School of Commerce

Bachelor of Commerce (with a major in Taxation)

Are you interested in becoming a sought-after tax practitioner? Or do you simply want to increase your knowledge and understanding of South African tax law? If you answered yes to either of these questions, then you should consider enrolling in Milpark Education’s Bachelor of Commerce with a major in Tax. This degree will also prove beneficial to those pursuing career paths in bookkeeping and accounting, financial planning and law.

Offered via Distance Learning (DL) and Distance Learning Online (DLO) - Click here to find out more about our Ways to study

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NQF Level

7

SAQA

90509

Min Credits

360

 

DESCRIPTION AND PROGRAMME PURPOSE

The tax landscape in South Africa has undergone significant changes over the past 10 years. Income tax has become more complex than ever before and an ever-increasing percentage of the South African taxpayers resort to engaging the services of a Tax Practitioner in order to assist them in complying with the country’s tax laws. The promulgation of the Tax Administration Amendment Act of 2012 was an important step in the process of professionalising the role of Tax Practitioner.

This Act now requires Tax Practitioners to register with a recognised controlling body and with SARS – a change that is intended to give a framework that will make sure that tax practitioners are properly qualified. In addition to the role of Tax Practitioner, there are many other career paths that benefit greatly from a solid grounding in Taxation; for example, bookkeeping and accounting, financial planning, general commerce roles, law, and others.

The purpose of the Bachelor of Commerce (BCom) degree is to provide a broad but solid educational foundation to students in the field of commerce, including various key discipline areas such as business management, accounting and economics. The qualification has been designed to provide the knowledge base, practical competence and application skills that would enable students either to enter the labour market or to pursue further studies in this field. Milpark’s BCom with major in Taxation is aimed at providing the undergraduate knowledge and skill required in the field of taxation. In addition, the more traditional commerce fields such as accounting, business management, marketing, economics and finance, are covered.

The BCom degree appears on the Financial Sector Conduct Authority’s (FSCA) list of recognised qualifications for FAIS Fit and Proper purposes. 

WHO SHOULD ENROL 

This degree is ideal for students who want to pursue career in taxation in various disciplines such as personal income tax, corporate tax, estate duty and VAT. Tax professionals have scarce skills sets, which are sought out both by many multinationals and by government.

The Tax profession touches the life of every business and every citizen, both as contributors to the tax system and recipients or users of public services such as education, health services, unemployment support, and infrastructure and protection services. The professional development of both tax practitioners and tax auditors is therefore vital for the future of our country and its economy.

If you would like to be one of the contributors to individual taxpayers, multi-nationals and government, then the tax stream is for you.

PROGRAMME OUTCOMES

Successful completion of this qualification should enable the student to:

  1. Demonstrate awareness of the management and leadership competences necessary to operate in the local or international business environment.
  2. Demonstrate awareness of the essential components of an effective operations strategy in a business environment.
  3. Demonstrate awareness of essential economic theory and its managerial and business implications.
  4. Conduct business research with appropriate supervision in a business environment.

Kindly note that there is an overview factsheet available that provides information on all the different BCom majors offered by Milpark.

Semester 1 Year 1 Year 2  Year 3
Compulsory (all) Induction to Business Studies*
Business Numeracy*
Principles of Microeconomics
Principles of Accounting 
Introduction to Business Management

Intermediate
Macroeconomics
Financial Management 1
Personal Income Tax**
General Management
International Economics
Financial Management
Business Research Methods

Semester 1 Year1 Year 2  Year 3
Compulsory (all) Business Mathematics 
Principles of Macroeconomics
Applied Financial Accounting
Business Law 
Principles of Tax Administration**
Management and
Leadership 
Financial Reporting
Capital Gains Tax**
Group Benefits, Investments
and Tax Collection**
Estate Duty and Donations
Tax**
Non-Income Taxes**
Taxation of Corporates**
Total credits per year 146 118 120

Please note that Induction to Business Studies and Business Numeracy are only offered via Distance Learning Online (DLO) and should be completed in the first semester of study.

** NOTE specialist modules relating to your chosen major will be on offer via distance learning only and will be available in one semester per year as indicated above.

 

The admission criteria for the Bachelor in Commerce degree are as follows:

If the candidate matriculated in 2007 or earlier

Candidates who matriculated in 2007 or earlier require:

1. A Senior Certificate with matriculation endorsement/exemption for degree studies. Candidates who have a
Senior Certificate but who do not meet the matriculation endorsement/exemption requirements stated above, may apply to Universities South Africa (USAF), for mature age exemption (https://mb.usaf.ac.za/); and

2. A symbol of E or higher for Mathematics on HG, or a symbol of D or higher for Mathematics on SG. Candidates who do not meet the Mathematics requirement may be offered admission on condition that they successfully complete the BCom bridging programme, if they have achieved at least a symbol of E on HG or a C on SG in anytwo of the following subjects:

  • Economics
  • Business Economics
  • Accounting
  • Physical Science or Physics/Chemistry
  • Natural Science or Biology.

If the candidate matriculated in 2008 or later

Candidates who matriculated in 2008 or later require:

1. A National Senior Certificate (NSC) with a minimum of 50% in four NSC 20-credit subjects, including English as the language of instruction at Milpark Education, as certified by Umalusi. Candidates who have a National Senior Certificate (NSC) but who do not meet the matriculation endorsement/exemption requirements stated above, may apply to Universities South Africa (USAF), for mature age exemption (https://mb.usaf.ac.za/); and

2. A minimum mark of 50% for Mathematics or 70% for Mathematics Literacy. Candidates who do not meet the Mathematics requirement but who have achieved a minimum mark of 50% or higher in any two of the following subjects may be offered admission on condition that they successfully complete the bridging programme:

  • Economics
  • Business Economics
  • Accounting
  • Physical Science or Physics/Chemistry
  • Natural Science or Biology.

Candidates who have completed a relevant Higher Certificate (NQF 5) or Diploma (NQF 6) in the field of business or commerce, may also be admitted to the BCom degree.

Other certificates

Any applicant who has a certificate other than a South African National Senior Certificate has to provide:

  • a SAQA Certificate of Equivalence, if they want to enrol for a Higher Certificate, Advanced Certificate, Diploma or Postgraduate qualification (www.saqa.org.za)
  • or a USAF Exemption Certificate, if they want to enrol for Bachelor’s degree (https://mb.usaf.ac.za/).

Recognition of Prior Learning (RPL) applications

Milpark admits a small number of students onto its programme via Recognition of Prior Learning (RPL). Applicants interested in applying via RPL will be considered individually by the relevant Dean.

Distance Learning Online (DLO)

Distance Learning (DL)

Cycle 1 Semester 1
Close of Registration: 17 January 2023 Close of Admission/application: 3 February 2023
  Close of Registration: 11 February 2023

 

Cycle 2 Semester 2
Close of Registration: 14 March 2023 Close of Admission/application: 7 July 2023
  Close of Registration: 15 July 2023

 

Cycle 3  
Close of Registration: 27 June 2023  

 

Cycle 4  
Close of Registration: 22 August 2023