At a Glance
- Tasks: Join a dynamic team advising on complex UK tax and legal matters for high-net-worth clients.
- Company: Be part of a highly-regarded London-based Private Client team with a diverse clientele.
- Benefits: Enjoy collaborative work, professional growth, and the chance to tackle intricate tax issues.
- Why this job: Make a real impact by helping clients preserve wealth while navigating complex tax landscapes.
- Qualifications: 3+ years PQE in private wealth, strong UK tax skills, and knowledge of trusts and asset structuring.
- Other info: Membership in STEP is a plus; US-related experience not required.
The predicted salary is between 48000 - 84000 £ per year.
This is an outstanding opportunity for a Private Wealth Tax lawyer of 3 or more years’ PQE to join this highly-regarded London-based Private Client team. This is an exciting role that focuses on the delivery of complex UK tax and legal advice to US connected individuals, trustees, and family offices. Prior US related experience is not a requirement – strong UK tax technical skills is a requirement. The role involves collaborative working with other groups and departments within the Firm.
The Private Wealth & Tax group works with a diverse range of institutions, companies, and high net-worth individuals managing and protecting their assets in the most tax-efficient manner. Many of the individuals which the team advises are international, with personal wealth and business interests in numerous jurisdictions and sectors. They include professional fiduciaries and private trustees, both in the UK and all major international financial centres. They are often not resident in the UK, and many have never been resident or domiciled here. The tax issues they face are complex and varied. Nevertheless, the focus for all clients remains the same: preservation of their wealth for the benefit of their families and philanthropic endeavours. Clients want to comply with their UK and international tax reporting and payment obligations while maximising any available tax reliefs. They also want to preserve their privacy, protect their assets, realise value and safeguard their reputation and family values. Therefore the team works with them to navigate and balance these potentially conflicting objectives, providing bespoke and tailored solutions for each specific situation.
They perform this task against the backdrop of a dynamic and increasingly regulated world and advise on the formation, administration, taxation, and governance of clients’ structures, coordinating and working closely with local and international professional advisers, bankers, and family offices.
In view of the above, the successful candidate will advise on: the UK side of US/UK and international tax; trusts; asset protection structuring; and, lifetime planning for high-net and ultra-high net worth individuals, families, and their trustees. You will ideally have experience in private wealth and specialise in personal tax, trusts, and international and domestic wealth planning, gained at a strong personal tax practice at a well-regarded law firm. You will also have strong knowledge of both onshore and offshore tax and have a comprehensive understanding of the law surrounding trusts and asset structuring in the UK and internationally. Good technical knowledge in tax and wealth planning is important along with competent drafting skills. Membership of the Society of Trust and Estate Practitioners (STEP) is desirable. Experience of the UK side of US/UK tax planning is desirable but absolutely not a pre-requisite.
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Private Wealth Tax lawyer (specialising in Tax Planning) 3+ years’ PQE LONDON employer: Farrar Levin Legal Recruitment
Contact Detail:
Farrar Levin Legal Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Private Wealth Tax lawyer (specialising in Tax Planning) 3+ years’ PQE LONDON
✨Tip Number 1
Make sure to network with professionals in the private wealth sector. Attend industry events, seminars, and workshops where you can meet potential colleagues and clients. Building relationships in this field can significantly enhance your chances of landing a job.
✨Tip Number 2
Stay updated on the latest developments in UK tax law and international tax planning. Subscribe to relevant newsletters, follow influential tax law blogs, and participate in online forums. This knowledge will not only help you in interviews but also demonstrate your commitment to the field.
✨Tip Number 3
Consider reaching out to current or former employees of the firm you're interested in. They can provide valuable insights into the company culture and the specific skills that are highly valued. This information can help you tailor your approach when applying.
✨Tip Number 4
Highlight any experience you have with high-net-worth individuals and complex tax issues during networking conversations. Even if your previous roles were not directly related to private wealth, showcasing your relevant skills and experiences can set you apart from other candidates.
We think you need these skills to ace Private Wealth Tax lawyer (specialising in Tax Planning) 3+ years’ PQE LONDON
Some tips for your application 🫡
Highlight Relevant Experience: Make sure to emphasize your experience in private wealth, personal tax, and trusts. Detail any specific cases or projects that showcase your strong UK tax technical skills.
Showcase Collaborative Skills: Since the role involves working closely with other groups and departments, illustrate your ability to collaborate effectively. Provide examples of past teamwork experiences that led to successful outcomes.
Demonstrate Technical Knowledge: Clearly outline your understanding of both onshore and offshore tax laws, as well as your knowledge of trusts and asset structuring. Use specific terminology relevant to the field to convey your expertise.
Tailor Your Application: Customize your cover letter and CV to reflect the specific requirements mentioned in the job description. Address how you can help clients navigate complex tax issues while preserving their wealth and privacy.
How to prepare for a job interview at Farrar Levin Legal Recruitment
✨Showcase Your Technical Skills
Make sure to highlight your strong UK tax technical skills during the interview. Be prepared to discuss specific cases or scenarios where you successfully navigated complex tax issues, as this will demonstrate your expertise and problem-solving abilities.
✨Understand the Client Base
Familiarize yourself with the types of clients the firm serves, particularly high-net-worth individuals and family offices. Understanding their unique needs and challenges will help you tailor your responses and show that you can provide bespoke solutions.
✨Emphasize Collaborative Experience
Since the role involves working closely with other groups and departments, be ready to share examples of how you've successfully collaborated in previous roles. Highlight your ability to work in a team and coordinate with various stakeholders to achieve common goals.
✨Prepare for Regulatory Discussions
Given the dynamic and regulated environment of tax law, be prepared to discuss how you stay updated on changes in regulations and compliance requirements. This shows your commitment to providing accurate and up-to-date advice to clients.