INSTITUTE OF CHARTERED SECRETARIES AND ADMINISTRATORS IN ZIMBABWE Lecastuent member f he Publ Acts dA oad Po At Feo comnts 7 March 2017 ear Member RENEW REQUIREMENTS FOR TAX ACCOUNTING PRACTICE You may be aware that the Public Accountants and Auditors (PAA) Act (Chapter 27:12) was amended in 2035 to, among other things, include some provisions for registration and regulation of Tax Accountants (TAs) and General Accountants (GAs). efore the amendment, the PAA Act only had provisions for regulation of Registered Public Auditors (RPA) and Registered Public Accountants (RPACcs), Under the PAA Act, members of the Institute are clipe to register as Public Accountants (RPAccs} and this postion has not cranged. ‘The amendment 10 the PAA Act recognises ICSAZ members (in good standing) who are [ccs a eligible to practise as Tax Accountants. Ths implies that ICSAZ members who ace Accs do not need to register with the PAAB as Tax Accountants in order to practice as such, The PAA Act however requires that any Tax Practitioner shoulé obtain a Tax Accounting Practising Certificate if they want to offer tax accounting services tothe public Please note that application for the Tax Accounting Practicing Certificates for ICSAZ members wil be done though the Institute. Members can therefore submit their applications for registration a Tax Accountants through the Institute yi»