{"id":22566,"date":"2023-12-05T10:55:44","date_gmt":"2023-12-04T23:55:44","guid":{"rendered":"https:\/\/explorecareers.com.au\/?p=22566"},"modified":"2024-05-29T14:41:48","modified_gmt":"2024-05-29T04:41:48","slug":"time-to-set-the-record-straight-5-misconceptions-about-working-in-tax","status":"publish","type":"post","link":"https:\/\/explorecareers.com.au\/time-to-set-the-record-straight-5-misconceptions-about-working-in-tax\/","title":{"rendered":"5 Pesky Tax Career Myths Dispelled For Good!"},"content":{"rendered":"
We know that collectively, we all seem to have an aversion to tax!<\/p>\n
Whether it\u2019s filing our returns or learning about what it is and why it matters – something about those three little letters turns most people off.<\/p>\n
Which is a bit of a shame! Our friends at EY<\/a> tell us there\u2019s a thriving world of career success in the innovative world of tax. To help convince us all, the EY team break down some of the common misconceptions about working in their industry.<\/p>\n Absolutely not, says David Mackender, Global Compliance and Reporting. The role is much more varied – and he\u2019s yet to do a single tax return:<\/p>\n \u201cI have had a multi-year career in tax and have never done a single client’s tax return. Clients today expect so much more from their data beyond just sending a form to the Australian Tax Office (ATO). They want data and trend analysis, systems improvement, project planning support and technology enablement. All from someone who understands tax so we can speak their language and get the most out of their data.\u201d<\/em><\/p>\n Like David, Laura Palmer, International Tax and Transaction Services has yet to complete a single tax return in her twelve-year career! She says the role is anything BUT boring:<\/p>\n \u201cI have worked in tax for 12 years and have had the opportunity to work across multiple locations, including London, New York and Sydney. Some of my most memorable projects have been:<\/em><\/p>\n Hear from Kate, a current Corporate Tax Graduate at EY, in our employee interview<\/a> to learn how NOT boring working in tax can be!<\/p>\n Well, this one\u2019s just rude – and completely inaccurate, says Michael Luu, International Tax and Transaction Services. The industry offers the chance to meet and work with a wide variety of unique and interesting people:<\/p>\n \u201cI have worked in tax for four years and have met a vast array of personalities across all ranks and ages. I can genuinely say that tax professionals are some of the most exciting and interesting people to work with. The international nature of the world of tax brings together a multitude of cultural backgrounds with drastically different appreciations for how business is done across the globe. This in turn brings together teams of extremely culturally diverse individuals, especially at a professional services organisation. Tax professionals love socialising andcconnecting with their colleagues, enabling a better team culture where everyone supports each other. I am proud to say that some of my best friendships have been formed with my tax colleagues.\u201d<\/em><\/p>\nMISCONCEPTION ONE: \u2018If I work in tax, all I\u2019ll do is file tax returns.\u2019<\/strong><\/h5>\n
MISCONCEPTION TWO: \u2018Working in tax is boring and routine.\u2019<\/strong><\/h5>\n
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MISCONCEPTION THREE: \u2018People who work in tax are dull.\u2019<\/strong><\/h5>\n
MISCONCEPTION FOUR: \u2018Tax is too difficult and complex for most people.\u2019<\/strong><\/h5>\n