Licensed Taxation Practitioner

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This product page is for information purposes only.  Applications to become a Licensed Tax Practitioner are processed via the membership system. Login to your Membership profile and apply for the Tax License under the Header “APPLICATIONS”. After your application has been successfully verified against the admission criteria, CIBA Membership will forward a confirmation email with further information. Click here to view all relevant tax practitioner licenses.

The objective of this license is to equip Business Accountants to:

• Be able to apply with SARS as a tax practitioner.
• Understanding of members responsibilities when performing tax services.
• Understand CIBA’s Statement of Standards on Tax and promote their uniform application within a tax firm.
• Foster increased public compliance with and confidence in our tax system through awareness of good standards of tax practice.
• Enhance the business accountant professional designations.
• Use the license as proof of competency to provide tax services.

Description

SAIBA was awarded the status of Recognised Controlling Body (RCB) in terms of Section 240A(2) of the Tax Administration Act on 27 May 2021 by SARS, meaning CIBA tax practitioner licenses enable members to register with SARS as a tax practitioner.

SAIBA tax licenses demonstrate the competency level of a CIBA designation holder to either compile or advise on tax related matters, and assess the practitioner’s commitment to providing ethical tax services. CIBA offers 2 licenses:

• Licensed Tax Practitioner: Compiler
• Licensed Tax Practitioner: Advisor

CIBA’s Licensed Tax Practitioner: Compiler license assess the practitioner’s commitment to providing ethical tax services and on successful completion demonstrates the competency level of a SAIBA designation holder to provide general and less complex tax compliance and support services for individuals and other entities related to:

• preparing, reviewing and submitting tax returns,
• reviewing completed tax records,
• verifying and availing source documents,
• submitting tax objections, and
• managing SARS queries, audits and assessments prior to judicial involvement.

CIBA’s Licensed Tax Practitioner: Advisor’s level of expertise surpasses the level of expertise of the Licensed Tax Practitioner: Compiler. The Tax Advisor has extensive experience and expertise in the industry with a thorough understanding of tax law and provides services, over and above the Tax Compiler duties and provides services for individuals with complex business structures, trusts and businesses of large sizes, relating to corporate, personal, value-added and payroll taxation:

• preparing, reviewing and submitting tax returns,
• reviewing completed tax records,
• verifying and availing source documents,
• submitting tax objections,
• managing SARS queries, audits and assessments prior to judicial involvement.
• provide advice and planning, and
• write tax opinions.

Designation holders are required to write either 1 or 2 assessments, based on the admission criteria. A list of admission criteria is available here.

Price

The following pricing applies:

• Licensed Tax Practitioner: Compiler – R2,140.00 including VAT, once-off annual fee.
• Licensed Tax Practitioner: Advisor – R2,975.00 including VAT, once-off annual fee.

SAIBA’s Standard Policies and procedures applies, as well as the following:

• This is a non-refundable fee.
• An annual renewal fee will be applicable. Registration includes an automatic annual renewal.
• Any recommended textbooks and webinars are an additional cost for your own expense.
• Please ensure that you comply with the requirements listed within the products. No refunds will be made should you not comply with the requirements. If you are unsure whether you comply, please contact your Personal Portfolio Consultant (PPC).
• No incorrect purchases will be refunded.

Content

The license consists of the following:

1. Declaration
2. Learning Material: Webinar
   • Introduction to SAIBA Licenses
   • Introduction to SAIBA Statement of Tax Standards
   • Understanding Advisory Services
   • CPD & Certificate
3. Learning Material: SAIBA’s Statement of Standards on Tax
   • STS 110 – Ethics and ethical constraints
   • STS 120 – Personal competencies and skill set
   • STS 130 – Non-compliance with laws and regulations
   • STS 210 – Client/engagement acceptances and continuation
   • STS 220 – Quality deliverables
   • STS 230 – Form and content of advice to taxpayers
   • STS 240 – Engagement hand over to other tax professional
   • STS 310 – Standards of interaction with third parties
   • STS 320 – Standards Governing Referral
   • STS 410 – Evaluation of involvement of external specialists
4. Assessments (if applicable)
   • Assessment 1 with 25 Multiple Choice Questions relating to SAIBA’s Statement of Tax Standards.
   • Assessment 2 with 75 Multiple Choice Questions on VAT, Corporate, Individual and Payroll Taxes.
   • In order to succeed, members are required to obtain at least 70% to pass, within 2 attempts.
   • Questions are referenced to the applicable legislation.

Requirements

A list of admission criteria is available here.

Presenter

Marina Pretorius
Associate Director: Tax Services, Kreston Advisory Pretoria (Pty) Ltd
Marina joined Kreston Advisory Pretoria in March 2021 after specialising in tax at KPMG for the last 13 years. She is an experienced tax advisor who holds an H. Dip (Tax) Degree. She completed her articles at Deloitte where she also passed the CA(SA) qualifying examination. She worked in the UK on large, listed clients for 2 years and joined the KPMG tax department in 2007. As Associate Director and head of KPMG’s Global Compliance Managed Services business unit, she is highly experienced in tax and accounting reporting requirements for large multinationals.

Additional Material

By enrolling in this exam preparation course, you will be provided with:

• SAIBA’s Statement of Standards on Tax
• SAIBA eFiling Guides
• SAIBA Additional Taxation Material