Key Benefits

Tax Agent certification

This course comprises TPB approved courses in Australian taxation law and Commercial law, which are required to meet one component of the TPB’s education requirements.

To become a registered tax agent, you will need to complete this Tax Agent Certification (TAC) module in addition to your FNS50222 Diploma of Accounting to meet the TPB education requirements. Alternatively, the FNS60222 Advanced Diploma of Accounting automatically includes the TAC module within the course. Our ‘career opportunities’ section outlines the TPB experience criteria required to become a registered tax agent.

Nationally recognised

The units of competency in this course are nationally recognised under the Australian Qualifications Framework. You may be able to use them as part of a pathway to a university qualification. Before you enrol with us, it’s a good idea to check with the university you’re thinking of applying to as to whether they’ll give you credit for the units you complete.

Access to Sage HandiTax software

When you enrol in this course you’ll get access to Sage HandiTax software. It’s the leading tax preparation software used by the Australian accounting profession.

This software will walk you through preparing tax returns for various entity types including individuals, partnerships, and companies.

Free membership to the IPA

Get free student membership into the Institute of Public Accountants (IPA) when you enrol.

Membership gives you access to wide range of resources you can use to help kick off your career. Click here to learn more.

Course Accreditation

The Tax Agent Certification course is nationally recognised as the FNSSS00005 Commercial Law for Tax Agents Skill Set and FNSSS00008 Tax Law for Tax Agents Skill Set (Tax documentation).

Please note, FNSACC522 is a prerequisite for FNSACC601.

In total, you need to complete five nationally recognised units of competency.

Module 1

Australian taxation law

FNSACC522 Prepare tax documentation for individuals
FNSACC601 Prepare and administer tax documentation for legal entities

TPB codes: MTL001 / MTL002

Module 2

Commercial law

FNSTPB503 Apply legal principles in contract and consumer law
FNSTPB504 Apply legal principles in corporations and trust law
FNSTPB505 Apply legal principles in property law

TPB codes: MCL001 / MCL002/ MCL003

Specialisations

Course Assessments

Assessment formats include:

Case studies
Multiple-choice questions
Short-answer questions
Calculation questions
Roleplays – video self-recording and upload of the file
TAC online supervised assessments

The Tax Practitioners Board (TPB) requires students to complete online supervised assessments. You will be able to book into a Zoom session where Monarch invigilators will supervise you completing your assessments.

Career Opportunities

This course is designed as a bolt-on option for those who want to work as registered tax agents.

Registered tax agents are professionals who are licensed to prepare and lodge tax returns. They can also provide some other services described as ‘tax agent services by the ATO. Agents have to comply with strict laws about what they can do, and the standard of work they have to maintain. As a registered tax agent, you could help individuals and SMEs (small/medium businesses) to meet their tax obligations and get the best tax return possible.

IMPORTANT: Further requirements for becoming a registered tax agent

Pathways

The pathway to becoming a registered tax agent requires you to complete this Tax Agent Certification (TAC) module. It also requires you to complete (or have completed) the FNS50222 Diploma of Accounting, or FNS60222 Advanced Diploma of Accounting, or equivalent higher accounting qualification. Our Diploma of Accounting allows you to add TAC as an additional module.

There are entry requirements stipulated by the Tax Practitioner Board (TPB) before becoming a registered tax agent. Please refer to the section above titled ‘career opportunities’ which outlines this.

If you’re looking to study part courses in accounting, Monarch Institute are proud to offer the following part courses:

Our full accounting courses also include:

Entry requirements

We require you to have at least a Diploma of Accounting.

To make sure you get the most out of training with us, the following enrolment process applies:

Once we receive your enrolment, our friendly course consultants will touch base to undertake a pre-training review to ensure the training is right for you.
For students without an equal or higher level qualification, there’s a short language, literacy and numeracy quiz you complete online.

What equipment will I need?

You will need access to the following equipment to successfully complete the course:

Working computer with Microsoft Office (2016 or later)
Access to the internet
Access to a smart phone, video camera or web camera is required

Am I eligible for Recognition of Prior Learning or credit transfer?

We may be able to take into account relevant knowledge and skills you’ve gained through previous formal or informal training, education and employment. To find out more, refer to our Student Information Handbook by clicking here, or get in touch with one of our friendly Course Consultants.

Course Topics

You’ll need to study a total of six units, which are spread out over two modules. Here’s what you’ll learn along the way:

Module 1

Australian Taxation Law

Tax treatments for individuals
Concepts of income (assessable and exempt), deductions, tax offsets and tax losses
Employee remuneration, including fringe benefits tax
Termination payments
Capital gains tax
Annuities and foreign pensions
Small-business entities and trading stock as applicable to individuals
Tax anti-avoidance provisions
Ethical and professional responsibilities of tax (financial) advisers, including obligations under the Tax Agent Services Act (TASA) and Tax Agent Services Regulations (TASR)
Tax treatment for entities such as trusts, partnerships, companies, primary producers and associations
Superannuation and self-managed superannuation funds – taxation of contributions fund earnings
Fringe benefits tax
Goods and services tax
International taxation
Tax administration, including assessments, amendments, objections and compliance
Tax planning
Regulatory framework for tax practitioners
Code of conduct

Module 2

Commercial Law

Introductory contract law
Contract formation, validity and performance
Fundamental legal concepts of business organisational structures
Aspects of the law of torts, particularly negligence and negligent misstatement
Key provisions of the Competition and Consumer Act, particularly those relating to misleading and deceptive conduct.
Framework of the Australian legal system
Negligence and risk
The company – a separate legal entity
Directors’ duties
Choosing business structure
Trusts
Interests in real property
Shared and transferred interests
Personal property
Intellectual property
Managing property risk

Course Duration

What is the average course completion time frame?

This course is designed to be completed within 12 months.

Students who are highly motivated and well organised can complete the full course at an accelerated pace.

The key factors that influence course completion are a student’s experience, time availability, how fast they work and how committed they are!

How it works

Study online. With a difference.

You’ll get:

Easy-to-follow course materials
Videos and webinars
Heaps of support from your course trainers (phone, email, Zoom)
A dedicated admin team on hand to guide you
Online assessments
Student Facebook group

How does it work?

This course has been developed to give you absolute flexibility. Study on your couch, on public transport, on your break at work, out in the park – wherever and whenever you like. The best part is, with Monarch Institute, ‘online’ doesn’t mean ‘alone’. You’ll be backed by our trainers at every step along the way.

What support will I get?

Your trainer will be happy to contact you via phone, Skype, Zoom, TeamViewer, or email (Monday to Friday, 9am to 5.30pm). So you definitely won’t feel alone. You’ll also have access to our student Facebook groups, so you can discuss the material with other students. It’s a handy way to stay in touch with trainers and others in the same course.

Do you offer corporate workshops?

Yes. We’re the corporate training partner of choice for several large organisations. Our trainers can also conduct onsite training for groups of six staff or more. Corporate workshops can be scheduled for any location in Australia. Got a new satellite office with staff in need of training? Running a training retreat in an idyllic location (yes please!)? Our trainers can be there.

Corporate workshops are tailored to your organisation’s needs. Get in touch with our friendly course consultants for more information.

Course Price

Upfront payment

$2,750 (Total)

The most cost-effective option. Pay up front and save 20% compared to the total payment plan. Payment options include electronic funds transfer (EFT), credit card (MasterCard or Visa), cheque or cash.

Payment plan

$126.92 per week – paid over 26 weeks (Total: $3,299.90)

This option is suitable for students wanting to manage their cash flow. It’s handy if you want to get started right away, but don’t have the full amount on hand. Payment must be made with MasterCard or Visa.

*Fees and units are subject to change.

Meet your trainers

Industry experts and thought leaders.

Michelle Ma
Trainer "A person who never made a mistake never tried anything new."
– Albert Einstein

I currently work in a mid-tier accounting firm as a senior accountant, and love it. I have over 8 years’ experience working as a business service accountant and tax consultant. I look after a portfolio of clients across various industries, and that’s really interesting. Observing different sector dynamics at play is fascinating. My skills include preparing financial statements, preparing tax returns, BAS, budgeting, cash flow analysis and tax consulting.

What makes me jump out of bed each morning?

I’m passionate about eating food. I love to try different cuisines in restaurants, and enjoy cooking as well. The bed time discussion generally starts with, ‘…what are we going to eat tomorrow’?

Learn more about Michelle

John Deininger
Trainer "The only choice we can make as a nation is the choice about our future."
- Hon Paul Keating

I am a qualified Chartered Accountant, with a career in financial services, working with both large and small chartered accounting firms, financial services businesses both in Australia and overseas and a mid-tier industry superannuation fund. I’ve worked in a volunteer capacity in the local community; I’m the treasurer of two community organisations.

What makes me jump out of bed each morning?

A bike, kayak, tent and xc skis are my most treasured possessions!

Learn more about John

Natasha Daraio
Trainer "A leader is one who knows the way, goes the way and shows the way"
- John C. Maxwell

I have over 11 years’ industry experience working in various accounting roles – having worked as a tax accountant in private practice, a financial administrator in a solicitors firm and a financial planner in both private practices and in the banking industry. I moved into adult education 10 years ago following the birth of my third daughter and have taught at Gippstafe, Federation Training and Swinburne University.

I love travelling overseas – I’ve been in the lively New Orleans for the St Patrick’s day street party and even skydived on the north shore in Hawaii.

What makes me jump out of bed each morning?

My three daughters get me up each day! When I’m not busy working, you’ll find me curled up reading a book.

Learn more about Natasha

Mohammed Ahsan
"The mind is not a vessel to be filled, but a fire to be kindled."
- Plutarch

I have extensive experience in the accounting industry, having begun my career as an accountant in the hospitality sector before moving into roles within the pharmaceutical research industry and taxation practices. My work has included collaborations with organizations such as Mazars, RMS, and IRAS across the APAC region. I also served as a workplace systems accountant and trainer, delivering training in Japan, an experience that ignited my passion for education and assessment. Over the past five years, I have been actively involved in delivering training in accounting and bookkeeping across various RTOs in Sydney.

Learn more about Mohammed

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Duration	Up to 12 months
How it works	Study online. With a difference.
Price	$2,750 up front \| $126.92 per week (payment plan)
Career opportunities	Registered tax agent
Course topics	Two modules
Units	Five units of competency \| Nationally recognised
Course trainers	Industry experts and thought leaders.
Pathways	Registered tax agent (criteria applies)
Entry requirements	Diploma of Accounting \| RPL available \| Some equipment needed
Assessments	Multiple small assessments \| Supervised assessments for Tax Agent Certification
Start date	Immediately, or whenever you’re ready. Get in touch about enrolling

Tax Agent Certification Course

Course overview

Key benefits

Tax agent training. For the real world.

You need a different learning experience.We're ready to deliver.

Expertise

Flexibility

Support

How we rank

Any questions? Ask away!

Key Benefits

Tax Agent certification

Nationally recognised

Access to Sage HandiTax software

Free membership to the IPA

Course Accreditation

Module 1

Australian taxation law

Module 2

Commercial law

Specialisations

Course Assessments

Career Opportunities

IMPORTANT: Further requirements for becoming a registered tax agent

Pathways

Entry requirements

What equipment will I need?

Am I eligible for Recognition of Prior Learning or credit transfer?

Course Topics

Module 1

Australian Taxation Law

Module 2

Commercial Law

Course Duration

What is the average course completion time frame?

How it works

Study online. With a difference.

How does it work?

What support will I get?

Do you offer corporate workshops?

Course Price

Upfront payment

Payment plan

Meet your trainers

Industry experts and thought leaders.

You need a different learning experience.
We're ready to deliver.