Fellowships, depending on the particular profession in which they are issued, have different meanings and status. In the medical field in some countries, a fellowship award may either be a financial support award
for further research study or it may be a practicing license to practice as a medical specialist.
Within the context of professional expert communities, a fellowship is generally awarded to honour individuals who have given noteworthy service to a particular profession. Within the South African context, the SAIT established the Honorary Fellowship Award. This award recognises prominent individuals for their sustained record of contributions to the tax profession or at the highest levels of South African society. The individual to whom the Honorary Fellowship Award is issued must have shown distinct merit. The core of such merit is extraordinary contributions to the tax profession, academia and South African society, accompanied by a significant paradigm shift in the field of taxation.
In only outstanding cases will the Honorary Fellowship be awarded to individuals who have already received a professional fellowship, an honorary doctorate or another equivalent award, taking into account new or a significant contribution worthy of an award, after the previous equivalent award. The Honorary Fellowship can be awarded posthumously in exceptional cases.
The SAIT Honorary Fellowship Award is made by a select committee and approved by the Board of the SAIT
Honorary Tax Fellows