Tax Accountant

Career Legal Ltd
London, Greater London, United Kingdom, United Kingdom
08 Sep 2023
08 Oct 2023
Job role
Accountant, Tax
Experience level
Qualified accountant
Job Details

Career Legal
We are working with an international, full-service law firm whose incomes is more than £220 million. They operate in sectors that include Banking, Insurance, Real Estate, Technology and Construction. They employ 2000 staff globally.

They are now looking to hire a Tax Accountant To support the Head of UK Tax in delivering on time, every time UK personal tax compliance for the group's 500+ partners and former partners.

  • Assisting the Head of UK Tax in delivering all aspects of the recurring annual personal tax compliance timetable. Some assistance will be required at the level of the overall population (e.g., relating to completeness of population for whom returns, or payments are required), other assistance will relate only to the portfolio of individuals delegated by the Head of UK Tax.
  • Creating and maintaining control schedules to ensure completeness of population for whom personal tax returns are required and recording where responsibilities lay if not with the in-house team.
  • Promptly registering partners as self-employed for National Insurance and ITSA purposes and putting authorisations in place with HMRC for Pinsent Masons to act as tax agent.
  • Preparing aide memoires to send to partners at the start of the new tax year.
  • Preparing ITSA returns (including amendments to estimated prior year returns, where required) for review by the Head of UK Tax, computing taxes owed or overpaid and dealing with any related personal tax issues including splitting liabilities between those to be funded by Pinsent Masons from tax reserves and those to be funded by the partner personally or their former / current firm.
  • Preparing banking instructions and supporting schedules in relation to payments, e.g., to HMRC and to release tax reserves to partners as required at all stages of the tax reserving life cycle.
  • Assistance with building and maintaining tax reserves; liaison with partners, former partners and third-party agents or advisers.
  • Maintain an up-to-date technical knowledge on relevant tax matters both at a UK level and those devolved to the administrations within it (e.g., in relation to Scottish or Welsh rates of income tax) sufficient to use all appropriate adjustments, deductions, and credits to ensure individual partners or former partners pay the required tax (but not more).
Candidate Profile
  • Formal accountancy or tax qualification, ideally ACA and / or CTA, is desirable. This requirement could be fulfilled by experience, e.g., 3+ years spent in the tax practice of a large accountancy firm, specialising in UK personal taxation, and including experience of preparing UK income tax returns. Study assistance may be available for a qualified accountant or tax technician who wishes to pursue their CTA qualification.
  • Relevant experience gained within an accountancy firm, another large partnership or corporate, with a specialist in UK personal taxation.
  • Previous experience of end-to-end process of preparing UK personal tax returns is essential.
  • Sound knowledge of UK personal taxation.
  • The ability to maintain a healthy balance between detailed work in relation to tax calculations and the broader strategic perspective.
  • The ability to work at ease in a matrix management working environment with a relatively flat hierarchical structure is essential.
  • High level of systems / IT literacy, including experience of CCH (the software on which UK tax computations and returns are prepared and submitted in-house) or parallel UK tax return preparation software.
Important Notice

It is Career Legal's policy, as a matter of courtesy, to respond to all applications within three working days. However, because of the volume of applications, we are sometimes unable to respond to individual candidates. If we have not contacted, you within three working days your application has been unsuccessful, and your details have not been retained. Please apply for any other position that you may see in the future. Thank you.

Career Legal is a Recruitment Agency and is advertising this permanent vacancy on behalf of one of its clients.




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