Question

Jenny, who is employed as a tax specialist by the Australian Taxation Office, undertook four subjects in a postgraduate tax masters course in the current financial year. Each subject cost $2,460. She believed that undertaking the course will further her career. Assume these fees are not HECS HELP. Required: Advise Jenny.

Answer 1

As the Fees is not HECS HELP, Jenny would need to put in personal money (approx $ 10000) to take the course

Jenny is already a Taxation specialist with Australian Taxation office. The avaerage salaries for a senior taxation officer is 2,00,000 to 2,50,000 $/ year.

Specilaising in tax will help Jenny in furthering her career and further grow in the taxation office. She could 3-4% hike and would be able to recover the money in 1 - 1.5 year.

I would advise Jenny to take the course as it is an long term investment in knowledge and would receive a post graduation degree.