Income Tax Returns
| College: |
College SA |
| Course: |
Income Tax Returns |
| School: |
Bookkeeping and Accounting |
| Programme Type: |
Short Course |
| Partner Institute: |
ICB - The Institute of Certified Bookkeepers |
| Award Type: |
Short Course Certificate |
| Award Issued by: |
ICB - The Institute of Certified Bookkeepers |
| Accredited by: |
FASSET |
| SAQA ID: |
N/A |
| NQF Level: |
N/A |
| Course Duration: |
7 - 9 months |
| Entrance Criteria: |
You should og competent in:
- Grade 10 level Communication
- Grade 10 level Mathematical Literacy
- You should have a good understanding of bookkeeping
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WHAT IS INCOME TAX RETURNS?
This learning area gives you the skills to become a Technical Financial Accountant. This course covers all the information about taxation. You will learn how to calculate the tax payable from gross income. You will learn what kinds of income is tax exempt, which tax deductions a person will be allowed and about the different benefits of taxation. The course covers taxation of individuals, businesses and non-residents. The course will teach you how to fill out tax returns, and it will cover the different kinds of taxes payable.
COURSE STRUCTURE SUMMARY
In order to successfully complete Income Tax Returns, all of the following subjects must be completed: • Learning Module 1: Introduction to taxation • Learning Module 2: Gross income • Learning Module 3: Exempt income • Learning Module 4: Allowable deductions • Learning Module 5: Fringe benefits and allowances • Learning Module 6: Employees’ tax and provisional tax • Learning Module 7: Taxation of non-residents • Learning Module 8: Taxation of business entities • Learning Module 9: Turnover tax • Learning Module 10: Completing tax returns • Learning Module 11: Capital gains tax • Learning Module 12: Donation tax • Learning Module 13: Estate duty • Learning Module 14: SARS and the Tax Practitioner
ASSESSMENT AND AWARD
Once you have successfully completed the necessary assignments prescribed by College SA, you may apply to complete the examinations with the ICB. Upon successful completion of your one exam, ICB will certify you with a statement of competence showing the respective unit standards which you have completed and FASSET will award you with a Unit Standard Certificate.
WHY SHOULD I STUDY INCOME TAX RETURNS?
This course is a great course to do on its own or in conjunction with the Payroll course. Because you learn all there is to know about taxation, it is a great course to do if you want to open your own business or if you are interested in working in the payroll office of a big corporation. It is a useful course to do if you work for an NGO, because you will be able to advise the company about the tax exemptions it qualifies for.
IS INCOME TAX RETURNS THE RIGHT COURSE FOR YOU?
If you answer YES to these questions, then this course is the course for you! Get right in there and register for this course!
1. Do you wish to register for a course that is endorsed by a Professional Institute? 2. Do you wish to register for a course that will give you skills in Bookkeeping? 3. Are you thinking about becoming one of the following: an Accounts Clerk, a Debtors Clerk, a Creditors Clerk, or a Payroll Clerk? 4. Would you like to increase your knowledge and skills of Bookkeeping without having to attend any classes or seminars? 5. Do you want to work in a business? 6. Do you want to work with income tax returns specifically?
OTHER COURSES YOU MAY BE INTERESTED IN:
• Computerised Bookkeeping • Business Literacy • Payroll and Monthly SARS Returns • Bookkeeping to Trial Balance • Cost and Management Accounting • Business Law and Accounting Control • Financial Statements • Corporate Strategy • Management Accounting Control Systems • Financial Reporting and Regulatory Frameworks • Accounting Theory and Practice
Call the College on 0800 21 23 22 to find out how you can register for one of these courses.
WHAT WILL I GET WITH MY COURSE?
• A Welcome Pack with Tactics for Winning • Excellent study material approved by the ICB • Your personal tutor to help you with your studies • Regular contact from the College to keep you on track • A monthly newsletter with important College information and news about other students! • Our incentive scheme, where you can earn College items like sweaters and caps by simply studying according to our plan
THE INSTITUTE OF CERTIFIED BOOKKEEPERS
The Institute of Certified Bookkeepers (ICB) was established in 1931 with the objective of promoting quality training and qualifications for Junior Bookkeepers, Senior Bookkeepers and Accounting Technicians in Southern Africa, as well as providing qualifications in the areas of Office Administration and Business Financial Management.
IMPORTANT EXAM INFORMATION
It is very important that you register as a Student Member of the ICB, and that you register for your Exams, before the exam registration closing date. Note that if you are not a Student Member of the ICB, your registration for the exam will not be accepted.
Please note that the ICB Exam fees are not included in your programme fees.
“ALL-INCLUSIVE” OPTION
If you want your Tuition fee with the college to include all your exam fees and your membership fees, you can choose our “all inclusive” package. This is a little more expensive, but then we take care of all membership and exam fees, and alert you to fill in the membership and exam forms.
If you choose this option, you can pay all your study costs in a single in-advance payment, or in monthly payments. This means that you do not have to worry about being able to afford future exam fees and membership fees, since the college will take care of it on your behalf.
Note that the All-Inclusive option gives you membership and subscription for one year. And that the college will pay for one exam per subject. If you fail an exam, you will have to make additional payments to re-write the exam.
INTERESTED? WANT TO FIND OUT MORE?
If you would like to find out more about the Income Tax Returns qualifications, fill in this short Form and then one of our friendly Student Registrars will respond to your questions and provide you with all the information you need.
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