Why Continuing Professional Development never leaves you empty-handed



Tax Partner Paul Banister,
CTA on why he loves The Tax Institute’s events.

Paul Banister, CTA is a
Partner at Grant Thornton and has been a member of a number of Institute
committees.
We caught up with him at the
34th National Convention in Hobart.

Events
like the National Convention, they're always fun,” he says.
“What’s great about these events is hearing regular speakers
on what their latest insights are, but it's also really good to hear from new
speakers and what they're saying about problems that I might be facing on a
day-to-day basis.
“And ultimately, putting all that together, you've always
got something great to come home with, whether it's just having had a good time
that you can reflect on or you've got a few deliverables that you could take to
your clients.”
Sailing the changing
seas in tax

Events
like the National Convention
are becoming more and more important in
the face of change in tax.
“Coping with change is
something that all businesses, all people, need to endure and find their way
through,” says Paul.

“Having a system of
collecting tax, reporting information on a real-time basis, delivering
insights, maybe directly to a regulator, means that we've got to totally change
our perspective.

“We have to realise that
we're shoulder-to-shoulder with regulators, the agents, and the clients all
looking at the same time and generating insights at the same time on the same
data.

“And that is going to mean
that we're going to have to change the way that we approach things quite
significantly,” he adds.

Advice for new practitioners

Paul’s advice is to new practitioners is twofold.

“Make sure you are interested and that you are really passionate about the area of tax that you're focused on,” he advises.

“And make connections. Because ultimately, if you are dealing with like-minded people, they all have different perspectives and we all benefit from getting multiple perspectives from other professionals.”

Joining The Tax Institute has also been instrumental for his career.


“Getting involved in The Institute has been one of the key things that has helped me achieve lots in my career,” says Paul.
“Having an interest in tax, and also having a pretty good knowledge of what it means to people, that's been one level.

“But then getting involved in The Tax Institute is another; event committees, attending events, getting on committees, ultimately now being on National Council.

“It's been great and having something like The Tax Institute has been wonderful to be part of.”

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