Australia: Work effectively in the accounting and bookkeeping industry

The Manager has asked you, the Bookkeeper for advice regarding the tax consequences of purchasing a new piece of machinery and equipment for the business.

1. Are you able to provide her with tax advice? Rationalise your answer with reference to the ICB code of professional conduct.
2. Write an email to Manager explaining your answer for Question on Why you can or can't provide her with tax advice.
3. In your email ensure you:

• confirm the activities you can and cannot complete in your role,
• if needed, refer Sandy to other suitable service provider/s she can contact for tax advice.