Taxation Accountant

A challenging role that requires expertise in compliance, providing advice and dispute handling.

What's it like to be a Taxation Accountant?

Taxation Accountants (also known as Tax Accountants) are responsible for analysing, reporting and providing advice on fiscal and taxation issues to individuals or organisations.
Tasks and duties
  • Preparing, submitting and managing tax, financial, and BAS statements.
  • Undertaking audits and advising on tax implications on purchases and sale of businesses, mergers and capital financing.
  • Identifying areas where businesses can reduce tax, make claims and increase profit.

What can I earn as a Taxation Accountant?

The most common salary  for a Taxation Accountant is between $60k and $70k
Source: SEEK job ads and SEEK Profile data

How to become a Taxation Accountant

A bachelor degree in the field of accounting is required to be eligible for entry into any of the three professional accounting bodies that regulate and accredit the accounting industry in Australia. These are generally three-year courses, open to anyone over 17 years who has completed year 12 with an appropriate Universities Admission Index.
  1. Complete a Bachelor degree in the field of accounting. This could be a Bachelor of Accounting or a Bachelor of Accounting and Finance. Alternatively, complete a postgraduate qualification, such as a Master of Professional Accounting. This is a two-year degree for students with previous tertiary qualifications.
  2. Apply to participate in a Certified Practising Accountants (CPA) program or apply to become a member of a recognised accounting institution, such as the Institute of Public Accountants (IPA) or the Institute of Chartered Accountants of Australia (ICAA).
  3. There are many opportunities for Tax Accountants; consider becoming Taxation Consultant or moving into management.

Explore Taxation Accountant qualifications

Explore accounting qualifications available by institution, including full time, part time and online study options.
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Source: SEEK job ads and SEEK Profile data

What are employers looking for?

Employers want:
  • Financial statement experience
  • Tertiary qualification
  • Reporting skills
  • Public practice experience
  • Experience with a Big 4 accounting firm
Shortlisted applicants have:
  • MYOB
  • Excel skills
  • Xero
  • Financial reporting experience
  • CPA
Source: SEEK job ads and SEEK Profile data

How do Taxation Accountants rate their role?

Latest reviews from 22 Taxation Accountants surveyed on SEEK

Latest reviews
1 out of 5Feb 2018
Reviewer's Qualification
Diploma
Experience
0 - 4 years
Organisation size
Medium (20-199 employees)
Specialisation
Not applicable
The good things
Very little is good about this career
The challenges
Seasonal work
Read more
4 out of 5Feb 2018
Reviewer's Qualification
Bachelor of commerce
Experience
10+ years
Organisation size
Small (1-19 employees)
Specialisation
Not applicable
The good things
The job enables me to learn more as it is client base, every single case is different. In taxation, the variety is important. It takes time to build up the practical knowledge but it is very rewarding...
The challenges
Need to stand tall for the belief that you have, otherwise, you'll easily fall into the ethical trap.
Read more
4 out of 5Feb 2018
Reviewer's Qualification
Graduate Diploma of Chartered Accounting
Experience
0 - 4 years
Organisation size
Small (1-19 employees)
Specialisation
Not applicable
The good things
Tax Accountant is a rewarding job while you are able to help the clients to sort out their financial obligations. If you would like to challenge yourself, this might be a good start for you in your ca...
The challenges
Tax Accountant is a challenging job as you have to keep up to date with the tax laws in order to thrive in the industry.
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5 out of 5Feb 2018
Reviewer's Qualification
Masters of Taxation
Experience
5 - 9 years
Organisation size
Large (200+ employees)
Specialisation
Individual & Business
The good things
Tax Accounting is very interesting and no client is ever the exact same.
The challenges
It's very important to stay up to date with the ever changing rules, regulations ans tax laws.
Read more
5 out of 5Feb 2018
Reviewer's Qualification
master, CPA
Experience
0 - 4 years
Organisation size
Medium (20-199 employees)
Specialisation
Not applicable
The good things
you learn something new every day
The challenges
keeping up wirh changes
Read more
3 out of 5Feb 2018
Reviewer's Qualification
Master of tax law
Experience
10+ years
Organisation size
Large (200+ employees)
Specialisation
Financial services
The good things
Useful, develop knowledge applicable to personal and professional
The challenges
Career progression is limited for senior management in industry.
Read more
4 out of 5Feb 2018
Reviewer's Qualification
Cert IV in Bookkeeping
Experience
10+ years
Organisation size
Large (200+ employees)
Specialisation
Office Manager/Tax Agent
The good things
Always learning new tax practices, working with the public with a variety of people.
The challenges
Learning tax law, and dealing with different situations.
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5 out of 5Mar 2018
Reviewer's Qualification
Bachelor Degree in Accountancy
Experience
10+ years
Organisation size
Small (1-19 employees)
Specialisation
Taxation
The good things
Preparation of the Financial Accounts & Tax Return in accordance with the ATO Tax law.Client recommend your services to other people.
The challenges
You meet & learn different people of all walks of life, in various type of business, industries & professionals.
Read more
3 out of 5Feb 2018
Reviewer's Qualification
Chartered Accountant
Experience
10+ years
Organisation size
Small (1-19 employees)
Specialisation
Not applicable
The good things
Was most of the time asks day today I Simone, best part of the job is the research or doing something different or exciting for a client
The challenges
Always have to think
Read more
5 out of 5Feb 2018
Reviewer's Qualification
Post Grad Diploma in Applied Taxation
Experience
5 - 9 years
Organisation size
Small (1-19 employees)
Specialisation
Tax
The good things
Tax is a dynamic subject and it changes every now and then. It evolves and its the life blood of businesses and governments.
The challenges
Its dynamic due to legislative changes , so you need to be abreast.
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3 out of 5Feb 2018
Reviewer's Qualification
In House Annual Course
Experience
5 - 9 years
Organisation size
Large (200+ employees)
Specialisation
Not applicable
The good things
I am not sure why but it is one of those professions or areas of work that I have been totally passionate about and.......I am not alone either. The position itself is more aligned with my natural abi...
The challenges
Working in the private sector, employment is largely seasonal (ie. tax season - 4 months of the year) making it difficult from a financial perspective. In circumstances where you might have a formal d...
Read more
4 out of 5Feb 2018
Reviewer's Qualification
Bachelor of Commerce
Experience
0 - 4 years
Organisation size
Large (200+ employees)
Specialisation
Not applicable
The good things
Job satisfaction you get by helping people with their accounting and taxation needs.
The challenges
Further professional development such as CA or CPA.
Read more
4 out of 5Feb 2018
Reviewer's Qualification
N/A
Experience
5 - 9 years
Organisation size
Large (200+ employees)
Specialisation
Not applicable
The good things
Tax is an area of variety and fulfilment. Helping people directly and ensuring the very best possible outcome is very rewarding.
The challenges
It can be very seasonal work so difficult to maintain a work-life balance for part of the year.
Read more
4 out of 5Feb 2018
Reviewer's Qualification
Tax consultant
Experience
10+ years
Organisation size
Large (200+ employees)
Specialisation
Tax returns
The good things
I meet a lot of people from all walks of life
The challenges
Tax laws are always changing and it is nice to be able to help people make the most of their situation
Read more
5 out of 5Feb 2018
Reviewer's Qualification
Bachelor of Arts (Grad. Conv. in Accounting)
Experience
10+ years
Organisation size
Small (1-19 employees)
Specialisation
Taxation
The good things
Helping Small to Medium Enterprises keep on top of their compliance obligations and provide them with advice and systems that are going to help grow their business and personal wealth.
The challenges
Organisation is key to this role. You have got to learn to worker smarter; not harder. Particularly if you are in public practice; so long as you are meeting/exceeding your targets your firm expects o...
Read more
5 out of 5Feb 2018
Reviewer's Qualification
MPA
Experience
5 - 9 years
Organisation size
Small (1-19 employees)
Specialisation
Not applicable
The good things
Work hard and apply professional ethics at all times
The challenges
keep yourself up to date with the latest and greatest
Read more
4 out of 5Feb 2018
Reviewer's Qualification
CPA
Experience
0 - 4 years
Organisation size
Medium (20-199 employees)
Specialisation
Retail industry
The good things
Pros: Tax accountant is a specialised job that need technical skills. Its not a job that will be gone in short term or easily outsourced. The longer you are in postion the better technical skills you ...
The challenges
Too many people doing Accountant study now so lots of competion in job matket
Read more
4 out of 5Feb 2018
Reviewer's Qualification
Chartered Accountant
Experience
10+ years
Organisation size
Small (1-19 employees)
Specialisation
Not applicable
The good things
I like what I am doing. It requires you to keep your knowledge up to date. It is very much in demand professiona
The challenges
Keeping up to date is very challenging
Read more
5 out of 5Mar 2018
Reviewer's Qualification
Master of accountant
Experience
10+ years
Organisation size
Small (1-19 employees)
Specialisation
Tax and finance
The good things
Challenging & high potential being self employed
The challenges
Solving problems every day and dealing with lots of customer
Read more
5 out of 5Feb 2018
Reviewer's Qualification
Bachelor of Commerce, Registered Tax Agent
Experience
10+ years
Specialisation
Preparing and lodging Tax Returns
The good things
The good things about being a Self Employed Tax Agent is the flexibility of hours and the remuneration which is based on what you know as distinct from being time based. The challenging aspects of thi...
The challenges
Overcoming challenges leads to more personal self esteem
Read more
3 out of 5Feb 2018
Reviewer's Qualification
Masters
Experience
5 - 9 years
Organisation size
Large (200+ employees)
Specialisation
Taxation
The good things
This role gives you exposure to both accounting and tax. To do this role well, you also need to understand the business.
The challenges
You wouldn't expect it, but this role needs people skills. You are consistently relying various areas of the business for information, in particular the accounting team. Many times, unless you have b...
Read more
4 out of 5Feb 2018
Reviewer's Qualification
MIPA
Experience
10+ years
Organisation size
Small (1-19 employees)
Specialisation
Tax
The good things
As a Tax Accountant, you never stop learning. As the laws change, your thinking has to change with them. Every client's accounts are different and that provides variety.
The challenges
Clients do not alwaus want to hear the news that they have tax to pay. Some days you will feel like the grim reaper by your second meeting. But I try to stay in constant contact with our clients to en...
Read more
Source: SEEK Role Reviews

What are the job opportunities for Taxation Accountants?

Find out how the job market is trending

Job opportunities
Taxation Accountant jobs on SEEK
Source: SEEK
Projected job growth
National increase over next 5 years
6.9%
2017
2022
Source: LMIP. Accountants
Latest Taxation Accountant jobs on SEEK
Source: SEEK job ads and SEEK Profile data
Source: SEEK job ads and SEEK Profile data