financialtreat – will explain A Few Things About Financial Consultants You Should Know! which you will find in the following article. let’s look at this article carefully!
The growth of many taxable entrepreneurs (PKP) is proof of good economic growth for a country. However, sometimes there are many entrepreneurs who do not know the procedure for paying taxes, and the amount of tax that must be paid so they require consultation with a financial consultant.
The increasing number of entrepreneurs in Indonesia is a new face in the economic field, which indicates that the economy is getting better. Unfortunately, this is not comparable to their knowledge of the calculation of the amount of tax to be paid. Therefore, financial consultants are indispensable.
A Few Things About Financial Consultants You Should Know!
Based on this, financial consultants have a large enough role to help those who are still confused about the amount of taxation that must be paid. There are several requirements and obligations of a taxable entrepreneur that must be known.
This profession is quite promising, and has a big role to contribute to the country through taxation. On the other hand, many people (taxpayers) are helped by it. Therefore, the importance of this profession, to increase the level of tax revenue in this country.
Definition of Financial Consultant
A financial consultant is a person whose profession is to provide consulting services regarding taxation, tax calculations, and procedures for individual taxpayers or business entities.
The state is greatly helped by the existence of this profession because these taxpayers know their awareness of their obligation to pay taxes, which are binding and must be done. Taxes are the largest contributor to the country’s foreign exchange for the country, therefore, the state is very concerned about this.
Financial Consultant Duties and Services.
Based on this description, it can be concluded that a financial consultant is tasked with providing consulting services regarding taxation. These duties include the services provided, including:
Inviting Clients Always To Comply With Taxes
With the existence of financial consulting services indirectly, participate in disciplining clients to comply with paying taxes. Clients who do not comply, usually begin with ignorance or ignorance about tax procedures. Thus, it is the duty of a consultant to inform the correct procedure.
Help Calculating Tax Plans That Must Be Paid
Clients who are taxable entrepreneurs have a tax calculation plan for their business. Including the type of tax that applies. Therefore, a consultant is tasked with helping calculate the tax planning that must be paid.
Help Checking Tax Reports
Financial consultants help check tax reports that have been paid by clients. The correct procedure, as well as an evaluation of the amount of tax that has been reported. This is important to do, in order to minimize reporting errors.
Accompanying Clients in Tax Calculation Process
Some clients often feel confused when there is a tax audit. Therefore, a consultant is tasked with assisting in providing assistance if a client receives a tax audit. This includes preparing the necessary documents.
Helping Prepare Restitution Procedure
Refunds are excess taxes that have been paid by the taxpayer. A financial consultant will help calculate the refund. This includes taking care of the overpayment refund process, starting from the data preparation, inspection process, until the return is received.
Benefits of Financial Consultants
Financial consultants are usually used by companies that need their services to take care of taxation. This is because companies have more complex financial and tax reporting processes. Thus, using the services of this consultant has the following benefits:
Operational Cost Efficiency
Using the services of a financial consultant will be more efficient in using operational costs. Operational costs often apply to employees who take care of administration, including calculating taxation. This, of course, will be more expensive, because you have to pay a salary every month.
Effective in Tax Calculation
A consultant has been trained to calculate taxes and perform every procedure. Thus, it is more effective in calculating taxes, because it can minimize the risk of tax calculation errors. This includes providing assistance.
Focus on Company Business
As an entrepreneur, of course, you must focus on the company’s business. Thus, entrepreneurs can focus more on the company’s business, because taking care of taxes has been handled by experts. Consultants who are experts in taxation are easier to complete taxation.
Tax Problems Can Be Solved
Sometimes in tax payments k often face obstacles. By handing over the task to a financial consultant, who is certainly more skilled in taking care of every problem to immediately find a solution. So that the problem can be found a solution immediately.
Can Determine Tax Planning Easily.
Taxes charged to taxable entrepreneurs are, of course, more complex. This includes taxes levied on the production process. Therefore, it is the duty of a financial consultant to plan taxes that must be paid at a later date.
Tips to Become a Financial Consultant
This profession is very important for the state, including benefits for the taxpayers themselves. In addition to earning of course. Therefore, the following are tips that must be done in order to realize the desire to become a financial consultant. Here are some tips:
Undergoing Financial Consultant Training
A financial consultant who is trained, and able to show proof of ownership of the certificate, is much more credible. Therefore, for those of you who want to carry out this profession, it is better for you to attend training on financial consultants.
The training is divided into three levels. It would be even better if you follow the three stages in the training. So that you will get more knowledge. Therefore, these first tips must be done as a condition to become a financial consultant.
Knowing More Tax Bases
A consultant is credited with always providing an understanding of taxes to clients. So that clients who do not know the tax procedure will understand better. Therefore, a consultant has an obligation to learn more tax bases, so that they can help solve client problems.
The basics of taxation include taxable goods, as well as corporate and individual taxpayers. Therefore, you should study it more and in depth. Given the clients who come, have different tax problems.
Studying Many Articles of Taxation
The clients that will be faced by a financial consultant are certainly more diverse with different backgrounds. For this reason, a consultant must know more tax articles, in order to help clients solve their tax problems, which of course have different implications for each client.
Articles of taxation include income taxes, as well as taxes related to the process of producing goods. The variety of clients who come, with different problem backgrounds and different professions, will also have different articles regarding them.
Learn More Taxable Company Legal Basis
As point 4, clients who use financial consulting services are very diverse with the different legal basis for taxation. Therefore, if a consultant has learned more about the legal basis of taxation, he or she can solve more client problems.
The legal basis for the imposition of taxes applies to all individual taxpayers and business entities. Learning it is very important, especially if you are asked to provide assistance. You know the legal force is clear if your client is facing a tax audit.
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Consult with a Senior Consultant
A person who has just started his profession as a financial consultant. So you should study and consult a lot with senior financial consultants. In this way, you will gain a lot of knowledge. Including dealing with client problems directly in practice.
Talking about any problems encountered when dealing with client problems to senior Consultants, will be much better. The reason is that senior consultants have a lot of experience in handling each client’s problems in the taxation field they face.
You have to know, that being a financial consultant is not just a profession, but rather to implement the knowledge that is known about taxation in more real practice, including being a financial consultant service for companies or business entities that are currently emerging.
However, if you are an actor or business owner who wants to use the services of a financial consultant, the main thing you need to pay attention to is that your business must have a clear bookkeeping system and comply with the financial accounting standards that apply in Indonesia.
That’s a little explanation about financial consultants. Are you interested in hiring or becoming a financial consultant? Of course, it must be very carefully prepared. And good luck!