Short Course in Personal Income Tax

As tax is both a legal requirement and social responsibility, it is critical that all individuals have a solid grasp of the principles of taxation and their related obligations. 
During this course, you will develop the foundational principles of personal income tax and cover cover practical issues impacting individual taxes such Airbnb/rental income, home office expenses, medical tax credits and travel allowances. Upon completing this short course, you will be empowered to manage your personal tax affairs. 

Mode of delivery

This Short Course will be presented on The Tax Faculty’s online learning Campus. Refresh your foundational knowledge anytime from anywhere!

Duration and effort

This Short Course will be available to learners to complete at their own time and pace.

  • Video hours: 6.5 hours
  • Approx Reading hours: 60 hours
  • Recommend Length to complete: 12 weeks

What you will learn in this course

The following modules will be covered:

  1. Introduction to Tax
  2. Income - such as  annuities, dividends and Rental income, tax free investments
  3. Deductions - such as home office expenses and medical expenses
  4. Salaried employees - such as Deemed Fringe Benefits and travel allowances
  5. Tax Implications for Natural Persons - such as Medical Tax Credits, Rebates Passive income & Retirement Fund Savings
  6. Introduction to Capital gains Tax

Outcomes:

  • Calculate the taxable income of an individual taxpayer.
  • Demonstrate an understanding of when income received by an individual taxpayer should be taxed and when deductions are claimable.
  • Differentiate between fringe benefits and allowances and the inclusion in a taxpayer’s taxable income.
  • Evaluate various options for the structuring of salary packages.

Admission requirements

This is a short learning programme (SLP) and learners will require digital and numeracy literacy. Also a Laptop/PC with high speed internet access.

This course is for you if you are a:

  • Self -employed Individuals looking to maximize tax savings.
  • Salaried employees who need to understand their income tax.
  • Retired individuals  or anyone seeking to demystify the personal income tax process.

Accreditation

This course is presented as a short learning programme (SLP) by The Tax Faculty (TTF). TTF is recognised as a continuous professional development (CPD) provider by controlling bodies accredited in terms of the Tax Administration Act, 2011 (Act No 28 of 2011), and holds accreditation with the Quality Council for Trades and Occupations (QCTO) as a skills development partner (SDP) under the Skills Development Act, 1998 (Act No 97 of 1998).

Assessment and award of certificate

Learners will be self-assessed via a number of practical assignments and a final integrated assessment. Successful learners will receive a SLP certificate of competence issued by The Tax Faculty. In addition, this just-in-time learning programme also qualifies for verifiable Tax CPD.

Course fee

Once-off payment

Once off immediate payment to gain access to the course in total of: R3 950.00.

*No flexibible payment plans available on this course.

Payments and cancellations

  • All required minimum payments must be made by direct EFT or by credit card before the commencement of a course. The once-off payment is required to be paid in order to gain access to start the course. 
  • Kindly note that should payment terms not be adhered to; legal action will be taken and access to the online learning platform suspended.
  • Proof of payment will be requested before access to the online platform will be communicated, should your payment not reflect on The Tax Faculty’s bank account.
  • Only written notice of cancellation will be accepted.

Conditions

For all short learning programmes (SLPs) with a seven-month or less rollout period, the following will apply:

  • If the cancellation is requested more than 10 working days prior to the course release date, no cancellation fee will be applicable.
  • If the cancellation occurs less than 10 working days prior to the course release date, a 100% cancellation fee will be applicable.
  • Students who register for a course and fail to attend will be held liable for the full course fee.
  • The Tax Faculty’s liability in the case of a course being cancelled will be limited to a refund of the course fee.
  • Students who have failed to successfully complete the course, and wishing to repeat will be charged the full course fee to repeat.

Why wait?

This Short Course provides a strong foundation for the Professional Certificate in Taxation of Individuals, enabling a smoother transition into more advanced and comprehensive learning.

Skill Level: Beginner