Becoming a Registered Tax Consultant
What does a Registered Tax Consultant do?
Registered Tax Consultants assist their taxpaying clients by ensuring that they are fully aware of their obligations, pay their tax bill and file a full and complete tax return. Registered Tax Consultants also work to ensure that current and future transactions are technically sound and tax efficient.
The critical competency for a Registered Tax Consultant is being able to take difficult concepts and translate them for their clients so that they can make fully informed decisions. Registered Tax Consultants have to combine technical legal knowledge with astute commercial acumen and excellent communication skills.
Taxation is a constantly changing discipline. While it is challenging to stay abreast of the domestic and international developments the role of the Registered Tax Consultant is highly varied and no two days are the same in the job. Each and every client has a specific requirement. Tax is at the heart of every financial transaction, and Registered Tax Consultants work closely with the key decision-makers in organisations as tax advice is instrumental to making critical business decisions.
Registered Tax Consultants help people to deal with major milestones or difficulties in their lives, such as buying or selling a home, planning for retirement, setting up a business, making a will and changes in marital status.
Flexibility and variety are key attractions of the job, as Registered Tax Consultants often move from practice to industry and work across a variety of industry sectors throughout their career.
Taxation is an international discipline – Registered Tax Consultants constantly advise on transactions that require consideration of taxation issues arising in a number of jurisdictions. The open nature of the Irish economy and the impact of Ireland's membership of the European Union have resulted in an exceptionally high demand for international experience on the part of Irish Registered Tax Consultants. Our ability to meet this demand explains why Irish Registered Tax Consultants hold key positions all over the world.
Who recruits Registered Tax Consultants?
Registered Tax Consultants belong to one of the fastest-growing and best-rewarded professions in Ireland. Registered Tax Consultants are recruited by:
- Major taxation/accountancy firms
- Major financial institutions
- All the major legal firms
- Larger quoted companies
- Multinational corporations located in Ireland
- Many Government departments
Registered Tax Consultants also join or establish smaller consultancy firms.