Associate Tax Practitioner (ATP)

Short Description of the Designation

The Associate Tax Practitioner (ATP) is a professional designation that can be awarded to general tax practitioners and bookkeepers involved in the accounting and tax departments of businesses and small accounting practices.

In terms of Section 240 of the Tax Administration Act No. 28 of 2011 every natural person who provides advice to another person with respect to the application of a tax; or completes or assists in completing a tax return, such person must register with or fall under the jurisdiction of a Recognized Controlling Body registered with the South African Revenue Services (SARS).

Criteria for obtaining the Professional Designation

A person who holds an Accounting or Taxation qualification (NQF 6).

Or

Individuals not in possession of a formal qualification but have a minimum of a NQF4 qualification and have been working within the  South African tax environment for at least 5 years can also apply for registration as a Associate Tax practitioner.(This must be viewed in conjunction with SARS criteria).

Plus

Commitment by the applicant that he/she will increase their qualification to NQF5 within 3 years of obtaining membership with the Institute.

This is the IAC’s Recognition of Prior Learning (RPL) process.

The applicant must be compliant with the Institute’s code of conduct.

All practicing IAC members, who provide a service to the public, are compelled to have professional indemnity insurance.

An Associate Tax Practitioner will be limited to the following functions:

Value Added Tax:

  • Registration & Deregistration
  • Completion and submission of returns: manually & via E-filing {Vat201}
  • Handling of Vat Audits uploading scanned Documents Via E-filing to SARS.

Employees Taxation:

  • Registration & Deregistration of PAYE, UIF & SDL
  • Maintaining monthly employee records
  • Calculation of PAYE, SITE, UIF & SDL
  • Completion and submission of returns: manually and via E-filing {Emp 201}
  • Reconciliations e.g. EMP501
  • Issuing of all annual returns & certificates e.g. IRP5’s & IT3’s
  • Handling of Employees taxation Audits uploading scanned documents Via E-filing to SARS

Income Tax Registrations & Deregistration

  • Individuals / Partnerships
  • Trusts
  • Companies & Close Corporations
  • Small Business Corporations
  • Turnover Tax

Calculation of Income tax

  • Individuals / Partnerships
  • Turnover Tax

Completion and Submission of Annual Income Tax Returns

  • Individuals / Partnerships
  • Companies & Close Corporations

Academic Component

A person who holds an NQF 6 or higher qualification with at least  one of the following subjects can apply for the Associate  Tax Practitioner (ATP) status:

  • Tax
  • Accounting
  • Commercial, Company or Corporate Law

Recognition of prior learning (RPL) process

Minimum NQF 4 qualification with 5 years practical tax experience.

Practical /Workplace Experience

Persons with a NQF 4; and 5 years verifiable practical tax experience.

Competency Assessment

Once the academic and practical component has been met, an applicant would need to undergo a 2 hours written and oral evaluation conducted by a registered IAC assessor.

The pass mark for the assessment evaluation is 75%.

CPD Requirement:

A Certified Tax Practitioner will need to complete 15 CPD hours per annum.

9 structured tax and 6 unstructured tax CPD’s.

Download: Application Form - Associate Tax Practitioner (PDF)

Download: Affidavit - Associate Tax Practitioner_R (PDF)