Taxation Accountant – ANZSCO 221113

Taxation Accountants analyse, report, and provide advice on taxation issues to organisations or individuals, prepares taxation returns and reports, and handles disputes with taxation authorities.
Skill Level
1
Alternative Titles
  • Taxation Agent
  • Taxation Consultant
Skills Assessment Requirement

Unless you are exempt in very limited circumstances, you are required to have a positive Skills Assessment to apply for the visas listed above.

Skills Assessment authority for Taxation Accountant is Chartered Accountants Australia and New Zealand (CAANZ), CPA Australia (CPA) and Institute of Public Accountants’ (IPA).

To have a positive skills assessment conducted by Chartered Accountants Australia and New Zealand (CAANZ), Australian immigration applicants must meet the following criteria:

  • Qualification Requirement
    • Qualification comparable to an Australian Bachelor’s Degree or higher
  • Competency Requirement
    • Must meet all mandatory competency areas relevant to Taxation Accountant:
      • Accounting Systems and Processes
      • Financial Accounting and Reporting including Financial Accounting and Accounting Theory
      • Management Accounting
      • Finance
      • Business Law including Commercial Law and Corporations Law
      • Taxation Law
      • Economics
      • Quantitative Methods
    • English Language Requirement
English Language Proficiency Level Test Component Pearson (PTE) Academic IETLS Academic TOEFL iBT Cambridge (CAE) Accounting Professional Year Program
Proficient (for points tested Skilled Visas) Listening 65 7.0 24 185 Completion Certificate and Transcript
Reading 65 7.0 24 185
Writing 65 7.0 27 185
Speaking 65 7.0 23 185
  • Skilled Employment Requirement
    • Must be post-qualification employment experience
    • Tasks performed are closely related to the nominated ANZSCO code
    • Undertaken in the last 10 years
    • Paid and continuous for a minimum of 20 hours per week
    • Minimum of 1 year accumulated employment

To have a positive skills assessment conducted by Chartered Accountants Australia and New Zealand (CAANZ), New Zealand immigration applicants must meet the following criteria:

  • Qualification Requirement
    • Qualification assessed at New Zealand Qualifications Framework (NZQF) Level 7 or higher or a comparable qualification
  • Competency Requirement
    • Must meet all mandatory competency areas relevant to Taxation Accountant:
      • Accounting Systems and Processes
      • Financial Accounting and Reporting including Financial Accounting and Accounting Theory
      • Management Accounting
      • Finance and Finance Management
      • Business Law including Commercial Law and Corporations Law
      • Economics
      • Quantitative Methods

Important

CAANZ does not assess skilled employed for New Zealand visas.

Potential Visa Pathways for Taxation Accountant
ANZSCOOccupationSkills Assessment189190485 491 (State)491 (Family)186 (Direct)407 (Training)494 (regional Sponsored)482 (TSS Medium
Term)
221113Taxation AccountantCAANZ

CPAA

IPA

Group: 2211 Accountants

Description
Provide services relating to financial reporting, taxation, auditing, insolvency, accounting information systems, budgeting, cost management, planning and decision-making by organisations and individuals; and provide advice on associated compliance and performance requirements to ensure statutory and strategic governance.
Tasks
  • Assisting in formulating budgetary and accounting policies
  • Preparing financial statements for presentation to boards of directors, management, shareholders, and governing and statutory bodies
  • Conducting financial investigations, preparing reports, undertaking audits and advising on matters such as the purchase and sale of businesses, mergers, capital financing, suspected fraud, insolvency and taxation
  • Examining operating costs and organisations’ income and expenditure
  • Providing assurance about the accuracy of information contained in financial reports and their compliance with statutory requirements
  • Providing financial and taxation advice on business structures, plans and operations
  • Preparing taxation returns for individuals and organisations
  • Liaising with financial institutions and brokers to establish funds management arrangements
  • Introducing and maintaining accounting systems, and advising on the selection and application of computer-based accounting systems
  • Maintaining internal control systems
  • May appraise cash flow and financial risk of capital investment projects
Skill Level
Most occupations in this unit group have a level of skill commensurate with a bachelor degree or higher qualification. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification (ANZSCO Skill Level 1).

Registration or licensing may be required.

Occupations in this Group
  • 221111 Accountant (General)
  • 221112 Management Accountant
  • 221113 Taxation Accountant
How to calculate your points (skilled visas)

To apply for a skilled visa, you need to know how many points you can score. The minimum score to be eligible for application is 65 points. However, depending on your occupation, the competitiveness, and the states you are applying to, you might need to score more points to get an invite.

Points will be given to you based on the following:

Click here to calculate your points.

189 visa – Skilled Independent Visa

This 189 visa allows you to live, work and study in Australia permanently. It is a points-tested visa. The minimum score to apply is 65 points. However, based on previous invitation rounds, you would need to achieve a higher score to have a better chance of obtaining an invitation.

In short, to be eligible for visa 189, you need to meet the following criteria:

Immigration Points

Must score at least 65 points. Due to the competitive nature of this visa, a pool mark does not guarantee an invitation to apply.

English

Must have at least Competent English, i.e., IELTS 6.0 or equivalent.

Age

Must be under 45 years of age. There is however no age limit for the 189 NZ stream.

be invited

Must lodge the EOI and be invited by the Department of Home Affairs to apply for the visa.

Skills assessment

Must have positive skills assessment. Each occupation has a specific assessing authority.

HEALTH AND CHARACTER

Must meet health and character requirements.

Subclass 190 visa– Skilled Nominated Visa & Subclass 491 visa – Skilled Work Regional (Provisional) Visa

To apply for visa subclass 190 and visa subclass 491, you need to have a nomination from the state/territory government where you want to live and work. Each State and Territory have individual requirements that must be met in order to receive nomination. (See below)

While the 190 visa is a permanent visa, subclass 491 visa gives you right to live and work in regional Australia for 5 years with a pathway to permanent residency through the subclass 191 visa.

Another difference between the 190 and 491 visa is that you can only apply for visa subclass 491 if you are living and working in regional areas in Australia, while it is not a requirement if you are applying for the 190 visa.

In summary, to be eligible for 190 visa, you need to meet the following criteria:

Immigration Points

Must score at least 65 points, or higher points if the state or territory requires.

English

Must have at least Competent English, i.e., IELTS 6.0 or equivalent, or higher if the state or territory requires.

Age

Must be under 45 years of age.

be invited

Must lodge an EOI and be invited by the state or territory and then apply for the visa.

Skills assessment

Must have positive skills assessment. Each occupation has a specific assessing authority.

HEALTH AND CHARACTER

Must meet health and character requirements.


To check if the state/ territory government requirements for your occupation, refer to the following links

State/ Territory
Links to requirements
New South Wales
Victoria
South Australia
Western Australia
Northern Territory
Australian Capital Territory (ACT)
Tasmania
Queensland

485 Visa – Graduate Temporary Visa (Graduate Work Stream)

The 485 visa is a work visa available to international students who have completed two years of study in Australia. It is an 18-month visa that has full work rights and full study rights. It also allows you to travel freely to and from Australia throughout the validity of the visa.

To be eligible for visa 485, you need to meet the following criteria:

Age

You must be under 50 years of age.

Education

Must have completed a two-year CRISCOS registered course(s).

Subclass 491 Family Sponsored visa – Skilled Work Regional (Provisional) visa

This 491 Family sponsored visa requires you to have a family member who is living in regional area to sponsor you. This visa offers pathway to permanent residency through visa subclass 191.

English

Must have at least Competent English, i.e., IELTS 6.0 or equivalent.

Age

Must be under 45 years of age.

be invited

Must lodge an EOI and be invited by DHA to apply for the visa.

Skills assessment

Must have positive skills assessment. Each occupation has a specific assessing authority.

HEALTH AND CHARACTER

Must meet health and character requirements.

Subclass 186 visa – Employer Nomination Scheme

If you have an employer who is willing to sponsor you, you may be eligible for a Subclass 186 visa. This visa is permanent and will allow you to live, work and study in Australia indefinitely. To be eligible for this visa, you need to have at least 3 years of working experience in your nominated occupation and a positive skills assessment. Alternatively, if you are a holder of a Subclass 457 or TSS visa, you can apply for Subclass 186 after working for your employer for at least 2 years under the Temporary Residence Transition stream.

Experience

At least 3-year full-time work experience in the nominated occupation.

English

Must have at least Competent English, i.e., IELTS 6.0 or equivalent.

Age

Must be under 45 years of age, unless exempt.

Be Sponsored

Must be sponsored by an Australian employer.

Skills assessment

Must have a positive skills assessment. Exemptions apply for the 186TRT.

HEALTH AND CHARACTER

Must meet health and character requirements.

Important

Please note that according to the Department of Home Affairs, caveats apply to this visa type. Subclass 186 visa is excluded from being granted to businesses that have fewer than five employees and have an annual turnover of less than AUD 1M. The visa is also excluded from being granted to low skilled jobs that include tasks such as clerical, bookkeeper or accounting clerk positions.

407  Training Visa

The 407 visa a short stay visa for individuals to participate in occupational training or professional development in Australia. This visa is generally valid to stay in Australia for 2 years. Please note this visa is subject to condition 8102 which forbids work apart from the training that is specified in the visa application. You are also required to maintain health insurance whilst in Australia.

To be eligible for visa 407, you need to meet the following criteria:

GTE

You must prove that you genuinely stay in Australia for training and will depart when you complete the training.

English Level

Must have Functional English, i.e. IELTS overall 4.5 with no band less than 4, or equivalent.

Age

Must be over 18 years old.

Be Sponsored

You must be sponsored by an approved temporary activities sponsor – Can be an employer or a commonwealth agency

Health and Character

Must meet health and character requirements.

Subclass 494 visa – Skilled Sponsored Regional (Provisional) visa

You can apply for subclass 494 if you have a regional employer who is willing to sponsor you. To be eligible for this visa, you must have at least 3 years of working experience in your nominated occupation and have a relevant skills assessment. With this visa, there is a requirement that you must work for the employer who is sponsoring you.

This visa provides pathway to permanent residency through the 191 visa.

Experience

At least 3 years full-time work experience in the nominated occupation.

English

Must have at least Competent English, i.e., IELTS 6.0 or equivalent.

Age

Must be under 45 years of age, unless exempt.

Be Sponsored

Must be sponsored by an Australian regional employer.

482 SID visa – Skills In Demand visa- Core Skills Pathway

The 482 SID visa  (Core Skills Pathway) visa that requires a sponsorship from an Australian employer. You must be nominated to work in an occupation on the Core Skills Occupation List (CSOL). This visa allows to your live and work in Australia for up to 4 years. You may apply for as many 482 visas as you want, as long as the employer is willing to sponsor you. The SID 482 visa has a pathway to permanent residency through the 186 transition stream.

English Level

Must have IELTS overall of atleast 5.0 with no band less than 5.0.

Age

There is no age requirement for this visa.

Health and Character

Must meet health and character requirements.

Important

Please note that according to the Department of Home Affairs, caveats apply to this visa type. Subclass 482 visa is excluded from being granted to businesses that have fewer than five employees and have an annual turnover of less than AUD 1M. The visa is also excluded from being granted to low skilled jobs that include tasks such as clerical, bookkeeper or accounting clerk positions.

Job Outlook

  • $1,660 AUD

    Weekly Earnings

  • 72%

    Work full time hours

  • Strong

    Growth expected in the next 5 years

  • 50% female

    Gender share

  • 45 hours

    Average full-time

  • Very High Skill

    Skill level rating

Study Pathways to Taxation Accountant

Taxation accountants provide advice on taxation issues to organisations or individuals. They prepare taxation returns and reports and handle disputes with taxation authorities. To become a Taxation Account, you must obtain formal qualifications in accounting or business. Certification with one of Australia’s accounting peak bodies is essential. The course of study you take determines whether you can certify with:

  • Certified Practicing Accountants Australia (CPA)
  • Institute of Chartered Accountants Australia (ICAA)
  • Institute of Public Accountants (IPA)

A Bachelor of Accounting, Bachelor of Business (Majoring in Accounting) or similar is required to become CPA or ICAA certified. A Diploma of Accounting gives IPA certification. You may also need to become a Registered Tax Agent, BAS Agent or Tax (Financial) Adviser.

Bachelor of Accounting

  • Duration: 3 years
  • Total Course Cost Approx: $99,300 AUD
  • English proficiency requirement – IELTS 6.0 with no band less than 6.0 or equivalent
  • Academic qualification requirement – other entry requirements apply according to the level of qualification you have
  • Master of Professional Accounting
  • Bachelor of Commerce
  • Master of Business Administration

Book a consultation with our Registered Migration Agents in Melbourne to find out more about your visa options and your path to Australian permanent residency or applying for citizenship.