Membership Fees 2019
Membership Fees are due and payable by 1st January every year.
| Excluding Vat | Vat | Including Vat | |
Financial Accountant in Practice |
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Annual Subscription Fee
|
5227.46 | 784.12 | 6011.58 |
|
Includes R5m Professional Indemnity Insurance
|
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Certified Tax Practitioner |
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| Annual Subscription Fee | 3012.46 | 451.87 | 3464.33 |
| Includes R5m Professional Indemnity Insurance | |||
Associate Tax Practitioner |
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| Annual Subscription Fee | 2467.46 | 370.12 | 2837.58 |
| Includes R5m Professional Indemnity Insurance | |||
Close Corporation as Accounting Officer |
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| Annual Close Corporation Subscription Fee | 1400.00 | 210.00 | 1610.00 |
Financial Accountant in Commerce |
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Annual Subscription Fee
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2050.00 | 307.50 | 2357.50 |
Technical Accountant |
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Annual Subscription Fee
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1290.00 | 193.50 | 1483.50 |
Approved Training Centre (ATC) |
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Annual Subscription Fee
|
00.00 | 00.00 | 00.00 |
Students on Learnership |
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|
Annual Subscription Fee
|
1092.00 | 163.80 | 1255.80 |
Students Other |
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|
Annual Subscription Fee
|
00.00 | 00.00 | 00.00 |
Additional Assessment Fees for New Members
| Accounting Officer Assessment Fee | 2450.00 | 367.50 | 2817.50 |
| Tax Practitioner Assessment Fee | 1115.50 | 167.25 | 1282.25 |
| ATC Assessment Fee | 2450.00 | 367.50 | 2817.50 |
Honorary Life Members: Free Membership
BANK ACCOUNT DETAILS:
|
Bank
Account Name Branch Universal Branch Code Account Type Account Code |
Nedbank The Institute of Accounting & Commerce Southern Peninsula 198765 Current 1103711784 |
Penalties For Late Payment:
| Membership Category | Base Amount 2019 | February 2019 | March 2019 | April 2019 > |
|
15% Penalty
|
25% Penalty
|
40% Penalty
|
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| Accounting Officer | 4685.00 | 702.75 | 1171.25 | 1874.00 |
| Accountant in Commerce | 2050.00 | 307.50 | 512.50 | 820.00 |
| Technical Accountant | 1290.00 | 193.50 | 322.50 | 516.00 |
| Certified Tax Practitioner | 2470.00 | 370.50 | 617.50 | 988.00 |
| Associate Tax Practitioner | 1925.00 | 288.75 | 481.25 | 770.00 |