ACCA TX-ZAF Taxation (South African Variant)

The aim of the syllabus is to develop knowledge and skills relating to the South African tax system as applicable to individuals and companies.

This syllabus introduces candidates to the subject of taxation and provides the core knowledge of the underlying principles and major technical areas of taxation, as they affect the activities of individuals and businesses.

In this syllabus, candidates are introduced to the rationale behind and the functions of the tax system. The syllabus then considers the separate taxes that an accountant would need
Taxation – South Africa (TX-ZAF) to have a detailed knowledge of, such as income tax relating to employment, independent trades and investments, the tax liability of companies, the value added tax liability of enterprises; and chargeable capital gains arising on disposals of assets by both individuals and companies.

Having covered the core areas of the basic taxes, the candidate should be able to compute tax liabilities, explain the basis of their calculations, apply tax planning techniques for individuals and companies and identify the compliance issues for each major tax through a variety of business and personal scenarios and situations.

Section F of the syllabus contains outcomes relating to the demonstration of appropriate digital and employability skills in preparing for and taking the examination.

This includes being able to interact with different question item types, manage information presented in digital format and being able to use the relevant functionality and technology to prepare and present response options in a professional manner.

These skills are specifically developed by practicing and preparing for the exam, using the learning support content for computer-based exams available via the practice platform and the ACCA website and will need to be demonstrated during the live exam.