Tax Computation

Compute Goods and Services Tax, and tax liabilities



Competency Area



Basic tax calculations

Able to handle GST issues effectively without guidance covering the following:

Application of Goods and Services Tax (GST) regulations on all transactions within current scope

GST computations calculate organisation’s tax obligations accurately

Prepare computations of tax liability for businesses and organisations

Determine for the organisation its tax exempt amount, corporate income tax rebates, or tax exemption schemes

Prepare tax documentation to determine the amount taxable based on the corporate tax rate

Ensure the right citations are readily available and highlighted based upon the importance to support the case

Review tax computations

Evaluate tax computations to ensure accuracy

Review all possible tax exemption schemes and tax cash grants for the organisation

Advise management on the most efficient tax position for the organisation