firms, multinational corporations, government departments, partnerships, trusts and individuals.
What Qualifications Do I Need?
A background in commerce, and courses and certification in taxation are necessary to become a tax consultant. A qualification in chartered accountancy is very helpful, especially in order to acquire a senior job position, but is not required. There are various diploma and degree courses available, depending on the depth of study desired.
A National Senior Certificate that meets the requirements for a diploma or degree course is a prerequisite for these courses. The South African Revenue Service also offers certified training at centres throughout the country. Graduates may register with The South African Institute of Tax Practitioners.
What Subjects Do I Need?
Contact each institution for their specific requirements, but these subjects are recommended:
- Mathematics
- Accounting
- Economics
- Business Science
Where Can I Study?
Cape Peninsula University of Technology
- Diploma: Taxation
- www.cput.ac.za
Durban University of Technology
- Diploma: Taxation
- www.dut.ac.za
Vaal University of Technology
- Diploma: Taxation
- www.vut.ac.za
University of the Witwatersrand
- Bachelor of Commerce: Internal Auditing
- www.wits.ac.za
University of Johannesburg
- Bachelor of Commerce: Accounting
- www.uj.ac.za
University of Pretoria
- Bachelor of Commerce: Accounting Sciences
- www.up.ac.za
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