Profile of Teresa Calvert
Lecturer: Taxation

Teresa Calvert

Qualifications:

• Diploma in Business Management and Computing Skills (Pass with distinction)
• Basic Principles in Public Relations Certificate 2001 (Damelin)
• Certificate in Basic Principles of Public Relations (PRISA)
• Certificate in Practical Bookkeeping (The Institute of Certified Bookkeepers)
• Bachelor of Business and Commerce specialising in Accounting (Monash South Africa)
• Bachelor of Commerce  (Accounting Honors) (University of Johannesburg)
• Certificate in the Theory Of Accounting (CTA) (University Of Johannesburg)
• Chartered Accountant (South Africa)
• MCom in South African and International Taxation Cum Laude (NWU)

Email Address

Phone Number

+27 11 950 4174

Teresa is the first qualified South African Chartered Accountant to have studied at Monash for her undergraduate degree. Teresa is thus the first Monash South Africa alumni to be employed as a lecturer in Taxation.

Teaching Commitments

Teresa currently teaches South African Taxation of Businesses and South African Taxation A.

Research

All current research conducted
Teresa Calvert has completed her MCom studies with distinction in South African and International Taxation. The research component of this MCom consisted of a critical analysis of the General Anti-avoidance Rules (“GAAR”) currently in effect in South Africa. The impetus for the study arose due to the fact that the current GAAR regime has not been presented before the South African courts and thus it is difficult to determine if the criticisms of the previous GAAR regimes have been amended sufficiently.
This study applied the current GAAR to previous case law where the GAAR failed to stand up to the rigors of court. The results from the study concluded that the amendments made to GAAR in South Africa have not resulted in a more effective GAAR.
Teresa plans to commence with her PHD studies in 2012 where her research will consist of a qualitative case study in respect of the Canadian and Australian GAAR regimes with the hope to identifying areas where the South African GAAR may be improved by using the lessons learned in these countries.

Further Research interests
Taxation of non-monetary rewards – the provision of non-monetary rewards to taxpayers in the form of redeemable loyalty points is currently not taxed in South Africa. Research in this area is imperative to aid in providing the South African Revenue Service with tools that may be applied where the receipts of such loyalty points are not included within a taxpayers taxable income.
Carbon emission tax – the introduction of carbon emissions tax in South Africa has sparked much debate in the motor industry. The impact of this tax on the motor industry has not been assessed or quantified with sufficient depth. A detailed study of the impact of this tax is much needed within the South African context.

Achievements

•  Damelin Merit Award - top Student of the year 2001
•  Cambridge Career Award in Effective Business Communication
• 2010 Monash PVC award – New Comer of the Year

Conferences and papers

Teresa has presented two abstracts at conferences this year entitled “Critical analysis of the 2006 amendments to the General Anti-Avoidance Rules: A case law approach” as follows:

• The South African Accounting Association Regional Conference 2010 (23 September 2010); and
• The Monash South Africa Business and Economics Research Seminar (5 October 2010).

Other Professional Activities

• Member of South-African Institute of Chartered Accountants (SAICA)
• Guest lecturer at the North West University in Taxation Masters