Print Page   |   Contact Us   |   Sign In   |   Register
News & Press: 2015 News Items

Council News : The Annual Registration Fee Increase

Friday, 06 March 2015  
Posted by: Bert vd Heever
Share |

Every registered person should have received their annual SACQSP registration invoice via email onthe 27th January 2015. Fees are payable annually in advance by the 31st March of the year. Just a reminder that failure to pay your annual fees by the 30th May of the year will automatically trigger the accounting system to raise a “Late-payment” penalty that will be invoiced to you via email as a separate item. We get inundated by persons who get this late-payment penalty invoice who thought that their employer had paid the account. The SACQSP, per the Act 49 of 2000 registers and invoices individuals only. It is your responsibility to ensure that the payment is made either by yourself and claimed back from your employer, or the invoice received is passed on timeously to your accounts department for payment. If the incorrect employer details appear on the invoice, you need to look to yourself to blame as we are continually requesting that everyone logs-in to the SACQSP website and check that their personal profile is updated. You can download on-line your invoice anytime via the SACQSP website, once logged-in. A reminder from our Accounts Department, to
please quote your invoice number or registration number as your reference when making EFT or
debit/credit card payment.

The brief covering note stating that a 10% increase has been implemented, needs some amplification. Each year, the Council reviews its past expenditure to income and draw-up a budget for the forthcoming year. The Council is a “Not for Profit” organisation, and in this light we do not seek to gain income at every opportunity in order to distribute profits to shareholders. Money collected in excess of expenditure is placed in reserve for future un-anticipated large expenditure that may arise.

The Council, comprising mainly of PrQSs is by nature very conservative with expenditure, insisting that costs are stripped to the bone. The Council members take their spend-thrift ideology even further by not taking any financial payment for their time donated to attend the numerous meetings that arise, all in the interests of the profession. However, with that being said, inflation still marches on and affects our expenditure. Going forward, we need to add the cost of higher qualified staff necessary for implementing the stricter measures for governance mentioned in the opening paragraph and the qualified staff necessary for implementing the disciplinary measures discussed in the last newsletter.

All these new persons need to be placed in the Council’s office,,hence the increase in fees above CPI.

To view our historical money inflows and expenditure, the SACQSP’s audited financial statements are published annually in the Annual Report to be found on our website. Once we have completed our APP, our budget for the next 3-years will also be published on our website for your information.

The Registrar