A career as a tax agent in Australia involves providing advice, assistance and tax preparation to individuals and businesses on a wide range of tax related matters. This can include financial reporting, preparing and lodging tax returns, providing advice on tax planning and compliance, and communicating this information with the Australian Taxation Office (ATO).
A tax agents role can be quite challenging as tax laws and regulations are constantly changing, tax law can be complex and require ongoing professional development to keep up to date. Being a tax agent can also be very rewarding as it offers a wide range of career opportunities across different industries such as farming, information technology and many more. Tax agents play an important role in helping their clients to navigate the tax system and minimise their tax liabilities.
Being a tax agent in Australia can provide many benefits, including:
- Rewarding Career: Work is available in all industries
- Excellent Working conditions and Pay: With the rise of work from home, many tax agents have successfully transitioned to the WFH workplace. According to the Australian Government's Job Outlook website, the median weekly salary for tax agents in Australia is around $1,500 per week. However, some tax agents, particularly those who are self-employed or run their own business, may earn significantly more
- Access to professional development opportunities: Tax agents are required to meet certain continuing professional development (CPD) requirements, which can help them stay up-to-date with the latest tax laws and regulations.
- Increased credibility: Being a registered tax agent can lend credibility to your business and demonstrate to clients that you have the necessary knowledge and expertise to help them with their tax affairs.
- Access to tax agent services: Tax agents have access to special services through the Australian Taxation Office (ATO), such as the ability to lodge returns electronically and have access to client information through the Tax Agent Portal.
- Ability to represent clients: Tax agents are authorised to act on behalf of their clients in dealing with the ATO, which can save clients time and hassle.
- Business Opportunities: Tax agents can start their own business and provide services to clients. As tax agent expands their knowledge and experience they can demand more for their services and knowledge.
Tax agents in Australia must be registered with the Tax Practitioners Board (TPB) and must meet certain education and professional development requirements. The best pathway to become a registered tax agent in Australia is through taking our Tax Agent Pathway program that is TPB-approved and comes with a Tax & Super Australia student membership.
The length of taxation accountant courses can vary. Some programs may be completed in as little as a few months, while others may take a year or more. It also depends on the level of the course, like diploma or degree.
At Applied Education, our courses are structured for people who want flexible learning. They are delivered online, are instant-access, and can be finished up to 12 months with the perk of studying at pace that suits your lifestyle.
Become a certified tax agent & expand your career pathway with the Tax Agent Pathway course. For those requiring board approved courses for Tax Agent and BAS Agent registration and renewal, you can take the Tax Agent Services Act 2009 (TASA), including the Code of Professional Conduct (Code).