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Inspect tax returns

Description

Inspect the documents which declare liability for taxation which is not automatically withheld from wages and salaries to ensure correct taxes are being paid by the liable individuals and organisations.

Alternative labels

investigate tax returns
check tax returns
audit tax returns
scrutinise fiscal returns
check fiscal returns
audit fiscal returns
investigate fiscal returns
scrutinise tax returns

Skill type

skill/competence

Skill reusability level

cross-sector

Relationships with occupations

Essential skill

Inspect tax returns is an essential skill of the following occupations:

Financial auditor: Financial auditors collect and examine financial data for clients, organisations and companies. They ensure the financial data is properly maintained and free of material misstatements due to error or fraud, that it adds up, and functions legally and effectively. They review lending and credit policies or numbers in databases and documents, evaluate, consult and assist the source of the transaction if necessary. They use their review of the client’s financial governance as assurance to give testimony to the shareholders, stakeholders and board of directors of the organisation or company that all is up to par.
Tax compliance officer: Tax compliance officers collect fees, debt, and taxes on behalf of government institutions in cities, municipalities and other jurisdictions. They perform administrative duties and communicate with other officials and institutions to ensure operations are correct and compliant with policies.
Tax advisor: Tax advisors use their expertise in tax legislation to provide commercially-focused advisory and consultancy services to a wide range of clients from all economic sectors. They explain complicated tax-related legislation to their clients and assist them in ensuring the most efficient and beneficial payment of taxes by devising tax-efficient strategies. They also inform them of fiscal changes and developments and may specialise in tax strategies concerning mergers or multinational reconstruction for business clients, trust and estate taxes for individual clients etc.
Tax inspector: Tax inspectors are responsible for the calculation of taxation and the ensurance of its timely payment by individuals and organisations. They provide information and guidance concerning taxation legislation and examine financial documents and accounts to ensure compliance with legislation. They also examine records to investigate fraud.

Optional skill

Inspect tax returns is optional for these occupations. This means knowing this skill may be an asset for career advancement if you are in one of these occupations.

Tax clerk: Tax clerks collect financial information in order to prepare accounting and tax documents. They also perform clerical duties.

 


 

References

  1. Inspect tax returns – ESCO

 

Last updated on September 20, 2022