Tuesday, 17 July 2018

Why mentoring is important for young professionals

 



Most people who are successful end up that way because they’ve sought out mentors to show them how to reach the top. In this blog, we will provide you with the valuable resources and information about why a mentor is so valuable to your career progression.

1. Mentor advantages
A mentor can be viewed as a kind of workplace parent – someone who can warn you against making short-sighted moves that could damage your career and instead encourage you to do those things that may be uncomfortable at first but will reap great rewards in the future.

Experience is a valuable thing. And while there’s no substitute for earning it the hard way, there’s also no rule against leveraging the wisdom of others.

A true mentor will provide honest feedback on how you’re performing and offer suggestions on how to improve your performance. They may also introduce you to people in their own network who can further your career.

2. When to search for an mentor
There is an old saying that when the student is ready, the teacher appears. The 21st century version is that when you feel you have something to learn – be it technical skills, management skills or even life skills – you’re ready to seek out a mentor.

3. How to find a mentor
People often agonise over where to find an appropriate mentor, but it’s really not that hard. In fact, if you think about it, you’ve almost certainly been mentored throughout your life by relatives, former teachers and sports coaches.

The best way to find a mentor is to simply contact someone you admire – even if you don’t know them – and ask them if they would be interested in mentoring you. After all, imitation is the sincerest form of flattery.

There are no hard and fast rules about what makes a good mentor. If the individual in question is someone you respect, can teach you what you want to know and help you get where you want to be, they’re almost certainly good enough for your purposes, regardless of their location in the org chart, industry reputation or educational qualifications.

4. The mentor–mentee relationship
Like any other relationship, mentor–mentee relationships go through phases. In the early days, there may be a lot of enthusiasm on both sides, with the mentor flattered that someone is so interested in what they have to say and the mentee eager to learn all they can.

Over time, that initial enthusiasm will fade and interactions might become less frequent. And, if the mentor has done his or her job properly, at some point the mentee will have learnt all they can. At this stage, the parties involved may decide to stay in touch or go their separate ways.

However the relationship unfolds, the mentee should always show the appropriate gratitude and respect towards the person who has chosen to help them out.




The Tax Institute offers a Young Practitioners Mentoring Program for its member. Speak to a membership adviser on 1300 829 338 now for more information, or contact an adviser here.



Monday, 16 July 2018

Calling all Young Tax Professionals in Queensland

To help nurture the future of the tax profession, the Young Tax Professionals (YTP) stream at the upcoming Queensland Tax Forum has been specially designed for those who have less than five years’ experience in tax, and need to build and further develop their technical skills.

This specialised stream includes three technical sessions, and a session from the ATO, as well as the chance to mingle with colleagues and meet leaders from the profession during the breaks and over a drink at the end of the day.

Kicking off with some lunch and the opportunity to catch up with your peers, the stream’s first sessions is ‘Issues and challenges for revenue vs capital’, from Trevor Pascall, CTA (Crowe Horwath).

The revenue/capital distinction is an important part of every practitioner’s knowledge base.

Recent issues in practice, and matters arising in ATO audit activity, keep revenue/capital at the forefront of our minds. Trevor will revisit the core concepts of the revenue/capital distinction, and look at the practical actions and behaviours of clients which will influence whether something gives rise to a revenue gain or a capital gain.

Following Trevor is Leisa Rafter, CTA, (BDO), with ‘GST concepts all tax practitioners should understand’. The GST is a multi-stage transaction tax relevant to all businesses operating in Australia. Accordingly, it is fundamentally important that all tax practitioners have a working knowledge of the law. This session considers in detail core concepts and some key areas of the law.


Leisa said “Attendees will develop a practical and theoretical knowledge of the GST law and how it applies to the property industry, and leave with sufficient knowledge to provide basic GST advice to clients in the property space.”

In particular, Leisa will cover: the categories of supplies under the GST Law, GST treatment of different types of real property, a consideration of the margin scheme, and GST compliance concepts.

Finally, Matthew Burgess, CTA, (View Legal) presents the ‘Trusts intensive’ session.

The income tax treatment of trusts can be complex and is often misunderstood. Matthew’s session will explain some of the confusing aspects of trust taxation and is designed to give YTP attendees some context and background to some of the common issues that they might need to consider in practice.

Key topics covered by Matthew in this session will include an overview of the nature of “trusts”, the way in which beneficiaries are defined, trust-to-trust distributions and perpetuity rules, and implications of failed distributions.

Following Matthew’s session, YTP attendees will re-join the rest of the Forum’s delegates for some afternoon tea, and then hear from the Australian Taxation Office’s Nicole Dykstra about ‘The ATO’s Tax Gap Research program’.

There has never been as much focus on whether taxpayers are paying the right amount of tax as there is today. The ATO’s Tax Gap Research program provides a quantitative basis to ensure that we have an informed discussion on these issues.

Nicole’s session will cover the what, why, and types of tax gaps – definitions and descriptions, challenges and benefits, different approaches for different gaps to deliver reliable, credible and meaningful gaps, quality and assurance – independent expert reviews, and some insights and observations.

The Young Professional’s Stream represents excellent value and an ideal training and development opportunity, at only $175. Find out more about the stream and the rest of the Queensland Tax Forum program on our website, and join us 23-24 August, in Brisbane.

Tuesday, 26 June 2018

How to prepare for your first tax season

Staring down the barrel of your first tax season? Avoid the anxiety from the get-go with these top tips for getting through what’s likely to be the most demanding period of your work year.

Find a time-management system that works for you

Work out what works for you when it comes to time-management technology. That could be an app on your phone or tablet (Evernote is a popular option), your trusty Outlook or Gmail calendar, or even an old-school paper wall planner. Whatever method you choose, make sure you use it religiously as you won’t be in a position to squander your most precious resource.

Maintain a work-life balance

This one seems counterintuitive until you accept that even high-performance engines can’t run at top speed for too long without overheating. Sure, minimise any unnecessary distractions during your busy periods, but make sure you also allow yourself some time to recharge. Schedule a run in the morning or dinner with your partner at night, or just get out of the office and go sit in the park for half an hour at lunchtime.

Learn to say “no”

If someone – a client, colleague or even your supervisor – asks you take on something unimportant or non-urgent, simply say “no”. Or, more diplomatically, palm them off with a statement like, “I’d love to help you out with that, but would you mind if we came back to this down the track? It's a busy time of year and I’m not confident I’d be able to devote the time and attention I’d like to it.”

Make use of the resources at your disposal


The Australian Tax Office has an entire section of its website dedicated to helping new tax professionals get on their feet. Take the time to read about everything from the tax-lodgement program to keeping your clients’ details private and protected.

Get up to speed beforehand

You can think of your first tax season as a very long, real-world exam. And what do you do if you want to do well in exams? You study. In this instance, you want to be up to date on any tax changes well before your inbox starts resembling Mount Everest. One way to keep on top of things is to check out The Tax Institute's Taxation in Australia journal, published 11 times a year. The journal is available to Institute members online or as a hard copy.

Keep these tips in mind when entering tax season and not only will you survive, you'll come out a better and more valuable employee, ready to take on whatever else the industry throws at you.



Education: Our programs and subjects help you achieve your full potential in your career, your workplace, and in the profession. Enrolments close Monday, 16 July.


Monday, 18 June 2018

Four tips to prepare for a career in corporate tax

There's never been a better time to conquer the area of corporate tax. Here are some tips for those interested in doing so.

1. Get the right qualifications

Needless to say, an organisation facing a tax bill in the tens or hundreds of millions of dollars isn’t going to hire any old suburban accountant to take care of their books. The right tax-training course can set you up with the know-how you'll need and ensure you stand out from the graduate crowd. Aside from all the other facets it covers, the Graduate Diploma of Applied Tax Law at The Tax Institute includes a subject that provides students with a comprehensive understanding of how public companies, private companies and corporate groups are taxed in Australia.

2. Line up an internship

Getting your foot in the door is often half the battle when it comes to a career in corporate tax. While the big firms like KPMG and PwC offer well-regarded internship programs, it's also worth looking at the Australian Tax Office and the finance internships offered by many of the nation's largest companies, such as Telstra and Google.


3. Know how to network

What you know is undeniably important in the field of corporate tax law, but so is who you know. It’s wise to establish relationships with people working in the industry well before putting the hard word on them for an internship or graduate position. You can do this by asking individuals if they’d be willing to meet you for coffee, joining LinkedIn groups and attending industry events, of which The Tax Institute has a great list.

4. Do your research

You don’t want to be left speechless when a potential employer starts quizzing you on your thoughts about the pros and cons of a “Google tax” or be caught searching the buffet for that “double Irish Dutch sandwich” you overheard someone talking about. If you’re willing to put in the effort – both before and after being offered a position ­– you can enjoy an interesting and well-salaried career in the field of corporate tax.


Tuesday, 12 June 2018

Soft versus hard skills



If you dream of a career in tax or accounting, you’ll need to be a master at identifying fiscal inconsistencies, understanding government legislation and balancing your clients’ books. But although these technical (or hard) skills are intrinsic to succeeding in your future profession, soft skills, such as your ability to form good relationships with customers and your willingness to work as a team, will make you more attractive to prospective bosses.

Cultivating both your hard and soft skills while you study isn’t as challenging as it might seem. Here are four top ways to supercharge your employment potential by proving you’re a candidate with the total package.

Get a customer-facing part-time job

The idea that accountants and taxation professionals crunch numbers without customer interaction is a thing of the past. These days, working in the accounting industry means communicating with clients, resolving their problems and learning to respond to their social cues. Getting a part-time job in hospitality, retail or customer service while you study can help you understand the art of anticipating and responding to customer needs. Once it’s time to put those soft skills into practice, it’ll be second nature.

Obtain a further qualification

An undergraduate qualification in taxation or accounting is not enough to make you stand out. Whether it’s learning a piece of up-and-coming financial software or brushing up on your knowledge of new legislation by enrolling in The Tax Institute’s Graduate Diploma of Applied Tax Law program, investing in your hard skills can be a shortcut to competitive advantage.

Take up a team sport

From collaborating with IT vendors to working with senior management, taxation professionals must be increasingly equipped to meet individual deadlines while working as part of a larger team. Taking up an after-hours sport such as soccer, football or tennis can help you learn how to work with colleagues, anticipate co-workers’ strengths and weaknesses and thrive in a team environment – an all-important soft skill that’s bound to put you ahead of the pack.

Study a second language

A career in accounting can set the stage for international opportunities, but a working knowledge of audit procedures isn’t enough. Signing up for an after-hours class to learn a second language can seriously boost your set of hard skills while broadening your professional horizons.

Although hard skills are critical if you want to establish a career in taxation or accounting, teamwork, communication and customer service play an indispensable role as well. What moves have you recently taken to boost your hard and soft skills?

Find out more about our education program and professional development subjects.

Tuesday, 29 May 2018

Career options for tax professionals

The assumption often made about students pursuing a degree in tax is that they’re on the fast track to a certain career in accountancy. Considering, however, that there’s only a finite number of graduate positions available in accountancy firms each year, it’s clear that not every tax graduate will follow suit. So what are some other career options?

Tax-based education grants you a unique skill set: the ability to be a team player, the ability to not be a team player, communication skills and commercial awareness. The junction of these skills means you’re equally well versed in a numerical, analytical or communication-heavy role. In reality, after completing your postgraduate tax training, you are spoilt with a unique spread of career options. Here are five paths you may consider conquering.

Accountancy

There is no denying that the most well-trodden career avenue for recent tax graduates is a role in an accountancy firm. The most attractive roles being those in the ‘Big Four’ firms: Deloitte, PwC, KPMG and Ernst & Young. Large and mid-tier accountancy firms offer roles that cover a large range of tax areas and an opportunity to specialise from an early point in your career. Your tax specialty could lie in financial services, corporate tax, employment tax or tax for private clients, so it’s within reason that this is by and large one of the most alluring prospects for a tax graduate.

Law

Law and tax are often considered to be complementary degrees; many tax lawyers pursue tax qualifications, and tax accountants a law degree. Obviously, this career path is only available to experienced tax professionals, however an additional education resource for the law-inclined is the CTA2A Advanced subject. This postgraduate qualification can be undertaken while working full-time, and works to explain the rationale behind tax laws.

Government financial advising

With a qualification in tax, it’s safe to say that you’re proficient in numbers. Government financial advising merges your analytical and communicative skills to ensure you can best mentor people through financial decisions. For success in this field, work experience as a registered tax agent or tax financial advisory are looked upon favourably.

Teaching

Moving between industries doesn’t mean you have to sacrifice your hard-earned skills, clocked hours and valuable industry connections. In fact, you could strengthen your industry ties and reputation by returning to academia. For experienced tax accountants, there are often opportunities for positions from educational bodies, as well as in corporate training companies or specially designed educational roles in large-tier companies.

Entrepreneurial

For the tax graduates who dream of running their own business, the opportunities are endless. Beyond running your own firm, there is also an opportunity to marry two unique specialties into one business venture: environmental accounting, international accounting and entertainment accounting are all niche self-employment routes that offer you a market difference.

Taxation knowledge can be your golden ticket to any number of roles that cross traditional industry barriers. Browse our range of programs and subjects to get qualified for a career in tax.

Tuesday, 15 May 2018

Which area of tax is right for you?

A career in tax can be dynamic, versatile and open up rewarding opportunities both locally and abroad. A multifaceted profession, there are many areas in the industry you can choose to specialise in when you've finished your further tax education.

But how do you know which is the perfect fit for your natural abilities? Here are four areas you can focus your tax training in, the skills and experience you’ll need to get there and the type of personalities primed to excel in them.

1. SMEs

With the growing number of small-medium businesses in Australia, a business tax specialist will always be in high demand.

As a business tax specialist, you’ll need to be abreast of capital gains implications, the latest GST changes and depreciation schedules, as well as the special exemptions and deductions relevant to each business structure and industry.

Many tax specialists find this work rewarding, as it helps local businesses grow and remain sustainable. Keeping up with the constant federal regulatory changes impacting SMEs also means working in an area that is dynamic and always evolving.

2. SMSFs

An increasing number of people are choosing a self-managed superannuation fund (SMSF) to provide their retirement benefits because it offers more control over investments. Consequently, this has opened up a complex new arena for tax agents to specialise in, providing superannuation advice.

SMSFs are a legal tax structure regulated by the ATO and with strict reporting and compliance obligations. So as a superannuation specialist, you’ll need to stay abreast of any new developments in order to provide your clients with timely advice on the right structure and planning.

With severe penalties for non-compliance, an SMSF tax specialist has considerable responsibility and therefore needs to have good attention to detail and outstanding communication skills, along with a comprehensive understanding of superannuation law and practice.

3. Property investment


A property tax specialist provides advice for investors about asset protection while minimising tax liabilities. You will need to consider issues such as various tax structures, capital gains implications, deciding between holding and selling, renting, cash flow issues, renovations, transferring property and international tax implications as well as tax minimisation.


Property tax can be a highly complex area and laws and regulations can vary widely from state to state. One of the rewarding challenges of providing specialist property tax advice is helping clients find viable and sustainable solutions to maximise their opportunities and return on their investment. Specialists in this area will enjoy liaising with people who are interested in asset and wealth creation, including high-net-worth individuals and wealth-creation institutions.

4. Corporate advice

The corporate tax path may be well trodden, but for good reason – there are many rewarding specialisations in the larger corporate arena, including audit, compliance, consultancy and advisory work, which can open up exciting opportunities for specialists working in this sector.

If you’re one to thrive when given the opportunity to share ideas and collaborate with your colleagues, large-scale corporate advisory work will often have you working cohesively in a team environment, often across multinational channels.

You’ll need an understanding of international corporate tax implications, as well as great time management and effective communication skills, as you’ll be communicating across different time zones with your firm’s offices around the globe. But be warned: late nights and early mornings may be required!

Stand out from the crowd

Tax is a dynamic profession and in order to provide great specialist advice, practitioners must remain up to date with the changing landscape. As a member of The Tax Institute you will be equipped to provide the timeliest practical and sound advice in the area of specialisation of your choice.

Led by tax experts to benefit tax experts, The Tax Institute is the only body in Australia devoted exclusively to tax, and when you join its 13,000-strong community of the most knowledgeable practitioners, you’ll gain access to powerful resources, progressive education and influential networks.


http://taxinstitute.com.au/education/graduate-diploma-of-applied-tax-lawTake the next step in your tax career with the Graduate Diploma of Applied Tax Law 

Find out more

Monday, 14 May 2018

Building rapport with your colleagues

Having the ability to get along with your colleagues – and create long-lasting professional relationships with them – is essential for any tax professional.

Whether you are new to the numbers game or a seasoned accountant, fostering positive relationships with co-workers creates a richer work environment and can help your future within the industry. While it's par for the course that some personalities may clash, garnering the skills to cope in such situations is key for any career-driven individual. Here are four great ways to build rapport with your colleagues and show your team your good side.



1. Communicate effectively

Things can go awry when there is miscommunication, especially when office stress and multiple deadlines are added to the mix. Learning to be clear when communicating with colleagues about collaborative projects, your workload or the expectations of your role will help you avoid any unnecessary conflict. If you are ever in doubt about a task or project, following up with questions is the best way to side-step confusion. Professional relationships thrive on open and honest communication.

2. Be positive

No one likes a Negative Nancy. So even if you think you are innocently venting about problems, if you do so too often people will peg you as a pessimist.

Having a positive, can-do attitude puts other people at ease and also shows that you are capable and interested in your work. Next time you feel the urge to complain about something work related, take a step back and look on the bright side. Positivity is infectious, so your vibe will rub off on your colleagues, leading to a more positive work environment for everyone.

3. Learn to listen

Often when we have conversations with colleagues, our minds are focused on the long list of other things we need to get done, meaning you miss important information. Making a conscious effort to focus on what the other person is saying is called active listening.

To be successful with active listening:
  • Pay attention to what the other person is saying.
  • Show them you are engaged in the conversation with signals like nodding and eye contact.
  • Provide feedback on what they have said by paraphrasing.
  • Try not to interrupt them while they are speaking.

Practising this type of listening can really help you understand your co-worker's needs and build trust with them.

4. Be reliable

To make your colleagues trust and admire your work, make sure you are a reliable employee. Get to the office on time, produce high-quality work and be there for your team when they need you. Later down the track when your superiors are determining who best to promote or entrust with the next big project, your hard work will pay off.

These four tips are great ways to improve rapport with your co-workers, but they work best when combined. Create a positive work attitude built on effective skills and you will be the go-to worker in the office.

______________

Read more about the communication skills you need to succeed in tax by downloading our free ebook.

Wednesday, 2 May 2018

Five resume red flags to avoid

According to a recruitment study, your resume has mere seconds in front of a senior associate, hiring manager or recruiter before they make a decision about your application.

HR staff are trained to look for disqualifying factors. With just seconds to impress, here are five glaring red flags that vex recruiters and see them weed out candidates at a glance.

Messy formatting

Little to no white space on the page, decorative or small type and the complete absence of page margins signal to HR that you may not be their ideal candidate. Beyond your apparent lack of organisation and overgenerous data selection, this may suggest that you don’t have a clear vision or, worse, that you’re imprudent.

Your resume needs to be reader-friendly, but it also needs to be deliberate. This isn’t the time to get experimental with font types or test your Microsoft Office artistry – and your resume certainly shouldn’t act as your memoir. Professionally prepared resumes are considered and highlight only the most esteemed aspects in a career history.

Steer clear of graphics, too many colours and too much information to create a resume that will speak clearly to your prospective employer.

Gaps in your employment history

While HR may anticipate that most resumes will show at least one substantial gap (i.e. over six months) in their employment history, unexplained periods of career inactivity are cause for concern. This is one of the times where things should not be left unsaid. It’s perfectly acceptable to include a short sentence that will explain any gaps of multiple years, such as “Left position to further my education by undertaking a course” or “Left position to travel for a set amount of time”.

In the same vein, too many short-term jobs to a scrutinising eye can suggest you lack the commitment or stamina to persevere in a position. In this instance, it’s worth explaining that your career movements instead reflect a desire for continued professional development.

Using time-worn phrases

It seems tired and clichéd that this particular red flag will always make the ‘do not’ list, however it’s still something job recruiters find in resumes. Such terms include “hard worker”, “forward-thinking”, “dedicated”, “detail orientated” and “driven”.

Hiding behind time-worn phrases can appear evasive and will encourage HR to question your talents, work ethic and your own viewpoint on what you can offer the company. Get creative with your resume and use language to frame your strengths.

Lacking results

One step towards making your resume easier to read for time-poor hiring managers is to convert your data from qualitative to quantitative. Numbers, metrics and percentages can often be more impactful than words. Without such data, your resume can appear haphazard or altogether too vague. Would you hire a candidate without seeing hard facts on their successes?

Unprofessional details

A resume is a package deal. While the content is critical, so too are the finer details such as the file name, your email address or your Skype handle. With hundreds of applications for any one job, make sure you include your name on the file to ensure you don’t get lost in the masses. Emails are free, so don’t let your sentimental attachment to an older email address hold you back in your career. Lead with your best professional foot forward.

For a fruitful career in tax, mastering the art of writing a professional resume is the first step to success.

Wednesday, 11 April 2018

A mentor can be a helping hand up the career ladder



Nineteenth-century American writer Ralph Waldo Emerson once declared: “What I need is someone who will make me do what I can.”

As it turns out, it’s not only poets who need a helpful push to reach their potential.

Friday, 6 April 2018

A forum for emerging leaders in tax


On Friday 25 May, the technical program of The Tax Institute’s 11th annual NSW Tax Forum will feature a new, dedicated ‘Emerging leaders’ stream.

It’s a four-hour program designed to help nurture the future of the tax profession.

Practitioners will benefit from attending if they:

  • have less than 5 years’ experience in tax
  • need to build their tax-related technical skills
  • have not attended the NSW Tax Forum previously
  • would like to interact with like-minded professionals.

The stream encompasses four sessions that cover issues relevant to emerging tax advisers.

Wednesday, 21 March 2018

10 reasons to consider an intensive course with The Tax Institute


Education providers sometimes offer intensive, compressed versions of their courses. It’s an alternative that’s becoming increasingly popular with students, who report higher satisfaction levels because of the time they save with this study mode.

Moreover, researchers over the past 20 years have concluded that intensive courses do no disservice to students’ educational outcomes and, in fact, offer many advantages.

The Tax Institute’s fast-tracked ‘CTA1 Foundation intensive’ subject provides students with tax fundamentals in just 6 weeks, as opposed to the usual 14. Students can accelerate their professional growth and can update their knowledge of Australian tax basics in record time.

Here are our top 10 reasons to enrol in The Tax Institute’s CTA1 Foundation intensive.

Friday, 16 March 2018

The X factor – 4 ways to stand out in your firm



So, you’ve blitzed the competition and have landed a role at the professional organisation of your dreams. Congratulations!

But don’t get too comfortable.

Winning over a hiring manager is just the first phase when it comes to proving your worth. Taking the initiative and making regular contributions will help you stand out as your firm’s newest shining star.

Here are four tried-and-tested strategies for stepping up from the first rung on your career ladder.

Friday, 9 March 2018

The rise of a tax star – Elissa Romanin


Elissa Romanin didn’t originally choose a career in tax. Instead, she says, “tax found me.”

Imagining her future in a commercial role, Elissa completed a law degree, “because it was a good thing to have,” she says.

Tuesday, 27 February 2018

Graduate attributes that boost your employability


Do you have a graduate (or even postgraduate) tax qualification? Are you looking to land a prestige tax, accounting or legal position?

To separate yourself from the pack of other candidates in the eyes of prospective employers, it pays to demonstrate the following four attributes.

Monday, 12 February 2018

How to make the most of your Mondays


Nothing sends your productivity into overdrive like getting a flying start to the week. You might think of each Monday as the ‘weekend hangover’, but it’s better to use the day as an opportunity to establish your priorities and beat your deadlines.

Whether you’re facing five days filled with client meetings or completing the last phase of a project that requires your analytical skills to be razor-sharp, here are four top tips for making the most of your Mondays.

Tuesday, 6 February 2018

Build your resume while you study


A ‘Catch 22’ situation exists for many younger graduates – employers often require that you already have relevant work experience before they’ll consider hiring you, but you need to secure that first job to gain experience.

Achieving a high-distinction average in your undergraduate studies or mastering your taxation law units is likely not enough to help you land the job of your dreams. While recruiters and hiring managers seek candidates who show academic rigour, many also require that you demonstrate passion, focus, drive and initiative in a practical environment.

There’s no reason to despair, however, if you’re still studying for your degree. There are countless ways to begin proving to your potential employer that your contribution to their business will go well beyond balancing the books.

Here are four strategies for building your résumé while you study – because it's never too early to begin your career in a ‘real world’ sense.

Monday, 29 January 2018

Which area of tax should you specialise in?


A career in tax can open up rewarding opportunities. It’s a multifaceted profession, with areas you can choose to specialise in once you've completed your postgraduate tax education.

But how do you know which discipline is the right fit for your mindset and abilities?

Here are four areas you might consider focusing on in your tax training, along with the skills and experience you’ll need to succeed and the types of personalities that tend to excel in them.

Friday, 12 January 2018

How to build rapport with your professional colleagues


The ability to get along with your co-workers – and create long-lasting professional relationships with them – is an essential skill for all tax practitioners.

Whether you’re a recent graduate or a seasoned professional, developing positive relationships with colleagues creates a richer work environment and can help your future.

Here are four key skills that expert rapport-builders focus on to enhance their relationships with colleagues.

Thursday, 4 January 2018

Why tax is a great career choice in 2018


What do you want from your career? A new challenge every day? The opportunity to make a difference? Intellectual stimulation? Financial security?

It’s worth giving the question some genuine thought, especially if you have an eye on working in a competitive field such as accounting, the law or tax.

There are many reasons that tax is increasingly appealing to contemporary graduates. Here we outline several benefits of entering the numbers game.