At a Glance
- Tasks: Prepare annual tax returns and handle client queries with precision.
- Company: Join Ascot Lloyd, a leading FCA regulated company in tax compliance.
- Benefits: Enjoy 35 hours work week, training support, and a chance to grow your career.
- Why this job: Develop your skills in a supportive environment while making a real impact on clients' lives.
- Qualifications: Strong communication skills and knowledge of self-assessment tax system required.
- Other info: This role is perfect for those looking to kickstart their career in tax advisory.
The predicted salary is between 36000 - 60000 £ per year.
Role title: Tax Return Assistant
Reports to: Tax Consultant
Location:Hub Location
Hours of work: 35 hours per week
SMCR:This is a Conduct role
Purpose of role
This role will form an integral part of the in-house Tax compliance Team. The team supports clients and advisers with their tax compliance issues, which includes preparing annual tax returns and advising on tax associated matters. The role would suit someone interested in developing their career as a tax adviser Training and support will be provided.
Key Responsibilities
- Prepare annual tax returns.
- Calculating annual tax liabilities and future tax liabilities.
- Dealing with clients, advisers and HMRC queries.
- Research tax legislation as and when required.
- Safeguard client data in accordance with regulatory requirements.
- Report any compliance issues or suspected compliance breaches to the Team Manager for reporting to the Compliance Team.
- Keeping skills and knowledge of the self-assessment tax system up to date
- Billing
SM&CR Responsibilities
As an FCA regulated Company, Ascot Lloyd are required to adhere to the Senior Managers and Certification Regime (SM&CR), to develop a culture where employees take personal responsibility for their own actions.
Individual Conduct Rules
- You must act with integrity
- You must act with due care, skill and diligence
- You must be open and co-operative with the FCA, PRA and other regulators
- You must pay due regard to the interests of customers and treat them fairly
- You must observe proper standards of market conduct
- You must act to deliver good outcomes for clients
Experience / Skills Required
- The successful candidate will need to have excellent client facing skills, be a strong communicator and have a good working knowledge of the self-assessment tax system. Daily tasks will include:
- Responding to client queries.
- Processing information in tight timescales.
- Communicating complex information in an understandable way.
- Utilising a range of financial and legal information to complete self-assessment tax returns.
#J-18808-Ljbffr
Tax Return Assistant employer: Ascot Lloyd group
Contact Detail:
Ascot Lloyd group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Tax Return Assistant
✨Tip Number 1
Familiarise yourself with the self-assessment tax system. Understanding the nuances of tax legislation will not only help you in your role but also impress during interviews, showing your commitment to the field.
✨Tip Number 2
Practice your client communication skills. Since this role involves dealing with clients and advisers, being able to convey complex tax information clearly and effectively is crucial. Consider role-playing scenarios with friends or family.
✨Tip Number 3
Stay updated on current tax regulations and compliance issues. Regularly reading tax-related news or joining relevant online forums can provide insights that will be beneficial in discussions during the interview process.
✨Tip Number 4
Demonstrate your problem-solving skills. Be prepared to discuss how you've handled tight deadlines or complex queries in the past, as this will showcase your ability to thrive in a fast-paced environment like the one at StudySmarter.
We think you need these skills to ace Tax Return Assistant
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to understand the responsibilities and skills required for the Tax Return Assistant position. Tailor your application to highlight how your experience aligns with these requirements.
Highlight Relevant Experience: In your CV and cover letter, emphasise any previous experience you have in tax compliance, client communication, or handling HMRC queries. Use specific examples to demonstrate your skills and knowledge of the self-assessment tax system.
Showcase Communication Skills: Since the role requires strong communication skills, make sure to illustrate your ability to convey complex information clearly. You could mention instances where you've successfully communicated with clients or colleagues in your application.
Proofread Your Application: Before submitting your application, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in a tax-related role.
How to prepare for a job interview at Ascot Lloyd group
✨Know Your Tax Basics
Brush up on your knowledge of the self-assessment tax system. Be prepared to discuss key concepts and recent changes in tax legislation, as this will demonstrate your commitment to the role and your understanding of the industry.
✨Showcase Your Client Skills
Since the role involves dealing with clients and advisers, think of examples from your past experiences where you successfully managed client relationships. Highlight your communication skills and how you can simplify complex information for clients.
✨Prepare for Compliance Questions
Familiarise yourself with the Senior Managers and Certification Regime (SM&CR) and the importance of compliance in the tax sector. Be ready to discuss how you would handle compliance issues and safeguard client data.
✨Demonstrate Your Research Skills
The role requires researching tax legislation. Prepare to talk about how you approach research tasks, including any tools or resources you use to stay updated on tax laws and regulations.