Join the franchise, learn tax and develop your business at the same time

You do not need tax experience or tax knowledge to join our franchise. But you do need to be prepared to take active steps to learn taxation using a variety of tools, courses, knowledge aids and options. Everyone has their own learning style by which they learn and absorb information. You will know whether, for example, self-paced learning, online learning, or face to face courses work best for you. Ideally you should use a variety of options to achieve the desired outcome, including our in-house learning options.

Here are some useful factors to help you work out if you have the right focus and aptitude:

  1. You need to be committed and to be realistic. Learning occurs over time – like an apprenticeship. In this industry you need to be a life-time learner as there are constant changes.
  1. You can join our franchise, and learn tax in stages through a variety of options as shown below. At the same time you will be advertising for clients, accepting work and developing your business. This gives you the opportunity to apply what you have learnt. Skills and knowledge are retained if they are practised. You will also receive technical feedback and support as an on-going service from us to help with new areas of work or where your knowledge is limited.
  1. Here is how Success Tax Professionals can help you learn tax  (plus practice management and business development skills).

 

In-house Options For Learning Tax

1

Face to face — Induction Training — 1 x 6 hour session. This will get you started.

2

Our Online Self Paced Modules x 8 — read, research and test your knowledge through assignment style questions. Examples of topics include Salary and Wage Basics, Tax Planning, and Trusts. 400 hours of learning completed over a 12-18 month period and you receive support and feedback.

3

Face to face — Formal Success Tax Professionals Training Programme — 6 full days per year — comprising training and interactive workshop style learning and networking.

4

Online — Access to our training library: 8-10 NTAA (National Tax and Accountants’ Association) manuals. Manuals are typically 200 pages each and cover up to date legislation, policy, tips, case studies and specific topics. Here are some examples: Trusts, Tax and Property, FBT Basics, Income Tax Basics, and Tax Hot Spots. Manuals are replaced and updated on an on-going basis.

5

Online — Access to our video library — 12 x 1 hour tax videos from the NTAA covering changes, updates, tips, and case studies.

6

Zoom Training Sessions – 10 x 1 hour sessions annually. All you need is a computer with camera and microphone to participate via video conferencing.

7

Face to face/Email/Phone Support from a trainer  — Up to 15 hours of approved assistance to help new franchisees with specific casework.

8

Email/Phone Support/Zoom Video Conferencing — On-going access to a registered tax agent to assist with casework, general questions, and to receive step by step guidance.

9

Access to our interactive online community forum for discussing tax, accounting, software and practice management scenarios and questions. A very versatile and extremely well used platform.

10

Online — Access to our living environment of work tools, letters, forms, and checklists to simplify and systemise practice life.

11

Online — Access to Sage Handisoft Manual and support from Sage.

 

  1. Here are some external options for learning tax. Ideally you will be using a variety of methods. For example, from our in-house options listed above, plus you might decide to enrol in the H&R Block course or one of the online or face to face programmes below to help build your foundation or starter knowledge.

 

 

External Options For Learning Tax

1

H & R Block Income Tax Return Course

(Courses typically run face to face Feb-Jun each year. Enrol in time for a February start. The course runs for 16 weeks and you will need to attend one three hour classroom session per week. Most locations offer morning, afternoon or evening class options.)

2

ITP Tax Courses

(Courses typically run face to face Feb-Jun each year. Enrol in time for a February start.)

3

Australian Tax College Online course

4

The Tax Institute

5

Tax Banter

6

Australian Online Course: Taxation Courses:

Australian Online Courses

Australian Online Taxation Courses

7

Q Tax

8

Courses run by professional bodies like:

CPA

IPA

CA

9

NTAA

10

ATO Legal Database

11

ATO Online Webinars: (type in webinars on the site search field)