`

SCHOOL OF ACCOUNTING

TAXATION AND ESTATE PLANNING III

CODES:
RTV301
RGTV301

STUDENTS’ GUIDE
AND
MODULE OUTLINE

2025

TAX 3 Course Outline 2025 Sem 1.docx Page 1

This module outline/guide is in addition to the General Information Guide for Undergraduate Students issued by the
School of Accounting.

Contents

1. PURPOSE ...................................................................................................................... 3
2. STAFF ........................................................................................................................... 4
3. DATES & TIMES .............................................................................................................. 4
4. DP REQUIREMENTS ........................................................................................................ 5
5. CALCULATION OF MARKS ............................................................................................... 5
6. TESTS ........................................................................................................................... 5
7. EXAMINATIONS .............................................................................................................. 5
8. PRESCRIBED TEXTBOOKS .............................................................................................. 6
9. FUNDA .......................................................................................................................... 6
10. TEACHING APPROACH.................................................................................................... 7

TAX 3 Course Outline 2025 Sem 1.docx Page 2

1. PURPOSE

RTV/RGTV301
This module:
• provides prospective Chartered Accountants (SA) with the detailed knowledge and understanding of income
tax in South Africa with particular reference to the topics identified in the core content;
• contributes to the development of the pervasive skills as described in the South African Institute of Chartered
Accountants Competency Framework, namely ethical behaviour, professionalism, personal attributes and
professional skills.

LEARNING OUTCOMES
On completion of this module, a student should be able to:
• interpret income tax legislation by applying decisions of the relevant courts;
• determine a taxpayer’s residency for income tax purposes and be able to explain the South African income
tax consequences for residents and non-residents;
• identify and determine the components of taxable income and normal tax payable by individuals (salaried,
sole-traders) and companies;
• identify, advise and/or determine other taxes payable by taxpayers as detailed in the core content;
• identify, advise and/or determine the taxable capital gains for taxpayers;
• demonstrate competence in the above listed outcomes as further described in the South African Institute of
Chartered Accountants “Competency Framework: Competencies of a Chartered Accountant (SA) at entry
point to the profession”.

CORE CONTENT
• Revision of aspects of RT202 (RTV202).
• Advanced application of gross income, exemptions, deductions and allowances.
• Residents vs non-residents.
• Capital gains tax.
• Fringe benefits and lump sums from retirement/severance benefits.
• Individual tax.

PREREQUISITE MODULE(S)
A PASS IN ACCOUNTING (R201/RG201); ACCOUNTING (R202); COMMERCIAL LAW (JHA121); COMPANY
LAW (JHM121); and at least 55% in TAXATION (RT202)
Or the equivalent George campus codes

TAX 3 Course Outline 2025 Sem 1.docx Page 3

 ASSESSMENT (both RT/ V and RGT/ V)
1 x 3 hour examination (33% class mark + 67% examination mark (see below)).

MODERATION
External

2. STAFF
See the General Information Guide for Undergraduate Students
Lecturers Summerstrand South Campus:
Ms Ayesha Le Roux
E-mail: Ayesha.LeRoux@mandela.ac.za

Ms Farmidah Khan
E-mail: Farmidah.Khan@mandela.ac.za

Mr Khetho Tshipala
E-mail: Khetho.Thipala@mandela.ac.za

Lecturer George Campus:

Ms Catherine Fourie
E-mail: Catherine.Fourie@mandela.ac.za

Module administrator:
Ms Yolandi De Beer
E-mail: Yolandi.DeBeer@mandela.ac.za

3. DATES & TIMES

Lectures, Tutorials and Consulting hours

Lectures

Lectures will be made available on Funda. The lectures will be pre-recorded and made available in PowerPoint and
MP4 video format.

Tutorials

Tutorial sessions will be done on campus or live via Microsoft Teams in exceptional cases.

You will be allocated to a specific tutorial group during the first week of lectures. A notice indicating the groups and
the dates of the compulsory tutorials will be published on Funda. Attendance at these tutorials is compulsory. See
DP requirements in section 4 below.

TAX 3 Course Outline 2025 Sem 1.docx Page 4

 Consulting hours
Please try to contact the lecturer that lectured the topic. If you do not feel comfortable to do so, you may any lecturer
of your choice, provided that they are involved in the module.
Please practice consulting etiquette:
o If consulting is done via Microsoft Teams, please do not send voice notes.
o If consulting is done via email, please provide for a delay in a response if the email has been sent after
5pm.
o Please be mindful of weekend, public holidays and recess. Your queries will not be answered during
this time.
o Do not contact multiple lectures with the same question, instead copy all lecturers on the question.

4. DP REQUIREMENTS
In terms of the requirements set out in the university calendar you will not be permitted to write examinations in a
module unless the Head of Department concerned is satisfied that:
• you are registered for the course,
• have satisfactorily attended the class meetings of the module, and that
• you have satisfactorily performed the work assigned to you.

To obtain your DP certificate for the module you must:

• be present at a minimum of 75% of the tutorials; and
• satisfactorily complete and hand in a minimum of 75% of the written assignments; and
• write all tests.

5. CALCULATION OF MARKS
Your class mark will be made up of two written semester tests (they each count 50% towards that mark).
Your semester mark will be made up of 33% of your class mark and 67% of your examination mark.
(These weightings will change if you are excused from a test.)

6. TESTS
Preliminary:
Date Time
Test 1 18 March 2025 To be announced
Test 2 16 May 2025 To be announced

Please NOTE: These dates may change and are only provisional.

Test 1 and 2 are compulsory. In the case of an illness an original medical certificate must be submitted reflecting
the clinical opinion of the doctor.

The format, time and scope will be made available closer to the date of the test.

7. EXAMINATIONS
See the General Information Guide.

TAX 3 Course Outline 2025 Sem 1.docx Page 5

8. PRESCRIBED TEXTBOOKS

The following are the prescribed textbooks:

• SAICA Legislation Handbook 2024/2025 (recommended).

• Notes on South African Income Tax 44th edition (2025)(Phillip Haupt).
• Graded Questions on Income Tax in South Africa 2025 (K I Mitchell & L D Mitchell).
• A Student’s Guide to the Value-Added Tax Act – 2025 Edition (Alex Brettenny) (semester 2 – recommended)

9. FUNDA

Funda is the official noticeboard.

You will be expected to download course material from Funda. Notices to students will be posted on this site.

Funda is open to all students registered for any of the School of Accounting courses. Access will be denied if you
are not registered after the registration date has closed.

Funda is found at the following address:

FUNDA SITE
RT301/RGT301/RT351/RGT351/RTV301/RGTV301: Taxation 3 (PE + George) (2025)

Access the Funda Site via your student portal “Funda” and either use “My sites” and select
RT301/RGT301/RT351/RGT351/RTV301/RGTV301: Taxation 3 (PE + George)

OR

Select “Faculty of Business & Economics Sciences”; “School of Accounting”; “Department of Accounting
Sciences” and then the site (scroll down to find it).

Note: Individual tax sites like “RT301” should re-direct you to the correct site.

Access from off-campus is available. Use your student number preceded by NMMU\ then your user name as
requested. Alternatively access the site via your student portal.

General notices will be posted on this site.

Practice question suggested solutions, extra notes and assignment solutions will be posted on this site. All test
results will be posted to this site.

Past exam and test papers are published on the site.

TAX 3 Course Outline 2025 Sem 1.docx Page 6

10. TEACHING APPROACH
The course is planned to occupy about 10 hours per week for 12 weeks. The 10 hours will involve:

4 lectures 2.25 hrs

1 recap (face to face class) 1 hr
1 tutorial 1 hr
Consolidation review (includes a quiz) 1 hr
Homework/study (including assignment) 4.75 hrs

Lectures
The main purpose of the lectures will be to:

(i) introduce and give an overview of the main problems presented by the syllabus topics;
(ii) familiarise you with terminology, concepts and principles of the topic;
(iii) refer you to readings prior to attempting the practice questions and assignments set for the particular topics;
(iv) pose questions relating to some of the problematic areas of the practice and application of taxation law, and
stimulate your thinking and maintain interest in the subject; and
(vi) expose you to different lecturing styles.

There are two 70 minute lectures each week.

Don't expect to learn everything you need to know just by attending lectures. It is mostly what you do after the
lectures that really consolidates your knowledge.

Practice Questions
In order to be successful in this course practice in applying the work dealt with to practical scenarios is essential.
You should be able to apply the principle learnt to “real world” problems. For that reason practice questions and
assignments are prescribed each week.

Practice questions are intended as an opportunity for you to apply the principles covered in lectures, in advance of
attempting assignments. The practice questions are not required to be uploaded on to Funda. After attempting the
practice questions, you need to self-assess, i.e. check your attempts against the suggested solutions and, most
importantly, establish where and why you went wrong.

The content of the questions is examinable.

Solutions will be available on the Funda site (see section 9 above).

Assignment questions will be set each week. These are to be uploaded to the FUNDA SITE by the stated
deadlines.

Tutorials
Assignment questions are compulsory and will be discussed in the tutorial sessions which are designed to:

• discuss the assignment questions;

• give you the opportunity to practice and consolidate knowledge and skills and to clarify points raised
during the lectures;
• develop your verbal communication skills; and
• give the lecturers, through the tutors, as much feedback as possible on the effectiveness of the lectures
and teaching materials and on your individual progress.

As the assignments and tutorial sessions are intended to play a major role in providing learning activities for you,
the submission of assignments and attendance at the tutorial sessions is compulsory (see DP requirements in
section 4 above)

TAX 3 Course Outline 2025 Sem 1.docx Page 7

 Tutorials: Attendance at the tutorial sessions is compulsory for DP purposes
The tutorials will take the form of a discussion of the written assignments. In some cases you may be required to
work on and complete an exercise on your own with the tutor facilitating where necessary.

Most important is to re-examine your attempts in the light of the discussions and suggested solutions to establish
what you have done correctly and where and why you went wrong. This will help you to plug the gaps in your
knowledge and understanding of the topic.

Private study
Your learning on this course will take place mainly through your reading, your attempts at the written assignments
and the self-assessment process.
These are the most important of all the learning activities and your attempts, even though incomplete or incorrect,
must be handed in on the prescribed dates.
To be successful in this course you need to do the above regularly.

Good luck and have fun!

TAX 3 Course Outline 2025 Sem 1.docx Page 8