Objectives

The primary objective of this tender is to appoint a qualified and experienced service provider to perform income tax and deferred tax calculations and prepare related disclosures in accordance with IAS 12 (International Accounting Standard 12 – Income Taxes). The service provider will be responsible for ensuring accurate tax computations, preparing comprehensive disclosures, advising on complex tax treatments, and supporting audit processes.

Scope

The scope of work includes:

• Calculating current income tax liabilities and assets for the 2026 financial year.
• Calculating deferred tax assets and liabilities arising from temporary differences, unused tax losses, and tax credits.
• Preparing disclosures in line with IAS 12, including tax reconciliation, deferred tax movement schedules, tax rate reconciliation, unrecognised deferred tax assets, and impacts of tax legislation changes.
• Providing advice on tax accounting treatments for complex transactions such as leases and provisions.
• Supporting audit readiness with documentation and responses to auditor queries.
• Delivering detailed tax computation files, deferred tax schedules, IAS 12-compliant disclosure notes, and a summary report with key findings and recommendations.

Technical Requirements

The service provider must demonstrate:

• Proven experience in South African corporate tax and IFRS accounting standards, especially IAS 12.
• Registration with relevant professional bodies such as SAICA or SARS.
• Experience working with state-owned entities or large corporations.
• Capacity to deliver within tight deadlines and collaborate effectively with SANPC’s finance team.

Skills Requirements

The successful bidder should possess:

• Expertise in South African tax legislation and IFRS accounting standards.
• Strong analytical and technical skills in tax calculations and disclosures.
• Experience in preparing comprehensive tax documentation and disclosures.
• Ability to provide strategic advice on complex tax transactions.
• Excellent communication skills for liaising with auditors and internal teams.