|SAQA confirms registration of occupational qualification|
11 April 2014
The South African Quality Authority (SAQA) has announced the registration of the Tax Professional as an occupational qualification, after a five-year gestation which incorporated lengthy deliberations between the South African Revenue Service, industry and academia.
All industry stakeholders assisted in the development of the occupational qualification, with large professional services firms and universities playing the leading role. "The development of the tax occupational qualification is a landmark qualification for South Africa," comments Cheryl James, CEO of Seta for Finance, Accounting, Management Consulting and Other Financial Services (Fasset), which was responsible for funding the occupational development.
Profession in spotlight
The tax profession has been in the spotlight in recent years for non-compliance. Minister of Finance, Pravin Gordhan, introduced law in 2013 which required all tax practitioners to register with SARS and a recognised controlling body, such as SAIT, by 1 July 2013.
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