What is a tax technician?

If the thought of working as a chartered accountant or financial advisor doesn't grab you perhaps you should consider becoming a tax technician.

The financial sector is broad with many professional avenues to choose from yet the path of tax technician is one of the lesser known options. This is a new qualification and you can become one of the first qualified professional tax technicians in South Africa.

While the position may not sound very glamorous the role of the tax technician is vital to business today, particularly as tax law and compliance have become so stringent.

The tax technician forms part of the financial team and provide guidance with regard to tax-related issues. A tax professional also fulfils various administrative duties. As a professional tax technician you can start your own business and do the tax returns of clients as well as all tax compliance tasks. SARS acknowledge a qualified tax technician that belongs to a professional body like SAIT as a legal and professional entity that can do tax compliance tasks on behalf of their clients.

A qualified tax practitioner will be able to; register taxpayers, calculate and compute liability, submit tax returns, produce tax packs for audit and review functions and manage administrative processes.

How do I become a tax technician?

To become a tax practitioner you will need to enrol in a taxation course and gain work experience in an accredited accounting firm before writing an examination assessed by the South African Institute of Tax Professionals (SAIT). Only once you have passed this exam will you be recognized as a tax technician and be eligible for SAIT membership.

The Oxbridge Training Institute (OTI) is an accredited skills development provider for the Tax Technician qualification with the Quality Council of Trade and Occupation (QCTO).

The course offered by OTI consists of three modules which include knowledge skills, practical skills and work experience elements. OTI would guide the candidate in terms of all the modules needed to obtain the Tax Technician qualification.

To be eligible to apply applicants must have a grade 12 or equivalent qualification with no less than a 50% pass rate in both accounting and mathematics.

Interested individuals have until 31 October to enrol for the 2017 Tax Technician course.

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