Licensed Tax Practitioner: Advisor (1 Assessment)

Access to this license should only be obtained via a confirmation email from CIBA Membership confirming that you have successfully met the admission criteria and after your application has been successfully verified (completion of part 1).

If you have not gained accessed via a confirmation email from CIBA Membership, login to your Membership profile and apply for the Tax License under the Header “APPLICATIONS”. A breach of this procedure will result in disciplinary action.

Date:

1 December, 2024

Time:

Available from 08:00

Hours:

2 hours

CPD Units:

Category:

Taxation

Group:

Channel 3: Specialisation

Format:

Self-study

Product Information

CIBA 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.

CIBA’s Licensed Tax Practitioner: Advisor license assess the practitioner’s commitment to providing ethical tax services and on successful completion demonstrates the competency level of a CIBA designation holder to compile and advise on tax related matters.

The Tax Advisor’s level of expertise surpasses 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.

The member’s qualification and tax experience serve as proof of the technical competencies required for a Licensed Tax Practitioner: Advisor. The license will not include a formal assessment relating to the technical competencies. The license will only require the member to complete an assessment on CIBA’s Statement of Standards on Tax. The Statement of Standards on Tax is provided as part of the license content and forms the professional foundation of a CIBA member’s tax profession.

For further information regarding CIBA’s licenses click here.

What will set you apart

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.

Event breakdown

The license consists of the following:

Declaration
Learning Material: Webinar
- Introduction to CIBA Licenses
- Introduction to CIBA Statement of Tax Standards
- Understanding Advisory Services
- CPD & Certificate
Learning Material: CIBA’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
Assessment on CIBA’s Statement of Standards on Tax
- 1 Paper with 25 Multiple Choice Questions
- In order to succeed, members are required to obtain at least 70% to pass, within 2 attempts.

Certificate

The following event is awarded 1 CPD unit in Tax

Presenter/s

- Select -

Ané Churc his a passionate ethics educator at the University of the Free State, Ané specialises in auditing and governance with a focus on professional integrity.