Membership Fees 2026
Membership Fees are due and payable by 1st January every year.
Membership Category |
Excluding VAT |
VAT |
Including VAT |
|---|---|---|---|
Financial Accountant in Practice |
|||
| Annual Subscription Fee | 6992.48 | 1048.87 | 8041.35 |
| Includes R5m Professional Indemnity Insurance | |||
Financial Accountant in Commerce |
|||
| Annual Subscription Fee | 2748.52 | 412.28 | 3160.80 |
Financial Accountant in Commerce/Certified Tax Practitioner |
|||
| Annual Subscription Fee | 4022.30 | 603.35 | 4625.65 |
| Includes R5m Professional Indemnity Insurance | |||
Financial Accountant in Commerce/Associate Tax Practitioner |
|||
| Annual Subscription Fee | 3291.30 | 493.70 | 3785.00 |
| Includes R5m Professional Indemnity Insurance | |||
Technical Accountant |
|||
| Annual Subscription Fee | 1729.79 | 259.46 | 1989.25 |
Technical Accountant/Certified Tax Practitioner |
|||
| Annual Subscription Fee | 4022.30 | 603.35 | 4625.65 |
| Includes R5m Professional Indemnity Insurance | |||
Technical Accountant/Associate Tax Practitioner |
|||
| Annual Subscription Fee | 3291.30 | 493.70 | 3785.00 |
| Includes R5m Professional Indemnity Insurance | |||
Certified Tax Practitioner |
|||
| Annual Subscription Fee | 4022.30 | 603.35 | 4625.65 |
| Includes R5m Professional Indemnity Insurance | |||
Associate Tax Practitioner |
|||
| Annual Subscription Fee | 3291.30 | 493.70 | 3785.00 |
| Includes R5m Professional Indemnity Insurance | |||
Close Corporation as Accounting Officer |
|||
| Annual Subscription Fee | 1877.52 | 281.63 | 2159.15 |
ATC |
|||
| Annual Subscription Fee | 0.00 | 0.00 | 0.00 |
Students on Learnership |
|||
| Annual Subscription Fee | 1464.14 | 219.61 | 1683.75 |
Students Other |
|||
| Annual Subscription Fee | 0.00 | 0.00 | 0.00 |
Additional Assessment Fees for New Members
| Accounting Officer Assessment Fee | 2900.00 | 435.00 | 3335.00 |
| Tax Practitioner Assessment Fee | 1325.00 | 198.75 | 1523.75 |
| ATC Assessment Fee | 2900.00 | 435.00 | 3335.00 |
| SARS Readiness Programme | 350.00 | 52.50 | 402.50 |
| Police Clearance | 354.61 | 53.19 | 407.80 |
| BRP Assessment | 2900.00 | 435.00 | 3335.00 |
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 | Subs 2026 | March 2026 | April 2026 | May 2026 |
|
15% Penalty
|
25% Penalty
|
40% Penalty
|
||
| Accounting Officer | 6282.04 | 942.31 | 1570.51 | 2512.82 |
| Accountant in Commerce | 2748.52 | 412.28 | 687.13 | 1099.41 |
| Technical Accountant | 1729.79 | 259.47 | 432.45 | 691.92 |
| Certified Tax Practitioner | 3311.87 | 496.78 | 827.97 | 1324.75 |
| Associate Tax Practitioner | 2580.87 | 387.13 | 645.22 | 1032.35 |