A brand new landmark research is about to name out essentially the most important operational, regulatory and legislative challenges skilled by tax practitioners in South Africa with a view to enhancing the extent of assist supplied by {industry} our bodies and expediting often-onerous interactions with authorities tax companies.

Developed by Tax Consulting SA’s Skilled Companion Community (PPN), the study invitations tax practitioners, accounting practitioners, authorized practitioners, wealth and asset administration corporations, and international advisory corporations concerned in all areas of tax to take part.

The research will take the type of a complete, industry-wide survey that can, for the primary time, present a voice to professionals within the South African taxation {industry} and determine considerations pertaining to the skilled our bodies with which they’re registered, the incomes of CPD factors, ample coaching by way of webinars and seminars, and steady upskilling in complicated service areas.

“A survey of this magnitude serves as a place to begin to rectifying lots of the fiscal, administrative, service, and regulatory considerations of tax practitioners, who’ve by no means earlier than been given a platform via which these may be expressed,” explains admitted lawyer and Head of PPN Roxanna Naidoo.

“These and varied different considerations will likely be addressed within the survey, permitting for practitioners to air their challenges and suggest options.”

One other regarding challenge constantly raised speaks to the South African Income Service’s (SARS’) competency and assortment measures, together with over-regulation and the complexities of ever-changing legal guidelines.

“Whereas there’s a voice for taxpayers in South Africa, there’s a have to create a platform for tax practitioners to air their grievances, determine which areas within the {industry} are missing and, finally, foyer the related entities to make sure that change happens,” she asserts.

Focus areas of the survey embody:

  • Enhancing the effectiveness of {industry} our bodies, significantly in relation to the availability of sensible tax coaching and upskilling;
  • Bettering the way in which by which {industry} our bodies hold their members up to date on legislative and different tax modifications;
  • Guaranteeing that members are knowledgeable of SARS programs, eFiling processes and are assisted with SARS-related administrative log jams;
  • The availability of cost-effective indemnity insurance coverage for practitioners;
  • Offering assist across the advertising and administration of tax practices;
  • Investigating the effectiveness of CPD necessities, and whether or not they function an correct reflection of capability to observe;
  • Understanding the effectiveness and relevance of technical points lined throughout CPD assessments and coaching;
  • Analysing the relevance of {industry} physique correspondence, equivalent to newsletters and magazines;
  • Figuring out administrative challenges and delays in SARS’ dispute decision course of.

Learn how to take part within the research

To make sure an enhanced understanding of the tax panorama, we invite all tax-related practitioners to take part within the survey and in addition invite you to ship the survey on to different tax practitioners, professionals and anybody you imagine can contribute.

The survey will take lower than 10 minutes to finish.

The survey will likely be strictly confidential, and the general outcomes and findings will likely be shared with all members.

https://www.surveymonkey.com/r/PFW3L68

“We imagine that this will likely be South Africa’s first credible survey for all registered tax practitioners in South Africa. The intention is to realize perception on the skilled wants of tax practitioners in South Africa, in addition to to create consciousness across the considerations and points within the taxation {industry},” Naidoo says.

Roxanna Naidoo, Admitted Lawyer and Head of the Skilled Companion Community at Tax Consulting SA.