Wednesday 2 November 2016

Understanding the roles in the tax profession

What role within the tax profession could be right for you?

The profession in Australia is broad. Its members work to ensure the tax system serves the needs of individuals, businesses and governments.

Although many tax professionals wear more than one hat, there are five main roles:

  1. Accountants
  2. Lawyers (solicitors)
  3. Analysts/economists
  4. Policy developers/advisers
  5. Tax agents/advisers.

Of these, accountants are the biggest group with 188,100 registered in Australia in 2015, according the Australian Government’s Job Outlook.

Are you a future tax accountant?

Accountants work with clients to plan and develop financial systems, and advise on record keeping and compliance, including tax obligations.

The skills you need to be a good accountant are active listening to best serve your clients, an ability to use systems and maths to solve problems, and critical thinking to evaluate issues and propose solutions.

Are you a future tax lawyer/solicitor?

Solicitors are legal advisors who prepare legal documents and negotiate on behalf of clients in matters related to the law.

In addition to the skills required of accountants, solicitors are expected to have complex problem-solving skills and the ability to exercise a high level of judgement and decision-making.

Are you a future tax policy analyst?

Government policy analysts and advisers collect and analyse information to inform and develop policy that will, in turn, affect government/commercial operations and programs.

To do well at this role, you’ll need to have solid research and critical thinking skills, and the ability to solve complex problems, evaluate systems and communicate findings and recommendations.

This role is generally not for graduates; most graduates will support the activities in these professionals in an administrative capacity before moving into this position.

If you’re intelligent and can solve complex problems, are comfortable performing technical calculations and keeping up with legislation changes, the tax industry wants you for a stable, well-paid career.

Student Membership
Give yourself the edge with free Student Membership

If you are a tertiary education student, The Tax Institute can help you progress in your career journey.

Find out about Student Membership.


  1. Yes, you are right at your own place that some of the people do not understand the place on tax and other thing which should not be neglect by anything and essayroo review is one those website that help you alot with your info and working on it very well to ask more on things that matter.

    1. Taxes are really very complicated. It's not like a slot that you press and everything spins itself. You have to know about taxes, and you have to have a mathematical mind. And you have to be willing to devote your life to numbers and office work. If you like it, you've found your way, you're lucky!

  2. Thank you for your information. I looking forward to seeing your next post. buildnow gg

  3. QuickBooks Error 80070057 is a common error that can occur when using QuickBooks accounting software. QuickBooks error code 80070057 is more likely to appear when you try to open a backup file in QuickBooks externally by double-clicking on it rather than using the programming. Furthermore, if you have any questions about this error code or require assistance in resolving it, please call our toll-free number +18445581311 to speak with a ProAdvisor representative.
    Quickbooks error 80070057

  4. I am very happy to see your article, I very much like and agree with your point of view. Thank you for sharing. This is really a very useful information in my life. I will share it with my friends
    shell shockers

  5. I really enjoyed visiting your blog. Now I have found what I really want. I check your blog everyday and try to learn something from your blog. Thank you and waiting for your new post.
    infected days

  6. Such an amazing post. For you, is convenient. You'll find it take my class online for me simpler to finish it in the required amount of time.

    1. Thank you! Indeed, online classes offer convenience. With assistance from CIPD assignment help, managing coursework becomes simpler, ensuring timely completion while maintaining quality.

  7. This comment has been removed by the author.

  8. A thorough understanding of tax laws, regulations, and evolving tax codes is essential for professionals in this field, as they play a crucial role in financial decision-making and compliance for clients. Hotmail Login

  9. Your blog about "Understanding the roles in the tax profession" is a breath of fresh air in the online world. Your commitment to creating valuable content and your engaging writing style truly set you apart. Each post is a captivating journey that never fails to enlighten and inspire. Thank you for consistently providing such insightful and thought-provoking content. Your dedication and passion for what you do are truly commendable.Monmouth County Reckless Driving LawyerHunterdon County reckless driving lawyer

  10. "Understanding the Roles in the Tax Profession" is a comprehensive guide that provides an in-depth understanding of various roles within the tax industry. The well-organized content, along with real-world examples and case studies, makes it an invaluable resource for students, professionals, and anyone seeking clarity on the diverse career paths in the tax field. The author deserves kudos for demystifying this crucial aspect of finance.
    Distrito Nueva Jersey Reglas Locales Protección Orden