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Taxation

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Dean's Address

Dean's Address

Taxation as a Career Working in taxation is an intellectually rewarding and stimulating career centred around providing individuals and businesses with advice on various taxation issues. It is a diverse profession involving a myriad of responsibilities such as preparing and submitting taxes and helping businesses keep on top of compliance. There are three main areas of tax: corporate, personal and indirect tax, and individuals can explore them to discover which area best suits their skills and interests. A career in tax can be divided into two main roles: taxation accountants and taxation consultants. As an accountant, individuals will be responsible for analysing, reporting and preparing financial statements and BAS statements, liaising with the Australian Taxation Office and other regulatory bodies when required, and preparing business income tax returns and statements for audits. On the other hand, taxation consultants provide specialist solutions for clients, devising tax-efficient strategies for multinational and domestic clients in business situations such as mergers, takeovers and corporate restructures. Regardless of which path an individual chooses to pursue, those working in the taxation profession must have exceptional attention to detail, strong analytic abilities and excellent communication skills.

COMMON DUTIES

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Taxation Agents can work with organisations such as:

CPA, Grant Thornton, PwC, JPM, IBM and Citi

Reviewing changes in tax legislation and reporting it to clients and colleagues

Preparing, submitting and managing tax, financial, and BAS statements

Identifying areas where businesses can reduce tax and devising tax-efficient structures for businesses

Auditing and advising on tax implications on acquisitions, mergers and capital financing

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All businesses need people who can make well-informed decisions and solve problems. A career in business could allow you to work in any industry, for all types of organisations, and anywhere around the world.

This gives you the opportunity to build a career that prioritises your passions, purpose and goals; not just your skills and knowledge. If you want to stay informed on graduate, internship and vacation roles, and upcoming networking events sign up as a student affiliate.

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