Accountants that specialize in the laws, rules, and regulations for the preparation and calculation of federal, state, and local taxes are typically known as tax accountants. Tax accountants provide a range of tax-related services to both individuals and businesses, which can include preparing and filing tax returns.
Tax Accountant Salary In South Africa
The average tax accountant salary in South Africa is R 1 122 117 per year or R 575 per hour. Entry-level positions start at R 330 000 per year, while most experienced workers make up to R 9 000 000 per year.
What does a tax accountant do daily?
On a daily basis, a tax accountant’s goals and objectives are to aid their client in achieving financial goals.
They will also work during tax season to reduce, eliminate, or delay the amount of taxes that must be paid while staying within all IRS laws, guidelines, and regulations.
How do tax accountants work?
Tax accountants work with clients to produce tax return documents that follow tax laws and regulations.
They keep their clients updated on their return information, and work with them before tax time to derive a plan that will help them reach their desired financial goals and outcomes.
How much do tax specialists earn in South Africa?
The average tax specialist salary in South Africa is R 7 800 000 per year or R 4 000 per hour. Entry-level positions start at R 1 020 006 per year, while most experienced workers make up to R 10 200 000 per year.
How do I become a tax specialist in South Africa?
Complete an accounting degree.
Follow-up accounting studies with formal training.
Keep up to date with tax laws and regulations.
Register with the regulatory body (SARS).