Tax Expertise That Makes a Difference
14 June 2016
Posted by: Author: Leigh Schaller
Author: Leigh Schaller (SAIT)
SAIT, together with the South African Institute of Business Accountants
and FNB recently launched the NPO assist program in order to help the 80 000
NPOs in South Africa who are not tax compliant.
"The majority of NPOs
in South Africa are community and faith based organisations. It is common for
leaders in the community to be stepping in to help in areas within their
communities where there is a need, such as care for the elderly, schooling of
children (early childhood development) and disabled persons.
"International empirical studies found that mission
drift is results in competing responsibilities and ultimately non-compliance
with statutory requirements,” says Stiaan Klue, Chairperson of the Advisory
Board of SAIT.
In order to reach NPOs in need, SAIT is hosting a
series of workshops around the country where NPOs can meet up with tax
practitioners who provide free services.
Part of the programme involves building skills within
the NPOs so that they have fewer compliance issues in the future. "To this end
our volunteers will work closely with NPO office bearers and treasurers in
eradicating the skills challenge in the sector.
"In addition to the on the job training and advice
given by volunteers, UNISA also partnered with the consortium in presenting a governance
short course to treasurers of NPOs,” says Klue. Tax practitioners who would
like to be a part of the program are welcome to visit npoassist.co.za and join
around 1 000 other volunteers.
actually amazing how keen members are to volunteer their time and services,”
says Klue. "South Africans have a great sense of community.