How to become a Tax Agent: Courses, Qualifications, and Code of Conduct

Hence, you can call them more than just tax agents, as because of their assistance, you come across the final judgments on various financial parameters. Like how to deal with income tax return issues and the latest ATO (Australian Taxation Office) updates. A taxpayer is unaware of all these things, and an expert can easily handle these. 

But to be recognised as a professional tax agent in Melbourne, one must meet the requirements as inscribed by Tax Agent Services Regulations or Tax Practitioners Board (TPB) as it also allows you to work outside Australia's boundaries. If you have an analytical mind and a high numeracy level, this field is perfect for you.  

What is the Code of Professional Conduct?

If you want people to address you as a specialized, trusted, and skilled tax agent, you must meet the "Code of Professional Conduct.” But what is it? It’s a legislated code for registered tax agents in Melbourne, BAS agents, and business activity statements that set out some ethical and professional standards. In short, it reminds agents of their duty for clients.

Hence a tax agent must follow the five core principles -

• Competence
• Honesty and integrity
• Independence
• Confidentiality
• Other responsibilities

All these principles must be followed for client reassurance and adhering to all regulations that stand a tax agent reliable and professional.

Qualifications and experience for tax agents

If you want to become a professional tax accountant, you must have excellent efficiency, administration, practical, and legal training. To become a successful tax accountant, an aspirant must have the specification in the following fields:

1. Accounting
2. Economics or Finance
3. Business or Business Administration

The training is undoubtedly going to be rigorous, but hard work always provides you fruitful results. Moreover, you can also consult the Tax Practitioner Board (TPB) for further queries.

Board-approved courses

Being a tax agent is like you're establishing your footprint in industries’ leading and the most reputable field. Why not? After all, to become a professional tax agent, you have to go through lots of exams and courses, such as-

1. Basic accountancy principles
2. Australian tax law (two units)
3. Commercial law (three units)

But our assistance will help you clear all these courses so you could highlight yourself better in this evergreen-sector.

Courses offered by us

You must enroll in our Tax Agent Melbourne Program as we provide a professional level of accounting training in our series of courses.

1. CTA1 Foundation – understand all basic tax principles, practical skills while exploring real-life tax situations and the Code of Professional Conduct.
2. CTA2A Advanced - explore all complex tax issues and ramp up your logical, analytical thinking ability.
3. CTA2B Advanced – understand in depth about the following areas- Tax Planning & Anti-avoidance, GST, the fundamentals of International Tax and Corporate Tax, etc.

If you also want to skyrocket your career by becoming a successful Tax Agent, then our program is undoubtedly waiting for you. For further details, you can contact us.