4 reasons why upskilling is the best thing for your tax career right now

When a New Year begins, many of us are full of hope and aspirations. You made professional goals to set your career up for the future and lay the groundwork to become a leader or specialist in your field.

With the year almost over, you may feel that it’s too late to achieve your goals.

It’s definitely not too late. But how will you get back on track?

Here are 4 reasons why upskilling with Australia’s leading tax educator is the best thing you can do for your tax career right now:

1. Future-proofing

With the rise of digitisation, automation, as well as constant legislative and regulatory changes on the horizon for the tax profession, upskilling will set you up for the future.

More specifically, our education programs have been developed to provide you with a specific professional outcome. The Chartered Tax Adviser (CTA) designation can attract high-profile clients who want to invest in the industry’s best.

It also cultivates leadership abilities and sharp analytical skills – paving the way for greater remuneration, professional stability and the chance to step ahead in your career.

Designed by industry-leading taxation experts, The Tax Institute’s program is intellectually rigorous yet practical and flexible. It represents the ultimate step towards your dream career in tax. When you decide to embrace it, you’ll never look back.

2. Global opportunities

You may be interested in pursuing career opportunities abroad.

Country-specific laws and regulations sometimes make it difficult for tax professionals to launch global careers. However, a CTA designation is effectively a passport to international success.

Chartered Tax Adviser Program students learn how to manage international tax risks and comply with cross-border reporting duties – powerful knowledge that will put you head and shoulders above the rest. Tax practitioners who attain CTA status are sought after in job markets across the UK, Europe and Ireland. This means greater access to hard-to-find international roles that can fast-track your career growth.

3. Competitive advantage

If you’re a tax professional in Australia, the CTA designation is an advertisement to employers and clients of your high standing and your commitment to maintaining currency in your profession. In a tight job market, it serves as a powerful asset.

The constantly evolving state of tax law and administration means that Australian tax practitioners need to keep their skills and knowledge up to date with the changing landscape. Employers and taxpayers want the confidence of knowing that their tax professional has the right qualifications to manage their affairs. Those carrying this designation have proved themselves to be of the highest calibre and equipped to provide the best tax advice.

Whether your aspirations are to work for a multinational firm or a not-for-profit, a CTA designation will supercharge your employability and set you apart from other candidates.

Chrystal Kimber, Advisor at Bowden Liberatore, says “I recommend it to those who want to be taken seriously as a tax adviser … This is a qualification that they need to obtain.”

4. Mark of expertise

Being a CTA enables accountants or lawyers to specialise as tax professionals – much as a doctor might choose to become a dermatologist or surgeon. When clients consult with a CTA, they know they are dealing with a specialist.

Chrystal says, “If graduates are interested in a career in tax then the CTA designation is a genuine option for them to be able to fulfil that.” 

So there you have it. Upskilling is the best thing you can do for your career right now. And it’s certainly not too late to springboard to your success in time for the New Year.

Further reading: Check out 83 year old Joseph Malouf's story who has graduated from our Graduate Diploma of Applied Tax Law.


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