Assessment Task 2 Instructions Carefully read the following: 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.

Assessment Task 2 Instructions
Carefully read the following:
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.
Your manager has asked you to first write a 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:
1. Write a briefing report on client tax obligations
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.
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:
• The name of the client and the client’s company structure
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• 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)
https://www.ato.gov.au/Business/Reports-and-returns/Income-tax-return/
• Due dates for lodging and paying, as well as ways of lodging:
https://www.ato.gov.au/Business/Reports-and-returns/Due-dates-for-lodging-and-paying/
• Up to date income and deduction information relevant to the client
https://www.ato.gov.au/Business/Income-and-deductions-for-business/
• Information required from the client in order to complete the tax return. You will be assessed on your
ability to identify which company documents you will need for this.
Your report should include links to show the sources of the information that you have used.
Save the document as Briefing Report.
2. Send an email to your Manager (your assessor).
The text of the email should be in grammatically correct English, written in an appropriate (polite,
business-like) style.
It should introduce and summarise the contents of the attachment.
Attach your briefing report to the email.
Your assessor will review your work. If you have not identified all of the requirements correctly, you will
need to resubmit your work before you can move onto the next part of the assessment.
Your assessor will respond by providing you with the necessary client information documented in your
report.
3. Write a company tax analysis
The next part of the assessment requires you to review the Customer Information, analyse the client’s data
and calculate their tax obligations.
Perform the calculations for all he figures that will be entered into the company tax return form.
You should show all of your workings and ensure that all of your calculations are clearly attributed to each
part of the tax return e.g. Income = XX, Expenses = XX.
Use the Company Tax Analysis Template to guide your work.
Note that there will be at least one discrepancy within the figures. You will need to clarify this with the
client via email in the next activity.
For all the calculations, you should also provide notes on the assumptions that you have made based on
up-to-date ATO information/rulings that you researched in activity 1.
You will have the chance to modify this document following an exchange of emails with your client, so
save this document as Draft Company Tax Analysis.
Before you get the opportunity to contact the client to clarify the discrepancy that you found, you receive
the following email from them:
Dear City Accountants
In the upcoming tax year, we will be undertaking significant research and development into new cuttingedge software and we expect Australia to become a world leader in this field. We have already expended
approximately $5,000 in the tax year 2017/2018 as preliminary spending. This amount was essentially a
staff member’s time.
As we expect this to be a significant expenditure, can you advise of any tax concessions we may be
eligible for 2017/2018 or future tax years and what we would need to do to be eligible for these?
Thanks
David
4. Send an email to the client (your assessor).
You will need to conduct further research to identify ATO requirements/rulings with regard to the client
enquiry.
The text of the email should give the client relevant information about the development tax incenti