Masters in Taxation in Ireland

Top Taxation Masters programs in Ireland

Did you know the primary source of revenue for most governments is Taxes? Taxes help the governments to provide services grow naturally through a free market mechanism. This makes Masters in Taxation in Ireland one of the most sought-after courses. Best MS in Taxation courses to study in Ireland are offered by Kemmy Business School of the University of Limerick, UCD Michael Smurfit Graduate Business School, and Trinity Business School. The best Taxation courses in Ireland include MSc in Accounting, Master in Taxation, and International Accounting Practise MSc.

The core aims of courses for taxation in Ireland are to equip students with the following skills:

• Providing students with in-depth knowledge about taxation theories.
• Understanding the fundamental theory behind the discipline, the techniques of taxation, and their inference in a social context;
• Teaching the sustainable tax technical skill required for personal as well as corporate tax compliance and consultation-related work;
• The tools necessary for the research purpose of technical tax issues;
• Building key personal and professional skills including decision-making, collaboration, communication, presentational skills, and critical thinking.

Masters in Taxation in Ireland with Internships

An internship always gives you a glimpse of future work type and helps you to identify and work on your existing skills. MS in Taxation programs in Ireland with internship ensures that you get an industrial exposure even before you start your career in Taxation in Ireland. You can get detailed information about the internship in the website of your preferred University.

English Requirements to study MSc in Taxation in Ireland

The first language of Ireland is English and thus there is a compulsory demand of a minimum English score required for MS in Taxation in Ireland. There are three ways you can prove your English proficiency and they are IELTS , TOEFL , or PTE.

You mandatorily need to get the minimum score required that will make you eligible to get admission to MS in Taxation in Ireland. The minimum English score required for MSc in Taxation in Ireland to get an admission in any of the Universities that teach MSc in Taxation in Ireland may differ from one institution to another.

Below is the minimum English Requirements for MS in Taxation in Ireland:

TOEFL Requirements to study Taxation in Ireland

TOEFL is also accepted as an English language proficiency test to study MS in Taxation in Ireland. TOEFL score required for MS in Taxation in Ireland varies from one University to another. To get admission, the TOEFL score requirement for MSc in Taxation in Ireland is 88 in Trinity College, Dublin. Whereas, the TOEFL score required for MSc in Taxation in Ireland Kemmy Business School, University of Limerick is 90.

Application Requirements for Masters in Taxation in Ireland

Tax is an inseparable fact for companies, organizations, and persons. A common man without any knowledge in taxes neither can do the nitty-gritty of tax-related paperwork nor can take the correct financial decisions. That's why they compulsorily need help from a tax professional. MSc in Taxation in Ireland is going to prepare you for all the jobs that a tax professional can do. Application requirements for MS in Taxation in Ireland slightly differ among several Universities and colleges. The mandatory requirement is a Bachelor's degree in Mathematics, Finance, and relevant graduates with less than five backlogs, and a 60% score. Related work expertise can be an added advantage.

Below is the list of Documents required to apply for Masters in Taxation in Ireland. You can reach out to our consultants at Gostudy if you are unsure about preparing these documents appropriately.

• Academic Documents: Scorecards of school and college
• Bachelor Degree Semester Wise mark sheets
• Bachelor's degree certificate
• Bachelor's degree consolidated marksheet
• Passport
• Resume
• Letters of Recommendation
• Statement of Purpose
• Vaccination Certificate

How to apply for MS in Taxation in Ireland?

For any level of study or course in Ireland, the process remains quite similar.

However, the process of submitting application successfully is explained here:

• You may have preferences, but it is wise to decide one course and multiple universities which offer the same course before you begin the application.
• Check for deadlines : As soon as you finalize the course and university, check the application deadlines for MS in Taxation in Ireland and for the application fee. The deadline of the application is very important here.
• You will have the scorecards but you will have to prepare the most important document- SOP, and get the LORs signed on time. These documents will be uploaded to the University portal.
• Application for MS in Taxation in Ireland : Once you have collected all the required documents, it is time to apply for MSc in Taxation in Ireland.

Scope for Masters in Taxation in Ireland - Post Covid19

There has been an outstanding growth in the practice of Taxation both domestically and globally in the last twenty years. This leads to significant and dynamic career opportunities for tax professionals nationally as well as internationally. Here comes the importance of studying Masters in Taxation in Ireland. Job opportunities for MS in Taxation in Ireland revolve around submitting tax-related documents, devising tax strategies to reduce or remove tax payments, understanding and elucidating tax-related laws, coordinating tax audits. Career scope in Ireland has remained pristine even after the considerable negative impact of Covid-19 on other sectors.

You need to understand the job role of a tax professional while exploring the scope of MSc in Taxation in Ireland. The job role of an accountant specializing in taxation includes developing strategies to minimize taxes, consulting about investment opportunities, assisting clients & companies with financial and income tax issues, and preparing and submitting tax returns. The job titles of tax advisors are Financial Analyst, Accountant, Internal & External Auditors, Personal Finance Consultant.

Another important part to mention is that as Tax consultants/experts you will either work in Corporate offices or with individual clients. Let us give you a general idea about the job roles in both cases.

Handling individual clients

• Your job here will be to find out ways in which the tax obligations of your client can be reduced to the minimum.
• You will help your clients with filing taxes with proper electronic documentation so that they receive their refunds quickly.
• You need to help them with filling out tax forms properly and also advise them about their future financial moves.
• In case your client is already audited, you will be responsible to to handle the audit for them and ensure that they go through the process intact.
• With all these work in your plate, you will also have to market your skills simultaneously and build your clientele on a daily basis.

Top Companies that Hire Tax Experts in Ireland

The course of MSc in Taxation in Ireland opens new horizons for the graduates. There are plenty of job roles in this field that they can explore. MS in Taxation in Ireland graduates can be employed in the private banking sector, public practice firms, private and government sectors, industry and commerce.

Some of the top companies that hire Tax Experts in Ireland are as follows:

• Hugh McCarthy & Associates
• Deloitte & Touche
• Kenna Accountants
• Ernst and Young
• KDA Accountants
• Haydon Chartered Accountants
• KPMG
• OSA Mcquillan
• CGC Associates
• Regan and Company

Salary after studying Masters in Taxation in Ireland

As there are various job roles on competition of Masters in Taxation in Ireland, the salary packages also are quite competitive and attractive. The average salary of Tax Consultants, Accountants, and Account Assistants ranges between 25,000 EUR - 60,000 EUR. In top-ranked companies, the average salary of Assistant Manager Transaction Tax, Corporate Tax Manager, Senior Tax Advisor, and Tax Director ranges between 50,000 EUR-120,000 EUR.