Taxation Accountants analyse, report, and provide advice on taxation issues to organisations or individuals, prepares taxation returns and reports, and handles disputes with taxation authorities.

Skill Level

1

Alternative Titles

• Taxation Agent
• Taxation Consultant

Unless you are exempt in very limited circumstances, you are required to have a positive Skills Assessment to apply for the visas listed above.

Skills Assessment authority for Taxation Accountant is Chartered Accountants Australia and New Zealand (CAANZ), CPA Australia (CPA) and Institute of Public Accountants’ (IPA).

To have a positive skills assessment conducted by Chartered Accountants Australia and New Zealand (CAANZ), Australian immigration applicants must meet the following criteria:

• Qualification Requirement
  • Qualification comparable to an Australian Bachelor’s Degree or higher
• Competency Requirement
  • Must meet all mandatory competency areas relevant to Taxation Accountant:
    • Accounting Systems and Processes
    • Financial Accounting and Reporting including Financial Accounting and Accounting Theory
    • Management Accounting
    • Finance
    • Business Law including Commercial Law and Corporations Law
    • Taxation Law
    • Economics
    • Quantitative Methods
  • English Language Requirement

• Skilled Employment Requirement
  • Must be post-qualification employment experience
  • Tasks performed are closely related to the nominated ANZSCO code
  • Undertaken in the last 10 years
  • Paid and continuous for a minimum of 20 hours per week
  • Minimum of 1 year accumulated employment

To have a positive skills assessment conducted by Chartered Accountants Australia and New Zealand (CAANZ), New Zealand immigration applicants must meet the following criteria:

• Qualification Requirement
  • Qualification assessed at New Zealand Qualifications Framework (NZQF) Level 7 or higher or a comparable qualification
• Competency Requirement
  • Must meet all mandatory competency areas relevant to Taxation Accountant:
    • Accounting Systems and Processes
    • Financial Accounting and Reporting including Financial Accounting and Accounting Theory
    • Management Accounting
    • Finance and Finance Management
    • Business Law including Commercial Law and Corporations Law
    • Economics
    • Quantitative Methods

Important

CAANZ does not assess skilled employed for New Zealand visas.

Provide services relating to financial reporting, taxation, auditing, insolvency, accounting information systems, budgeting, cost management, planning and decision-making by organisations and individuals; and provide advice on associated compliance and performance requirements to ensure statutory and strategic governance.

Tasks

• Assisting in formulating budgetary and accounting policies
• Preparing financial statements for presentation to boards of directors, management, shareholders, and governing and statutory bodies
• Conducting financial investigations, preparing reports, undertaking audits and advising on matters such as the purchase and sale of businesses, mergers, capital financing, suspected fraud, insolvency and taxation
• Examining operating costs and organisations’ income and expenditure
• Providing assurance about the accuracy of information contained in financial reports and their compliance with statutory requirements
• Providing financial and taxation advice on business structures, plans and operations
• Preparing taxation returns for individuals and organisations
• Liaising with financial institutions and brokers to establish funds management arrangements
• Introducing and maintaining accounting systems, and advising on the selection and application of computer-based accounting systems
• Maintaining internal control systems
• May appraise cash flow and financial risk of capital investment projects

Skill Level

Most occupations in this unit group have a level of skill commensurate with a bachelor degree or higher qualification. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification (ANZSCO Skill Level 1).

Registration or licensing may be required.

Occupations in this Group

• 221111 Accountant (General)
• 221112 Management Accountant
• 221113 Taxation Accountant