At a Glance
- Tasks: Join our team as a US & UK Tax Apprentice, handling tax returns and client data.
- Company: We are a passionate team providing expert financial services in US and UK taxation.
- Benefits: Earn £16,000 pa with fully funded ATT qualification and ongoing study support.
- Why this job: Gain hands-on experience in tax compliance while learning from industry experts.
- Qualifications: 5 GCSEs including Maths and English; 2 A Levels or equivalent preferred.
- Other info: Perfect for hard-working individuals eager to learn and grow in finance.
The predicted salary is between 8000 - 11200 £ per year.
We are a close-knit team of experts passionate about providing top-notch financial services. Our collective knowledge and experience span both UK and US taxation and we guide our clients through the complexities of both systems.
We are looking for an apprentice to join our US team (3/4) and UK team (1/4). Your duties will expose you to all aspects of US and UK tax compliance. We will provide you with all necessary training and support alongside your classroom studies while you learn how to perform your duties. Initially you will study for an ATT qualification (fully funded by Phinch). On successful completion of this qualification you will be supported in further studies.
Key responsibilities:- Preparing US tax returns for manager review.
- Reviewing data provided by the client and converting currencies to USD as required.
- Submission of tax returns and FBARS to the IRS/Treasury Department.
- Preparing UK tax returns for manager review.
- Apportioning income to ensure it is allocated to the correct tax year.
- Support to the admin function of the office including answering the telephone at busy times.
- Hard working with a desire to learn.
- Interest in tax.
- Accuracy and attention to detail.
- Confidentiality.
- IT proficiency (experience of MS Excel and Word desirable).
- 5 GCSEs including Maths and English.
- 2 A Levels or equivalent preferred.
Contact Detail:
Phinch Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land US & UK Tax Apprentice
✨Tip Number 1
Familiarise yourself with both US and UK tax systems. Understanding the basics of how each system operates will not only help you during the interview but also show your genuine interest in the role.
✨Tip Number 2
Network with professionals in the tax field. Attend relevant workshops or webinars, and connect with people on platforms like LinkedIn. This can provide insights into the industry and may even lead to referrals.
✨Tip Number 3
Demonstrate your IT proficiency by brushing up on Excel and Word. Being comfortable with these tools is essential for the role, so consider taking a short online course if you need to improve your skills.
✨Tip Number 4
Prepare for potential interview questions by practising common scenarios related to tax compliance. Think about how you would handle specific tasks mentioned in the job description, as this will showcase your readiness for the role.
We think you need these skills to ace US & UK Tax Apprentice
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of the US & UK Tax Apprentice position. Familiarise yourself with the tasks mentioned in the job description, such as preparing tax returns and reviewing client data.
Tailor Your CV: Craft your CV to highlight relevant skills and experiences that align with the job requirements. Emphasise your attention to detail, IT proficiency, and any previous experience or coursework related to taxation.
Write a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention why you are interested in tax compliance and how your background makes you a suitable candidate for this apprenticeship.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail, which is crucial for a role in tax compliance.
How to prepare for a job interview at Phinch Limited
✨Show Your Passion for Taxation
Make sure to express your genuine interest in both US and UK tax systems. Research recent changes in tax laws or notable cases that have impacted taxation, and be ready to discuss them. This will demonstrate your enthusiasm and commitment to the field.
✨Highlight Your Attention to Detail
Given the nature of the role, accuracy is crucial. Prepare examples from your past experiences where your attention to detail made a difference, whether in academic work or previous jobs. This will reassure the interviewers of your capability to handle sensitive financial information.
✨Prepare for Technical Questions
Expect questions related to tax compliance and the processes involved in preparing tax returns. Brush up on basic tax concepts and be ready to explain how you would approach tasks like converting currencies or apportioning income. This shows you are proactive and ready to learn.
✨Demonstrate Your IT Proficiency
Since the role requires IT skills, particularly in MS Excel and Word, be prepared to discuss your experience with these tools. You might even want to mention any specific functions or features you are familiar with that could aid in tax preparation and data analysis.