At a Glance
- Tasks: Manage trusts, advise trustees, and prepare tax returns in a collaborative environment.
- Company: Top UK law firm known for high-quality work and complex cases.
- Benefits: Salary up to £55,000 plus a range of attractive benefits.
- Other info: Opportunity for career growth in a supportive and dynamic team.
- Why this job: Join a leading firm and make a real impact in private wealth management.
- Qualifications: 3 years experience with trusts; qualified or part-qualified candidates welcome.
The predicted salary is between 50000 - 55000 £ per year.
Your new company
My client, a leading law firm with offices across the UK, has a new opportunity in their Southampton office due to retirement. They boast a portfolio which has high quality work and complex cases with an open and collaborative working environment. The firm is often mentioned in the top legal firms within the UK. They are seeking a tax advisor to support the Private Wealth team by assisting with all matters associated with the administration of trusts.
Your new role
- Day-to-day administration of trusts, including but not limited to discretionary trusts and trusts in which a beneficiary or beneficiaries have an interest-in-possession.
- Advise trustees on their fiduciary and statutory duties, supporting them with decision-making, and assisting in the implementation of those decisions. Meetings with trustees are to be conducted in person as required.
- Draft all types of trust deeds, minutes of trustees' meetings, and resolutions.
- Conduct annual trust reviews.
- Prepare and maintain trust accounts.
- Complete Trust Registration Service (TRS) filings.
- Prepare tax returns in respect of income, capital gains, and inheritance tax.
What you'll need to succeed
You may be qualified or part-qualified, with at least 3 years experience with trusts, with the ability to complete compliance and advise clients on UK trust matters.
What you'll get in return
Salary is dependent on experience up to £55,000 plus a host of benefits.
What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call me now on. If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.
Trusts Tax in Portsmouth employer: Hays
Contact Detail:
Hays Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Trusts Tax in Portsmouth
✨Tip Number 1
Network like a pro! Reach out to your connections in the legal field, especially those who work with trusts. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of trust administration and tax matters. We recommend practising common interview questions and scenarios related to the role to show you're ready to hit the ground running.
✨Tip Number 3
Don’t just apply anywhere; focus on firms that align with your values and career goals. Check out our website for tailored opportunities that suit your skills in trusts and tax – we’ve got your back!
✨Tip Number 4
Follow up after interviews! A quick thank-you email can leave a lasting impression. It shows your enthusiasm for the role and keeps you fresh in their minds as they make their decision.
We think you need these skills to ace Trusts Tax in Portsmouth
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Trusts Tax role. Highlight your experience with trusts and any relevant qualifications. We want to see how your background fits perfectly with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our Private Wealth team. Keep it concise but impactful!
Showcase Relevant Experience: When detailing your experience, focus on your work with discretionary trusts and compliance. We love seeing specific examples of how you've advised trustees or managed trust accounts in the past.
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it makes the process smoother for everyone involved!
How to prepare for a job interview at Hays
✨Know Your Trusts Inside Out
Make sure you brush up on your knowledge of trusts, especially discretionary trusts and those with interest-in-possession. Be ready to discuss specific cases you've worked on and how you've advised trustees on their duties.
✨Showcase Your Communication Skills
Since you'll be meeting with trustees in person, it's crucial to demonstrate your strong communication skills. Practice explaining complex tax concepts in simple terms, and think of examples where you've successfully communicated with clients or colleagues.
✨Prepare for Technical Questions
Expect questions about compliance, tax returns, and the Trust Registration Service (TRS). Review relevant legislation and be prepared to discuss how you've handled these tasks in previous roles. This will show your expertise and confidence.
✨Ask Insightful Questions
At the end of the interview, have a few thoughtful questions ready about the firm's approach to trust administration or their collaborative working environment. This shows your genuine interest in the role and helps you assess if it's the right fit for you.