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Taxation Accountant

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.
Not only do Tax Accountants manage tax statements and returns, they also provide advice on financial and tax matters, and handle disputes with taxation authorities.
Understanding regulations, laws and acts about the taxation system is a key attribute of a Tax Accountant.

What can I earn as a Taxation Accountant?

The most common salary  for a Taxation Accountant is between $55k and $65k
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.

Duration 3 yrs - 6.5 yrs
16 institutions offering this qualification
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Duration 1 yr - 6 yrs
27 institutions offering this qualification
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Duration 2 yrs - 7 yrs
34 institutions offering this qualification
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Source: SEEK job ads and SEEK Profile data

What skills are employers looking for?

Employers want:

  • Financial statement experience
  • Tertiary qualification
  • Reporting skills
  • Public practice experience
  • Experience with a Big 4 accounting firm
  • Certified chartered accountant
  • Written skills
  • Reporting
  • Thoroughness
  • Interpersonal skills

Shortlisted applicants have:

  • MYOB
  • Excel skills
  • Xero
  • Financial reporting experience
  • CPA
  • Ms office proficiency
  • Team work
  • Certified practicing accountant
  • Time management
  • Thoroughness
Source: SEEK job ads and SEEK Profile data

How do Taxation Accountants rate their role?

Latest reviews from 23 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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Rating:5
Date received:Feb 2018
Some people find tax boring, I find it positively exciting!
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.
Rating:5
Date received:Feb 2018
hard ro say
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
Rating:3
Date received:Feb 2018
Taxing times
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.
Rating:4
Date received:
Tax Accounting is an exciting role
Reviewer's Qualification:Master of Professional Accounting and Business
Experience:1 – 4 years
Organisation size:Small (1-19 employees)
Specialisation:Tax Accounting
The good things:Variety of jobs, never ending learning process, Always get to face something new on weekly basis
The challenges:All the new things that we learn is by actually doing a research on new issues as I get them. keeping my self on top of things such as reviewing various tax issues and implementing solutions
Rating:4
Date received:Feb 2018
Always studying, and putting in more hours than you are paid
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.
Rating:5
Date received:Mar 2018
Tax Accountant are professionals to give advice legally.
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.
Rating:3
Date received:Feb 2018
Accounting is not as boring as you think
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
Rating:5
Date received:Feb 2018
Tax Accounting is a rolling stone. You have to be ready
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.
Rating:3
Date received:Feb 2018
Tax Accountants not requiring formal degrees.
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 abilities and as a consequence, I really enjoy talking to clients face to face. No one tax return is ever the same and the same would be said for every client. Annual training is provided to keep everyone up to date with changes in legislation. I love the work but it lacks employment security.
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 degree in accounting or working for the taxation department or a more broad base formal accounting firms, all year round work maybe likely. Additionally, as I have been in a managerial role for most of the years I have worked within the tax industry, in circumstances where I have not been a manager, it is definitely not worth it from a financial perspective and the only lasting benefit, is the experience itself.
Rating:4
Date received:Feb 2018
Lot of hard work and dedication but well worth it.
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.
Rating:4
Date received:Feb 2018
Rewarding if passions for numbers and people are your thing
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.
Rating:4
Date received:Feb 2018
Challenging and interesting
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
Rating:5
Date received:Feb 2018
A career in tax “tops the pops! “
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 of you, you can have a very rewarding career and balanced lifestyle.
Rating:5
Date received:Feb 2018
Living the dream job means balancing career and family life
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
Rating:4
Date received:Feb 2018
Accountant is good job if you enjoy the numbers
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 have which it can be easily transferred to another company. The earning is good. Cons: it will need ongoing education or going to seminar to keep updating skills. There are ATO and other deadlines that required work longer/weekend hours
The challenges:Too many people doing Accountant study now so lots of competion in job matket
Rating:4
Date received:Feb 2018
Tax Accountant, man in demand but come with price tag
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
Rating:5
Date received:Mar 2018
Tax accountant help people stay in control of their finances
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
Rating:5
Date received:Feb 2018
Tax Accuontancy is a challenging and rewarding career
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 this profession is keeping abreast of the changes in the laws as well as the stringent guidelines as set out by ATO's Tax Agent Practitioners Board.
The challenges:Overcoming challenges leads to more personal self esteem
Rating:3
Date received:Feb 2018
It's easy to do a mediocre job in tax...but
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 built rapport, your request will not be a priority.
Rating:4
Date received:Feb 2018
Who said Tax is boring?
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 ensure they pay enough tax throughout the year.
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
4%
2018
2023
Source: LMIP. Accountants
Latest Taxation Accountant jobs on SEEK
ChoiceOne
Perth
Join a well-established NFP in Perth CBD involved in taxation and investment planning. $117K - $126K dependent on experience and work-life balance
Vision Super Pty Ltd
Melbourne > CBD & Inner Suburbs
Great opportunity to provide technical expertise and support across a broad range of tax matters.
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Walker's Accountants & Advisers
Shepparton & Goulburn Valley
Preparing Financial Statements, Tax Returns and GST documents for a range of Companies, Trusts and SMSF's.
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Pilot Partners
Brisbane > CBD & Inner Suburbs
An exciting opportunity has arisen for a graduate or recent graduate (with 1-2 years’ experience) to join our Tax team.
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Source: SEEK job ads and SEEK Profile data

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Source: SEEK job ads and SEEK Profile data

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