Get updates on Eligibility, Admission, Placements Fees Structure
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. 77,609 |
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.
Installment Plan
| 1st installment | Required before: 2025-01-21 | Amount Due: ₹38,805.00 INR |
| 2nd installment | Required before: 2025-02-20 | Amount Due: ₹38,804.00 INR |
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
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
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
- 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
- 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.
- 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
- 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
- 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
- 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
- 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
- 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)
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.
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.
Income tax is a sort of tax imposed by governments on income made by enterprises and persons within their territory.
Individual income taxes, payroll taxes, corporate income taxes and capital gains taxes are the 4 types of tax.
By taking the Tax Law online course one can learn accounting and taxation laws.
It will take you 8 weeks to complete the course. You will need to dedicate 7 to 10 hours per week.