1 July 2013 has come and gone, but it will always be remembered as a defining moment of the South African tax profession - the date on which the statutory requirement of the regulation of tax practitioners was introduced through the Tax Administration Act 2011, as amended.
The regulation introduced significant new reporting powers to SARS in order to combat reckless, incompetent and corrupt practices performed by tax practitioners. Tax practitioners that do not perform their work with the required diligence will be subject to disciplinary action by their controlling bodies.
How does this change your day-to-day working landscape as a SARS registered tax practitioner? How do you prepare yourself for this new role? Are you equipped to protect yourself and have recourse if you are under complaint by SARS or a taxpayer?
SAIT will be presenting a practical workshop where we will explore solutions and equip you to protect yourself.
Pertinent questions will be answered such as:
- What is SARS' objective and intention with introducing a requirement of due diligence?
- How are my client relationships being influenced?
- Which verification, enquiry questions and review functions are required under the new landscape?
- What is the code of conduct and disciplinary process of SAIT?
- What is the explicit and tacit requirements to remain a 'registered tax practitioner'?
- What is the minimum standards with regards to practicing as a tax practitioner after 1 July?
- How much direct supervision is required from the supervisor (partner) in the firm?
- Critical issues in section 240(2) of the Tax Administration Act will be highlighted
- SAIT Code of Conduct will be discussed with specific emphasis on the "reviewing the work of sub-ordinates" specification
- The disciplinary process and your rights as members when a complaint is lodged by SARS or a taxpayer
- SA Tax Standards and engagement letters for different type of client relationships
- Understanding the SAIT CPD policy
SAIT Chief Executive
Stiaan is the first appointed Chief Executive of the South African Institute of Tax Practitioners and also one of the founder members of the Institute. Stiaan is a former president of the of the International Tax Directors' Forum, the global forum for tax professional bodies.
Stiaan completed his studies in chartered accountancy at the former Potchefstroom University whereafter he started his career with Deloitte in Johannesburg. His research area is the reform of the tax profession in South Africa and is currently busy with his PhD.
He has also published articles in various peer reviewed journals, delivered papers at conferences and is a co-author, amongst others, of the Silke on Tax Administration and Taxation of Individuals Simplified.
Ronel de Kock
SAIT Head of Education
Ronel is the Head of Education. She assumed the position on 1 February with the primary responsibility to implement the Tax Professional occupational qualification and tax learnership.
Ronel is a qualified Chartered Accountant and Master Tax Practitioner. She completed her articles at international audit firm PwC in Sunninghill, whereafter she joined PwC Taxation Services where she specilialised in the audit of payroll taxes.
Prior to joining SAIT, she was a senior lecturer at the University of Pretoria since 2006. Her academic responsibilities included the lecturing of administration and audit of taxation on both undergraduate and post-graduate level. She started her academic career in the Department of Auditing where she lectured on both the Chartered Accountant and Internal Auditing programmes.
SAIT Head of Tax Technical & Research
Sharon was recently appointed as the Head of Tax Technical & Research at the SA Institute of Tax Practitioners. She assumed the position from 1 February 2013 and is primarily responsible to liaise with SARS, National Treasury, Parliament and international organisations, such as the World Bank and IMF on tax policy matters.
In addition, Sharon also holds the SAIT visiting professor chair in taxation at the University of the Western Cape.
Prior to joining SAIT, Sharon was an associate professor in taxation with the University of Pretoria where she previously lectured taxation on both undergraduate and post-graduate levels. Amongst others, she has presented workshops to SARS, ACCA, KPMG and BDO. She has also assisted the World Bank in 2006-2007 and SARS in 2011-2012 with quantitative research on the tax compliance burden for small businesses. Her research with the World Bank led to tax legislation amendments in 2008.
Prior to joining academia, she was a manager in the taxation department of Deloitte in Pretoria. She has a very keen interest in small business taxation which developed into her masters and doctoral studies. She has also published accredited research articles on this topic and presented her research findings at various international and national conferences.
WHO SHOULD ATTEND:
This training session is compulsory for all SAIT registered tax practitioners.. Tax Executive Suite members and SARS officials who are members of SAIT are exempted from this attending this event.
Important: If your are unable to attend in person, a DVD of the workshop can be purchased at R80.
COMPULSORY ONLINE ASSESSMENT:
The objective of this workshop is to highlight and explain pertinent matters brought about by the regulation of tax practitioners under the Tax Administration Act, 2011. All SAIT registered tax practitioners are therefore required to complete the multiple choice online CPD assessment covering the content of this workshop. The deadline for successful completion is 30 October 2013. The assessment will be made available from 14 August 2013.
The objective of the online CPD assessment is to verify that learning has taken place. In addition, this workshop is aimed at gearing and hence protecting SAIT registered tax practitioners under this new landscape.
SAIT Members: No-charge
Non-members: R990 (including VAT)