Career path to become a TAX Agent
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Haroon was fantastic in is assistance. I'm grateful for his help and hop to continue using his service.
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Excellent service and loads of knowledge, very fortunate to have Haroon looking after my business financials. Highly recommended.
Career path to become a Registered TAX Agent
We are licensed Tax Agents provide supervision and training required to obtain your own Tax Agent License. We help Accounting graduates, Bookkeepers and Accountants to be able to set yourself their own personalised business name and start your own practice immediately. Our program is also built for existing accounting & bookkeeping practices to provide taxation services to their clients and add another stream of income to their practices. All evidences shows that market prefers bookkeepers and Tax Agents to be the same person or firm.
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Why The Taxation?
We are Licensed Tax Agents willing to provide you with the supervision and training you require to obtain your own Tax Agent Licence or BAS Agent License. If you are a qualified accountant or a bookkeeper but not yet a TAX Agent or BAS Agent, we offer you the opportunity and provides training and course to become a Registered Australian BAS/TAX Agent. Other (and not all) benefits you receive when joining include:
- We setup a business name chosen by you with which you trade with your clients
- We provide Licensed Agent supevision which will in the end lead to you acquiring the necessary relevant experience to assist you to get your own BAS/TAX Agent Licence.
- You will have full access to our dedicated Head Office team.
- Business development support including marketing your own brand.
- Tax software access and training
- Computer equipment and IT support
Read More
Haroon was fantastic in is assistance. I'm grateful for his help and hop to continue using his service.
Read More
Excellent service and loads of knowledge, very fortunate to have Haroon looking after my business financials. Highly recommended.
Our Approach
- We set you up with your own practice name registered under one of our Tax agencies so that you can offer taxation services immediately under our supervision to your clients.
- We help you market your business through our own website and social media.
- We assist you in obtaining a Tax Agent Licence or BAS Agent License by providing the suprvision that the TPB require to allow you to practice.
- After joining us you get the opportunity to study and be suprvised whilst completing your CertificateIV in Bookkeeping, BAS Agent Skill Set or Tax Agent Skill Set and apply for your own license once completed.
- We ensure that you have access to our experience in diverse technical tax knowledge and efficient practice management methods
Outcome after Joining us
BAS Agent Registeration – Usually after one year (with the right application by you) we will assist you to obtain your own BAS Agent License.
TAX Agent Registeration- Usually after two years (with the right application by you) we will assist you to obtain your own Tax Agent License.
But equally important, with our support and assistance you should by the end of Program have the client base necessary to run a profitable tax practice.
Career path to become a Tax Agent
Qualification and Experience for Tax Agents
To become a registered tax agent, individual applicants must satisfy certain qualifications and experience requirements, which are set out in the Tax Agent Services Regulations 2009 (TASR).
Summary of qualifications and experience requirements
You may apply to register as a tax agent through one of six options outlined in the TASR (items 201 to 206) depending on your qualifications and experience. The following table summarises the requirements under these items, covering:
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Primary qualification
Items 201 to 204 require a primary academic qualification in accountancy, law or a relevant discipline other than accountancy.
As a general guide, if you have a qualification:
- in accountancy, you may find items 201 or 203 most suitable
- in a discipline other than accountancy, you may find item 202 most suitable
- in law, you may find item 204 most suitable.
If you do not have one of the above academic qualifications but have at least eight years of relevant experience in the past 10 years, you may find items 205 or 206 most suitable.
Board approved courses
To meet part of the education requirements for a tax agent registration under certain items, you must have completed Board approved courses in:
- basic accountancy principles (one Board approved unit)
- Australian taxation law (two Board approved units, one of which can be at an introductory level)
- commercial law (three Board approved core units).
Your Australian taxation law course should include a component in the Tax Agent Services Act 2009 (TASA), including the Code of Professional Conduct (Code). Otherwise, you must have completed a separate unit covering this component. You can check if courses and units have been approved by the Board using Qualifications check.
Relevant experience for tax agents
You must have enough relevant experience in providing tax agent services to register or renew your registration as an individual tax agent.
What is considered relevant experience
- Relevant experience can include work:
as a registered tax agent - under the supervision and control of a registered tax agent
- as a legal practitioner
- of another kind.
For your experience to count as relevant experience it must include substantial involvement in one or more types of tax agent services, or substantial involvement in an area of taxation law to which one or more of those types of tax agent services relate.
Tax agent services include services related to ascertaining or advising about the liabilities, obligations or entitlements of an entity under a taxation law or representing an entity in their dealings with the Commissioner relating to a taxation law. In addition, the service must be provided in circumstances where an entity can reasonably be expected to rely on the service for taxation purposes.
Work of another kind
We may accept work other than:
- as a registered tax agent
- under the supervision and control of a registered tax agent
- as a legal practitioner
provided you demonstrate that your experience includes substantial involvement in:
- one or more types of tax agent services
- a particular area of taxation law.
Experience that may be considered under the ‘work of another kind’ category includes work undertaken as an academic teacher in taxation law, and work as a tax manager in a large corporation. It is unlikely that experience in general accounting only or services such as auditing and insolvency, will constitute relevant experience for the purposes of registration as a tax agent. We will assess if an individual has met the relevant experience requirement on a case-by-case basis.
