The Tax Professionals Podcast

TTPP129: How to Improve Your Confidence in Your Tax Research and Technical Positions

Jack Bonehill

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Many tax professionals I speak to tell me they don’t feel confident when it comes to looking into technical points and reaching tax conclusions.

In this episode, I share why I think many people lack confidence in this area before sharing 6 practical tips to help you improve your confidence.

Links

Tax Research Masterclass (built the confidence of many tax professionals)

Episode show notes

Timings

  • Amy's tax research transformation story - from no confidence to being very good
  • [00:03:16] Why tax professionals/advisors lack confidence with tax research and technical
  • [00:05:40] Tip 1: Start Proving to Yourself That You Can Do It with Simpler Scenarios
  • [00:07:35] Tip 2: Learn how to do each element of research well (helped by training)
  • [00:09:55] Tip 3: Get Involved in As Much Tax Research As Possible
  • [00:11:29] Tip 4: Ask for help if you get stuck
  • [00:12:30] Tip 5: Document Your Research and Reasoning for Conclusions
  • [00:13:43] Tip 6: Accept tax research is complicated, difficult and slow 
  • [00:15:13] Two key principles underlying the tips
  • [00:17:00] Amber Kirton-Vaughan's learnings and improvements from the Tax Research Masterclass