How to Become a Tax Agent
If you want to become a tax agent, you should be able to meet the educational qualifications and the work experience. Even if you don’t have related educational background, you should have at least 8 years of experience in related field.
Examine the article closely to determine if you’re fit to become a tax agent.
How to Become a Tax Agent - Qualifications
If you want to become a tax agent, you should be fit enough to qualify. Your job is primarily to prepare your clients’ income tax returns so you will be working with business establishments and individuals. Being the ‘proper’ person to prepare such very important documents is vital to your success. You should possess the qualifications to become a tax agent and you also need considerable experience in the field. Aside from that, you should be 18 years old or older and a person of good character, integrity, and good frame. You should not be convicted of a taxation offense in the past five years and is not under sentence imprisonment.
Academic qualifications should be considered as well as relevant work experience. You need to be a graduate of accountancy and a law degree. At this point, you will already be eligible as a legal practitioner. Present your certificate of diploma and your certificate of employment. You should be working as a full time accountant or as admitted lawyer for a year. College graduates are required to have at least 2 years experience in related fields. Those that don’t possess academic qualifications but still wants to become a tax agent should have around 8 years of related job experience and should be working full time.
How to Become a Tax Agent – Related Experience
It is expected that you already know how to prepare income tax returns, assessment objections, and give proper advice related to tax returns. All details of your employment should be indicated and supporting documents should be submitted like the certification of relevant employment. Aside from that, you also have to provide character references so that they can attest to your integrity and character. When it comes to taxation offense, you should not have committed in the past violations to the Crimes Act 1914 and that of the Part III (Tax Administration Act 1953) which is punishable by imprisonment and a fine of more or less $2,000.
You can earn $35,000 to $85,000 annually depending on your experience as a tax agent. As you can see, if you want to become a tax agent, you should start out early. Once you graduate from high school, you should now pursue your college degree and take up accountancy. After that, you also need to finish law courses so that you can have adequate educational qualifications. Working in related offices can also put you at an advantage. Check the requirements above and you can determine if you’re suited to this profession.
5 Comments
- i have clear b.com from m.s uni baroda.can i become tax agent.can i get training for it.plz tell me the total process of it.
- i want to become a tax agent, can i get training for it.please tell me the total process of it.
- Hi There, I have got an advanced diploma of accounting 2002 completed and one year work experience in a tax agent firm, that enough for me to become a tax agent and work of myself?
- i am CA PCC and MBA (Finance) cleared. can i become a tax agent in Bareilly. please let me procedure for it.
- hi. i msc holder, at kalpakkam. now to join the job salem, rental house address is rasipuram. i am interested lic agent to attend the training chengalpet. but my addres ,voter id ration card & other all kalpakkam addres.but working salem . now what i do.give details
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