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Quick Facts

Medium Of Instructions	Mode Of Learning	Mode Of Delivery
English	Self Study, Virtual Classroom	Video and Text Based

Course Overview

Taxation is an unavoidable aspect of life, it is vital that people, company owners, and financial professionals understand the fundamentals of taxes and their associated duties. The Tax Law online course aims to educate candidates about the subject of the tax system by enhancing their grasp of the most recent South African tax regulations and their consequences for businesses and individuals.

According to the South African Revenue Services 2018 report, 3.1 million firms are registered for taxation in South Africa. The Tax Law certification by Getsmarter and the University of Cape Town teaches how to negotiate corporate income tax, personal income tax, capital gains tax, trust taxes, and gifts tax.

Statistics South Africa reported that, during the financial year 2017-18, 38% of the total tax revenue received in South Africa was from Personal income tax. The Tax Law syllabus has been designed to provide the technical skills needed to estimate tax liability and file taxes accordingly.

The Highlights

Shareable certificate
University of Cape Town offering
Course provider Getsmarter
7-10 hours per week
Projects and assessments
Downloadable resources
8 weeks duration
Self-paced learning
Online learning
Split option of payment

Programme Offerings

video lectures
Self-paced learning
online learning
Live polls
Case Studies
quizzes
Infographics
Offline resources

Courses and Certificate Fees

Certificate Availability	Certificate Providing Authority
yes	UCT Cape Town

The Tax Law certification fees are as follows:

Course	Fees in INR
The Tax Law certification course	Rs. 72,101/-

Note: Please note that the course fees can vary from time to time. Kindly check the official website of the course for the latest updates.

Eligibility Criteria

Certification Qualifying Details

To qualify for the Tax Law certification, Students must complete the online course materials, as well as tasks, exercises, live surveys, and tests. Students must meet the minimal attendance requirements. The grading is followed by a series of exercise sets and examinations that were submitted during the course. To qualify for the accreditation, students must complete all of the guidelines specified in the course textbook.

What you will learn

Knowledge of Taxation

After completing the

Comprehensive knowledge about South African tax law, and the rights and obligations of taxpayers.
How to calculate tax liability for businesses and individuals
How to do income tax returns.
Understanding of capital gains tax and how different types of trusts are taxed.
Skills in VAT and the tools to submit a VAT return.

Who it is for

LawyerEntrepreneurAccountant

The Tax Law certification course is ideal for professionals such as

Entrepreneurs and individuals, as well as financial and legal specialists, want to concentrate on both corporate and personal taxation.
Consultants and Business owners who want to learn about the techniques required to run tax-efficient and legally compliant businesses.
Bookkeepers, Accountants, and Lawyers who want to improve their knowledge of existing tax regulations and Laws.

Admission Details

To get admission in the UCT’s Tax Law course for beginners, follow the step-by-step procedure mentioned below:

Step 1. Visit the taxation law official course page.

Step 2. Find the ‘Register Now’ button on the official course page and click to further proceed

Step 3. Read the Getsmarter T&C and accept to continue

Step 4. Create your profile on the Getsmarter portal by filling out the necessary information.

Step 5. Fill in the sponsor details if applicable and provide billing details

Step 6. Pay the program fee and start the course

Application Details

Candidates who wish to apply for the Tax Law certification course need to fill in their personal profiles (First and Last name, email, new password). Then they can proceed with the billing.

The Syllabus

An introduction to the South African tax system.

Define the various types of South African taxes
Explain the tax regime in South Africa and its purpose
Investigate the interaction between economic policy and tax legislation
Differentiate between the various types of taxpayers
Explain basic concepts of income tax
Calculate a basic tax income liability for an individual
Differentiate between different types of indirect tax

Learn how income tax for individuals is calculated.

Explain the various components of income tax for individuals
Calculate the various components of income tax for individuals
Show how fringe benefits are taxed
Illustrate the tax treatment of retirement funds from the individual's perspective
Demonstrate an understanding of provisional tax
Calculate a tax liability for an individual for a specific tax period.
Apply the tax liability calculation to fill in an income tax return for an individual.

Explore business income tax and how different business entities are taxed.

Identify the common errors between business income tax and personal income tax and opportunities for tax evasion
Explain the various components of income tax for business
Discuss the tax treatment of the different business entities
Apply the tax liability calculation to a business for a specific tax period
Use the tax liability calculated to fill in an income tax return for a business

Learn about capital gains tax and how it is calculated.

Define capital gains tax
Demonstrate an understanding of the different components of capital gains tax
Apply the capital gains tax liability calculation
Review a capital gains tax case

Learn about the different types of trusts and calculate the tax for a trust.

Define vesting and non-vesting trusts
Demonstrate an understanding of the components of the different types of trusts
Show how the different trusts are taxed
Apply the tax liability calculation to a trust

Learn about other important taxes and how they are calculated.

Discuss donations tax
Apply the donations tax calculation
Explain the concept of estate duty and what comprises an estate
Apply the tax calculation of estate duty
Investigate different withholding taxes, such as interest tax and dividends tax

Explore VAT as an indirect tax and how to calculate VAT.

Discuss how VAT fits into the overall tax regime in South Africa
Explain the difference between input and output tax
Differentiate between the different types of supplies for VAT purposes
Calculate a net VAT liability or refund for a VAT vendor for a specific tax period
Complete a VAT201 form to be submitted to SARS

What are your tax rights and obligations?

Discuss the rights and obligations of the taxpayer and SARS
Analyse the different methods of resolving disputes with SARS
Evaluate tax-compliant behaviour

Instructors

UCT Cape Town Frequently Asked Questions (FAQ's)

1: What kind of law is tax law?

Tax law is a subset of common policy. It deals with the implementation of current tax laws to persons, organizations, and companies in regions where tax money is generated.

2: What is the purpose of tax law?

Tax laws are the rules and processes that regulate how the national, regional, and municipal governments compute the amount of tax the public or organisation owes.

3: What are income tax laws?

Income tax is a sort of tax imposed by governments on income made by enterprises and persons within their territory.

4: What are the 4 types of tax?

Individual income taxes, payroll taxes, corporate income taxes and capital gains taxes are the 4 types of tax.

5: How do I learn accounting and taxation?

By taking the Tax Law online course one can learn accounting and taxation laws.

6: How long would it take me to complete the Tax Law training course?

It will take you 8 weeks to complete the course. You will need to dedicate 7 to 10 hours per week.