UnitLevel 3Undergraduate

BTS2301 South African taxation A

Faculty of Business and Economics

BTS2301 South African taxation A is a level 3, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2020 in Semester 1 and Semester 2 at South Africa. It needs BTS1201 and unlocks 1 unit, leading on to 2 units in all.

Credit points
6
Offered in 2020
Semester 1, Semester 2
South Africa
Assessment
Exam 60%
and 1 other task
Workload
144 hours
per semester

This is the 2020 handbook entry. See the 2022 entry.

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Requisites

Before BTS2301

Prerequisites

Pass these before you enrol.

After BTS2301

1 unit list BTS2301 as a prerequisite or corequisite.

Overview

This unit provides an introduction to the principles and practices of taxation in South Africa. Topics covered include: gross income; special inclusions; exempt income; allowable deductions; special deductions; capital allowances; capital gains tax; value added tax (VAT); and South African tax law. This unit is a requirement for students wanting to register as a Chartered Accountant with the South African Institute of Chartered Accountants (SAICA).

Offerings in 2020

Teaching periodCampusMode
First semesterSouth AfricaOn campus
Second semesterSouth AfricaOn campus

Assessment

  • Within semester assessment
    40%
  • ExaminationThreshold hurdle
    60%

Learning outcomes

When you finish this unit, you should be able to:

  1. 1

    describe and explain various aspects of the South African taxation system

  2. 2

    determine what is included in gross income

  3. 3

    evaluate and determine what is exempt and specifically included in taxable income

  4. 4

    identify and calculate the special and general deductions/ allowances that are allowed against taxable income

  5. 5

    identify transactions that will be subject to capital gains tax and calculate the taxable amount in terms of the relevant provisions

  6. 6

    identify transactions that will be subject to Value Added Tax and describe the rules and calculate how they are taxed

  7. 7

    apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with taxation and demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered in BTS2301.

Workload and teaching

  • Tutorials12 hours
  • Lectures36 hours
  • Teaching approachActive learning

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.

Weekly Sessions
- This unit will be taught each week for 12 weeks a three-hour lecture (voice recorded slides/face-to-face/online sessions) and a one-hour tutorial (voice recorded slides/face-to-face/online sessions).
- We also make use of peer assisted learning techniques and will make use of multi modal teaching methods.
- The lecturer will use her sessions with the students to cover significant points of each week's topic, discuss problems and apply the theory to practical examples. It is not intended that the lecturer will cover every aspect of each topic, but rather provide a framework of the important theoretical concepts and practical issues. Given this framework students are expected to attend all sessions and participate actively.
- During lectures, students are encouraged to ask questions to clarify areas of difficulty and to contribute actively to the discussion.

Tutorial groups
- If you have allocated yourself to a tutorial group please stay in that group. This will prevent you from not obtaining participation marks, if applicable.
- Participation: In order to participate and to gain maximum benefit from the tutorial sessions all the questions set for each week are to be attempted before the tutorial for that week.

Seen questions
- Seen question solutions are available on Moodle for self-study before the topic is discussed. The questions are selected from the prescribed question book or past paper questions are made available if a question is chosen from a past paper.
- All answers to questions will be loaded on Moodle after the last session for the week.
- Where necessary additional questions will be added to Moodle.
- Students should ensure their answers and notes are updated, considering feedback received in sessions, from slides and solutions to questions at the completion of each topic.

Representatives
1 male representative and 1 female representative is selected to assist with queries/issues raised by the class.

Quizzes
- Moodle quiz: Scenarios are provided which are required to be completed before attempting the quiz. The quiz which is set up covers content relevant to the topic that is set up on the quiz. Quizzes are made available after the relevant lecture and tutorial.

Self-leadership with your studies
- Students are responsible for their studies.

To ensure a high probability of completing this unit successfully, students need to approach it in a systematic way. At a minimum this should involve:

PRIOR TO WEEKLY SESSION WITH LECTURER
- pre-read prescribed material;
- draw up own summary/mindmap;
- work through seen questions and solutions;

DURING WEEKLY SESSION WITH LECTURER
- attend sessions and participate in discussions with lecturer
- participate in small groups/teams on group assignment;

AFTER WEEKLY SESSION WITH LECTURER
- reflect on content covered during the lecture and tutorial. Make notes and consult with the lecturer if required

At Risk Students
At risk students are identified in the beginning of the semester as students with a WAM of below 50%. Students who fails any assessment must take responsibility and make an appointment with the lecturer via email, using the consulting times, within a week after the release of the results.

Learning resources

Required resources

SILKE: South African Income Tax 2020 and Tax workbook 2020

Contacts

Chief Examiners
Ms Sadiyya Moola

Common questions

What are the prerequisites for BTS2301?

You need BTS1201 before you enrol.

What can I take after BTS2301?

BTS2301 is a prerequisite or corequisite for 1 unit, including BTS3302. Those lead on to 2 units in all.

When is BTS2301 offered?

In 2020, BTS2301 runs in Semester 1 and Semester 2 at South Africa.

How much work is BTS2301?

The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.

Does BTS2301 have an exam?

Yes. The exam is worth 60% of the final mark, alongside 1 other task.

More details

Credit points
6
Level
3
Study level
Undergraduate
Faculty
Faculty of Business and Economics
Organisational unit
Department of Business Law and Taxation
Type
Coursework
EFTSL
0.125
Student contribution
SCA Band 3
Study abroad
Not available
Handbook years
202020212022