Neftaly Online Course SAQA 11516699384

Associated Assessment Criteria for Exit Level Outcome 1:
Register taxpayers.
Complete income tax returns for individuals.
Complete income tax returns for businesses.
Complete Pay As You Earn (PAYE), Unemployment Insurance Fund (UIF) and Skills Development Levy (SDL) returns.
Display knowledge and application of the payroll reconciliation process.
Complete Value Added Tax (VAT) returns.
Identify cases and perform reviews.
Attend to queries on income tax and value added tax compliance.

Associated Assessment Criteria for Exit level Outcome 2:
Identify amounts (special inclusions) which should be part of gross income.
Apply the qualifying criteria to determine whether certain amounts are exempt from normal tax.
Apply the general deduction formula.
Calculate the taxable income of a company.
Explain the concept of a small business corporation and the preferential tax rates.
Calculate capital gains and losses.
Explain Value Added Tax (VAT) and identify the accounting basis to be applied in a VAT system.

Associated Assessment Criteria for Exit level Outcome 3:
Record transactions in various journals.
Process transactions using the accounting equation.
Evaluate the fundamental principles of Accounting.
Collect record and process accounting data.
Prepare data for disclosure in annual financial statements.
Record transactions from incomplete records.
Generally give explanation to financial statements.

Associated Assessment Criteria for Exit level Outcome 4:
Discuss the interaction between the various legislations in South Africa and the Tax Administration Act.
Identify taxpayers who are liable for rendering returns.
Determine and analyse a tax rate structure.
Understand tax policy by applying the principles of an efficient tax system.
Apply the rules applicable to the books, accounts and records of the taxpayer.
Determine the implication of payments to the Revenue Service with regards to tax payments, penalties, interest and refunds.
Understand and use the objection and dispute resolution process when a taxpayer is involved in any dispute with the Revenue Service.

Associated Assessment Criteria for Exit level Outcome 5:
Display knowledge of basic economic principles.
Explain micro and macro-economics.
Explain the economic problem of scarcity.
Discuss how supply and demand works.
Discuss economic growth and development.
Discuss the goals and instruments of a market economy.
Identify and explain the role of the various economic subjects in the economy.

Associated Assessment Criteria for Exit level Outcome 6:
Identify the concepts and problems associated with end-user computing.
Discuss the benefits of computing to business management and administration.
Apply knowledge of applications software to the development of user-oriented solutions to specified user problems.
Select and apply user programmable features of specific software to allow development of automated customised and user-friendly applications.
Demonstrate competence in the use of applications software and its customisation to meet user needs.
Undertake both independent and directed study as related to end-user computing.

Associated Assessment Criteria for Exit level Outcome 7:
Explain the principles which govern the transmission of information in business contexts.
Compose all different types of written communication in a clear, complete and correct way.
Describe the principles of communicating orally in an effective way.
Explain how non-verbal signals can help or hinder communication.
Describe common barriers to successful communication and explain how to overcome them.

Integrated Assessment:
The assessments will be used to determine the following:
The extent to which the learner has grasped the concepts.
The application of Taxation and Accounting theory to a practical context.
The methods of research used.
A balance between theory and practice and its relevance to the level of the qualification.
The use of appropriate technology to ensure effective communication of ideas.

These assessment methods include:
Assignments (Report writing, case studies, interpretative and analytical problem solving and research).
Written examinations.