In: Accounting
What must you consider when providing information to clients?(in the context of accounting environment when consulting with clients regarding their company taxation etc) Discuss in 120–150 words.(Please type up your answer)
As a tax consultant I help my clients, both individuals and businesses in paying their taxes and preparing their tax returns. I am an expert in tax laws with full knowledge of all updates. I work continually to ensure that my clients make the most suitable business decisions in the light of fiscal development. I monitor as well as anticipate changes to tax legislation and respond quickly with advice specific to their clients’ specifically commercial requirements. I ensure that businesses and assets are properly structured to minimise the taxation incidence. While doing my task the primary responsibility is collecting the taxation information on clients regarding their companies. I also advice on property transactions aspects including foreign property acquisitions, and the use of tax-efficient structures in property deals, including the efficient use of partnerships as well as co-ownership structures, thus collects that information too from the clients.