Undergraduate - UnitBTS3303 - South African taxation law C

This unit entry is for students who completed this unit in 2015 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

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6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

Level	Undergraduate
Faculty	Faculty of Business and Economics
Organisational Unit	Department of Business Law and Taxation
Offered	South Africa Second semester 2015 (Day)

Synopsis

This unit introduces the accounts of executives, liquidators and trustees and examines how estates are taxed. It also includes an examination of capital gains tax, fringe benefits, retirement benefits, employees' and provisional tax, tax avoidance and administrative procedures, including objection and appeals. This unit is a requirement for those students following the route to the qualification of Chartered Accountant (South Africa).

Outcomes

The learning goals associated with this unit are to:

describe and explain the South African executors' accounts and prepare such accounts
calculate the tax payable on estates
describe and interpret the provisions regarding employees' tax and provisional tax
describe and explain how the tax system is administered and the process of objection and appeal
explain the difference between tax avoidance and tax evasion and apply the relevant principles in a particular given set of circumstances
identify and describe the fringe and retirement benefits and calculate how they are taxed
apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with taxation and demonstrate in an individual summative assessment the acquisition of a comprehensive understanding of the topics covered in BTS3303.

Assessment

Within semester assessment: 30%
Examination: 70%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

Chief examiner(s)

Mr Keith Jordaan

Prerequisites

BTW3302 or BTS3302

Prohibitions

BTW3303