By Business Reporter
PwC Namibia last week celebrated the 10th year anniversary of the PwC Tax Academy programme.
Launched in 2007, the PwC Tax Academy is an internship program to train tax professionals. Candidates rotate between the various specialist PwC tax teams, covering income tax, VAT, employee taxes and general tax compliance processes, to gain practical experience.
At the same time, candidates enrol and complete basic and advanced diplomas in taxation. The programme runs over two or three years, depending on the tax qualifications of the candidates.
“At PwC, careers are built in a team-oriented, open, trusting and inclusive environment. Team leaders and coaches act as mentors, helping young professionals to make the most of their experiences, so that they can grow, explore new opportunities and achieve their full potential,” said PwC Namibia Country Senior Partner, Nangula Uaandja.
This academy is the first of its kind in Namibia and reaffirms PwC’s commitment to Vision 2030 and the development of local tax professionals. The firm currently has seven candidates enrolled. Since 2007, 18 candidates have completed their training. The participants, to date, include 95 percent previously disadvantaged Namibians.
PwC Namibia Tax Leader, Stefan Hugo, said, “Continuous changes in tax legislation, increasing costs relating to non-compliance and changes in the global tax landscape, emphasises the important role that we believe tax professionals in private sector and government have to play in the economy, to improve tax compliance and ensure tax efficiencies.”
Tax Academy Programme Coordinator and PwC Tax Associate Director, Nelson Lucas, also highlighted key benefits of the academy.
“By rotating academy trainees between our specialist teams, we ensure that they gain knowledge and experience in the specialised fields of corporate income tax of businesses and individuals, auditing and reviews of VAT balances and transactions affected by VAT.
“They also assist our clients to be in good standing with the Inland Revenue Department, including through regular liaison with tax officials, completing and submitting tax returns for all taxes, and through tax health checks on employee and withholding taxes, and other indirect taxes,” Lucas said.
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