Ridhwaan Khan CA(SA)

About Ridhwaan

Ridhwaan Khan is a SAICA-registered Chartered Accountant with 26 years of qualified experience and over 21 years of specialised expertise across income tax, VAT and PAYE. His qualifications include postgraduate study in Advanced Taxation and Advanced VAT.

As Director of Tax at Turning Point Chartered Accountants and 10BucksOnly, his work spans non-profit, corporate, banking, insurance, education and public sector operations. He leads 10BucksOnly’s educational frameworks on Section 18A tax receipts, donor tax deduction claims and SARS IT3(d) alignment.

Mahomed Ridhwaan Khan has specialised in taxation and external, internal and computer auditing, and held managerial positions at two Big 4 audit firms. In addition to his postgraduate Honours qualifications in Taxation and VAT, he holds a Certificate in Advanced Auditing.

His experience includes public-sector organisations, multinational companies, the financial and insurance sectors, SMMEs and NGOs. His work covers tax opinions, payroll and VAT reviews, SARS audits and restructuring business processes for effective tax compliance.

Areas of expertise

Local government VAT advisory

• VAT apportionment calculations and applications for SARS directives
• Reviewing municipal VAT processes and implementing best-practice methods
• VAT recovery reviews and assistance with SARS audits
• Coding municipal charts of accounts to maximise VAT recoveries
• Municipal budgeting and VAT treatment of grant funding
• Grant-funding VAT issues for municipal and other designated entities
• Lobbying SARS and National Treasury for policy change on unfunded municipal mandates
• Municipal VAT and PAYE training on legislative changes
• Advice on VAT policy issues involving National Treasury and SARS

Experience in practice

1. Big 4 management

   Held managerial posts at two Big 4 audit firms.

2. Provincial Treasury

   Acted as VAT and PAYE project advisor to the KwaZulu-Natal Provincial Treasury.

3. Auditor General South Africa

   Served as tax trainer and advisor to AGSA.

4. Audit foundations

   Three years of audit experience and two years in computer and internal audit.

Education & qualifications

• Chartered Accountant (South Africa) — CA(SA); SAICA member
• BCom and BCom Honours (Accounting)
• HDip (Tax) — Postgraduate Certificate in Advanced Taxation (Honours)
• HDip (VAT) — Postgraduate Certificate in Advanced Value-Added Tax (Honours)
• Certificate in Advanced Auditing

Tax training & research

A SAICA Tax Trainer, Ridhwaan has developed and presented more than 30 industry training courses on tax legislation, VAT and technical tax law. His AGSA VAT and PAYE training covered 15 business units across South Africa, addressing MFMA and PFMA entities.

He has presented papers on taxation and compiled an 80-page dossier, “The concept of Islamic Taxation”, comparing contemporary taxes with Islamic taxation through their objectives, foundations, principles, tax bases and enforcement.

Tax technology developed by Ridhwaan

Cash Detect

The Cash Detect system has recovered millions of rands on behalf of clients.

VAT Vendor Verification (V³)

The VAT Vendor Verification tool verifies supplier databases.