New landmark study for tax practitioners

A landmark new study is set to highlight the most significant operational, regulatory and legislative challenges faced by tax practitioners in South Africa with a view to improving the level of support provided by industry bodies and accelerating often onerous interactions with government tax agencies.

Developed by the Professional Partner Network (PPN) of Tax Consulting SA, the study invites tax practitioners, accountants, lawyers, wealth and asset management firms and global advisory firms involved in all areas of taxation to participate.

The study will take the form of a comprehensive industry-wide survey which, for the first time, will give a voice to professionals in the South African tax industry and identify concerns about the professional bodies they work with. are registered, the earning of CPD points, adequate training via webinars and seminars, and continuous skills upgrading in complex service areas.

“An investigation of this magnitude serves as a starting point to rectify many of the tax, administrative, service and regulatory concerns of tax practitioners, who have never before had a platform through which these can be voiced,” says admitted attorney and head of PPN Roxanna Naidoo.

“These and various other concerns will be addressed in the survey, allowing practitioners to lay out their challenges and offer solutions.”

Another issue of constant concern relates to the jurisdiction and collection measures of the South African Revenue Service (SARS), including over-regulation and ever-changing complexity of laws.

“While taxpayers in South Africa have a voice, there is a need to create a platform for tax practitioners to air their grievances, identify areas that are lacking in the industry and ultimately put pressure on the entities involved to ensure that change happens,” she says.

Areas of intervention of the survey include:

  • Improve the effectiveness of industry bodies, particularly with regard to the provision of practical and refresher tax training;
  • Improve the way industry bodies keep their members informed of legislative and other tax changes;
  • Ensure that members are aware of SRAS systems and e-filing processes and are assisted in the event of SARS-related administrative bottlenecks;
  • The provision of cost-effective indemnity insurance for practitioners;
  • Provide support around marketing and management of tax practices;
  • Investigate the effectiveness of CPD requirements and determine whether they accurately reflect the ability to practice;
  • Understand the effectiveness and relevance of technical issues addressed during CPD assessments and training;
  • Analyze the relevance of correspondence from industry bodies, such as newsletters and magazines;
  • Identify administrative challenges and delays in the SARS dispute resolution process.

How to participate in the study

To ensure a better understanding of the tax landscape, we invite all tax practitioners to participate in the survey and also invite you to send the survey to other tax practitioners, professionals and anyone you think can contribute.

The survey will take less than 10 minutes to complete.

The survey will be strictly confidential, and the overall results and conclusions will be shared with all participants.

“We believe this will be South Africa’s first credible survey for all registered tax practitioners in South Africa. The aim is to better understand the professional needs of tax practitioners in South Africa, as well as raise awareness of concerns and issues in the tax sector,” says Naidoo.

Roxanna Naidoo, Admitted Lawyer and Head of the Network of Professional Partners at Tax Consulting SA.

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