This month we talked to Brayden Irving, CTA, Director, Private Business Tax & Advisory at Grant Thornton who was the national winner of the Justice Graham Hill Scholarship and Dux of CTA3 Advisory in 2020. He shares his advice on what it takes to succeed in tax.
I started as a Graduate in Private Business Tax & Advisory at Grant Thornton and currently have 7.5 years of professional experience. I am a Chartered Accountant, Chartered Tax Advisor, and over my career have been lucky to work with a portfolio of successful and growing clients who have exposed me to a broad range of taxation issues. I also went on a two-year secondment to our London office in January 2018 and worked in the Corporate & International Tax team.
I enrolled in CTA3 Advisory when I returned from the UK. It was a great opportunity to refresh my Australian tax knowledge, develop my advisory skills and obtain the CTA designation, which is a respected title globally.
Justice Graham Hill achieved a lot academically, and in taxation law, so I am incredibly proud to win an award named in his honour.
CTA3 Advisory developed my Australian tax knowledge, increased my confidence advising clients and emphasised the importance of understanding the specific facts, circumstances and goals of your clients in order to achieve positive outcomes.
CTA3 Advisory broadly covers the small business CGT concessions, corporate tax, international tax and GST, and I can apply all these learnings to my diverse range of clients. My new area of confidence includes researching, applying and delivering complex tax advice.
I set aside a fixed time each week to focus solely on study. While everyone will have a method to balance work, study and other commitments, my suggestion would be to start your work early and study consistently throughout the program. That will give you the best opportunity for success in the final assessment.
I will take a break from formal education but may eventually complete either a Master of Tax or an MBA.
I would encourage tax professionals to take on the challenge of the Chartered Tax Advisor Program. I found it greatly beneficial for my tax knowledge and advising clients.
My advice would be to have a positive attitude, embrace new opportunities and to care about your clients and the people you work with. Those behaviours, partnered with having mentors that are invested in your career, will give you every opportunity to be successful.