Name: Tim Clayton FTIA
Employer: Rankine Tucker Lawyers
Position: Lawyer
Member Since: 2005
Describe your current role:
I head up one of three teams in a boutique firm providing specialist taxation, superannuation and commercial law advice and services to an ever growing and diversifying client base.
How did you end up in tax?
I began professional life in chartered environment after completing duel undergraduate degrees. I quickly discovered an inclination to accept technical tax briefs and found myself in that chartered firm’s specialist tax group. After cutting my tax teeth in that group and completing the CA I accepted an opportunity to pursue a legal career with my current firm.
Why I'm a Member of the Taxation Institute of Australia.
There are many reasons, including: the culture, community and professional networks afforded to its members; professional development opportunities through local and national seminars and conferences; unfettered access to outstanding resources and support; a desire to be part of and promote Australia's pre-eminent professional body for Australia tax practitioners; and also to make a valuable contribution to the development of Australian taxation laws and regulations.
What advice can you give graduates?
Tax is a difficult area to practise in because it demands an in depth understanding of other areas such as contract, property, company and equity law - but this also makes it an exceptionally dynamic and enjoyable area. Difficulties encountered in the early years should not dissuade you from pursuing what will invariably be a rewarding career.
Most memorable career moment to date?
There are two moments - one past and one future: being given the opportunity to run and grow my own client base; and presenting at the forthcoming South Australian Convention - it was and is a privilege and humbling to be given such an opportunity.
Who or what inspires you?
I was told early in my professional career that you should turn only to yourself in seeking someone or something to inspire you. That cliché is as applicable to me today as it was then. That aside, my partner and our two children and professional mentors continue to be great sources of inspiration.
How do you kick back and relax
?
Swimming lessons with my children (early!) on Saturday mornings and Sunday morning treks with the family up Adelaide's Mt Lofty summit.
Favourite holiday destination?
Holidays?! It's been a while - but the Victorian Highlands in the summer, road bike and hiking shoes on hand, is difficult to pass up.
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Structured Education Program |
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Essential tax education for all tax professionals
Foundation Tax >> Applied Tax >> Advanced Tax
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Differentiate yourself and secure your future in the tax profession!
Read what a recent candidate has to say:
By completing Foundation Tax I found that I've increased confidence and knowledge when providing taxation advice to clients. While the Foundation Tax course covered the common areas of taxation law, I learnt the most in the fringe benefits tax module, which I did not study at university. - I intend to complete the Tax Institute's Applied Tax course in 2010.
Courses are available in all capital cities and in some regional centres. Also available in distance mode.
To enrol today or for more information go to: www.taxeducation.com.au
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Erin Cleary, Lawyer, Professional Alliance Legal Services, Victoria
FDN v 1 2008 - Co-dux July 2008
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Welcome to the March 2009 edition of Contax
