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
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.
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...
Need to stand tall for the belief that you have, otherwise, you'll easily fall into the ethical trap.
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...
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.
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...
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...
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.
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...
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 ...
Too many people doing Accountant study now so lots of competion in job matket
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...
Overcoming challenges leads to more personal self esteem
This role gives you exposure to both accounting and tax. To do this role well, you also need to understand the business.
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...
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.
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...