tax professional Birmingham, England
Job description
- In-house personal tax accountant for a leading legal practice
- This is an ideal role for someone looking for their first move in house
About Our Client
Our client are a global law firm where legal expertise meets innovation, delivering exceptional results for their clients. If you're seeking a career that challenges conventional norms and empowers you to make a lasting impact, look no further.
They define the legal landscape by combining unrivalled expertise with forward-thinking innovation. They operate at the forefront of the legal industry, consistently breaking new ground and shaping the future of law.
They understand that to deliver the best results for their clients, they must also invest in their people. From day one, you'll benefit from a commitment from them, to your professional development, offering comprehensive training programs, mentoring from seasoned experts, and the chance to take on stimulating assignments that stretch your skills.
But it's not all work and no play. They foster a supportive and inclusive culture that celebrates individuality and promotes work-life balance. Their social events, networking opportunities, and wellness initiatives ensure that you'll feel connected and fulfilled both inside and outside the office.
Job Description
Seeking a Personal Tax Compliance Accountant to support the Head of UK Tax in executing all aspects of the annual personal tax compliance timetable. The role involves various tasks, including:
- Creating and maintaining control schedules to ensure the completeness of the population requiring personal tax returns, and documenting responsibilities if not managed by the in-house team.
- Timely registration of partners as self-employed for National Insurance and ITSA purposes, and establishing necessary authorizations with HMRC.
- Preparing aide memoires to be sent to partners at the beginning of each tax year.
- Compiling ITSA returns, including amendments to estimated prior year returns as needed, for review by the Head of UK Tax. This includes calculating taxes owed or overpaid and addressing related personal tax matters, such as allocating liabilities between organisation tax reserves and partners personally or their former/current firms.
- Preparing banking instructions and supporting schedules for payments, such as those to HMRC and releasing tax reserves to partners at various stages of the tax reserving life cycle.
- Assisting with the establishment and maintenance of tax reserves.
- Coordinating with partners, former partners, and third-party agents or advisers.
- Record the progress and status of tax returns. Track information received from partners to determine additional information needed to prepare tax returns.
The Successful Applicant
Qualifications and Skills:
- Ideally ACA / CTA qualified, and minimum 3 years' experience in a similar personal tax role
- Solid knowledge of UK personal taxation.
- Experience with tax computation software such as CCH or equivalent.
- Strong IT literacy with proficiency in relevant systems.
- Proactive mindset with a passion for progress and innovation.
- Excellent time management and deadline-driven approach.
- Outstanding written and verbal communication skills.
- Keen eye for detail and commitment to maintaining accuracy.
What's on Offer
- £50,000 - £60,000 plus other benefits discussed at interview
- CTA study support/package if yet to qualify
- Fantastic mentorship / development and support from Head of Tax.
- A first time move in-house for those looking for an exciting new challenge.
