Reference no: EM132479423

Point 1: Burleigh Accountants is a small company operating out of Burleigh Heads, Queensland. It is August 2018, you have recently commenced in the position of Junior Accountant, and have been assigned to complete the tax return for a client, DCB Consulting Pty Ltd.

Point 2: Your manager has asked you to first write short report on the company's tax obligations. When they are confident that you have understood these, you will be sent a document with DCB Consulting's figures. From that data, you will calculate the company's tax obligations. After sending these to your manager for confirmation, you will meet with the client, whom you will explain the figures to, and ask to sign the Tax Return.

Complete the following activities:

Question 1: Write briefing report on client tax obligations

Question 2: Review the information provided to you for the client and conduct research to confirm up-to-date taxation requirements to ensure that the company tax return is correctly prepared.

Question 3: You are required to document this information in a short briefing report to be provided to your assessor to demonstrate that you have correctly identified the taxation requirements for the client.

Use the Briefing Report Template to guide your work.

Your briefing report must address each of the following for each client:

1. The name of the client and the client's company structure
2. Annual income tax return requirements relevant to the business entity type (you must specify the documentation that must be used by the client for the tax return)
3. Due dates for lodging and paying, as well as ways of lodging:
4. Up to date income and deduction information relevant to the client