Tax Accountant Program

Upon completion of the Tax Accountant Job Ready Program, trainees will have the appropriate and up-to-date skills and knowledge to apply for relevant job positions such as:

• Bookkeeper
• Accounting clerk
• Accounts officer
• Accounts payable officer
• Accounts receivables officer
• Payroll officer
• Accounts assistant
• Accounts administration officer
• Tax accountant
• Assistant Accountant
• Senior Accountant
• Tax consultant
• Tax officer
• Business services accountant

This program includes training in the following areas:

• Preparation of individual and sole trader tax return
• Calculation of salary and wages
• Calculation of interest and dividends
• Distribution from partnership and trust
• Depreciation and low value pool
• Work-related deductions (D1 – D5)
• Other deductions (D5 – D15)
• Private health insurance
• Capital gains tax in foreign shares
• Rental property in Australia
• Foreign rent

• Preparation of company, trust and partnership tax return
• Extracting and completing profit & loss
• Extracting and completing balance sheet
• Creating financial reports via journal entry
• Distribution of trust and partnership profits
• Treatment of losses for companies, trusts and partnership
• Completing BAS return in HandiTax and Reckon Elite Tax
• Preparation of fringe benefit tax (eg. expense, property, car, meal)
• Preparation of payroll tax

• Setting up a company
• Processing purchases and sales invoices
• Processing accounts payable and accounts receivable
• Recording of a deposit on purchases
• Recording credit notes and overpayments
• Process payroll – PAYG withholding and PAYG instalments
• Recording employer contributions and deductions in payroll
• Inventory adjustments for month-end via general journal
• Bank reconciliation
• Extracting and preparing reports – profit & loss and balance sheet
• BAS / annual GST return lodgement

Trainees may choose one level of their choice from Beginners, Intermediate or Advanced level.