At a Glance
- Tasks: Lead economic analysis and research for business tax policy projects.
- Company: Join a friendly, inclusive team at the heart of UK tax strategy.
- Benefits: Enjoy flexible working, generous leave, and a strong pension scheme.
- Why this job: Make a real impact on tax policy while developing your skills in a supportive environment.
- Qualifications: Degree or experience in a quantitative field; strong analytical and communication skills required.
- Other info: Opportunities for career development and networking across government departments.
The predicted salary is between 28800 - 48000 £ per year.
Are you looking for an exciting role combining economic analysis and policy work, working on specific strategic areas as well as on crosscutting projects? If so, we'd love to hear from you!
About the Team
The Strategy, Devolution and Cross-cutting team (SDX) works across the Business and International Tax group to support and develop strategic and critical thinking about the business tax system as a whole. We lead on strategic and cross-cutting business tax policy areas and work closely with policy partners in HMRC.
The Business Tax Strategy and Analysis branch leads on strategic business tax projects including tax reliefs and taxation of Small and Medium Sized Enterprises (SMEs). We coordinate business tax input into Budgets and other fiscal events, as well as assessing the impacts of tax measures on different types of businesses.
The devolution branch lead on tax devolution issues. We lead on the tax elements of devolution to Scotland, Wales and Northern Ireland, as well as proposals for devolution within England.
The team also leads on cross-cutting tax policy, in particular developing and co-ordinating tax policy measures for Freeports and Investment Zones. With such an interesting, flexible and wide-ranging portfolio, we need a diverse set of skills to help us deliver. The team is friendly, welcoming and inclusive. We value diversity and people’s different perspectives, as informed by their background and experience, and build space for everyone to contribute. We are a supportive and sociable team and we take time to focus on wellbeing, and to support all team members to develop their careers and networks across HMT.
About the Job
In this role, you will:
- Lead on economic analysis for the business tax teams.
- Complete economic research, modelling and analysis for leads and ministers.
- Maintain the modelling capability of the branch – updating our models and ensuring the branch (or other colleagues) can run them on demand, working closely with colleagues in Fiscal and Economics groups.
- Deliver on analytical projects to inform our work and support advice, based on developments in government priorities, and academia (and think tanks etc).
- Help the team manage its busy tax policy portfolio, including coordination of cross-cutting tax policy work, feeding into briefings and PQs and working with various tax teams to ensure analysis is embedded into policy decision-making.
- Work in close collaboration with HMRC, specialists across the Department and external partners, including in other government departments.
Qualifications:
The successful candidate should have a degree or significant practical experience in a quantitative, analytical or numerate discipline.
About You
The successful candidate will have:
- Proven economics and analytical skills, with the ability to synthesise a wide range of evidence to inform decision-making (Making Effective Decisions).
- Ability to work independently, planning and driving forward longer-term projects whilst handling shorter term demands (Delivering at Pace).
- Excellent communication skills, able to explain complex economic theory or data to a non-expert audience, quickly and effectively (Communicating and Influencing).
- Ability to work together with a diverse range of partners, building relationships proactively to pool expertise to address policy problems (Working Together).
Some of the Benefits our people love!
- 25 days annual leave (rising to 30 after 5 years), plus 8 public holidays and the King’s birthday (unless you have a legacy arrangement as an existing Civil Servant).
- Additionally, we operate flexitime systems, allowing employees to take up to an additional 2 days off each month.
- Flexible working patterns (part-time, job-share, condensed hours).
- Generous parental and adoption leave packages.
- Access to a generous Defined Benefit pension scheme with employer contributions of 28.97%.
- Access to a cycle-to-work salary sacrifice scheme and season ticket advances.
- A range of active staff networks, based around interests (e.g. analysts, music society, sports and social club) and diversity.
If you need any reasonable adjustments to take part in the selection process, please tell us about this in your online application form, or speak to the recruitment team at hrrecruitment@hmtreasury.gov.uk.
Policy Analyst, Business Tax employer: HM TREASURY-1
Contact Detail:
HM TREASURY-1 Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Policy Analyst, Business Tax
✨Tip Number 1
Familiarise yourself with current business tax policies and recent changes in legislation. This will not only help you understand the context of the role but also allow you to engage in informed discussions during interviews.
✨Tip Number 2
Network with professionals in the field of economic analysis and tax policy. Attend relevant seminars or webinars, and connect with individuals on platforms like LinkedIn to gain insights and potentially get referrals.
✨Tip Number 3
Prepare to demonstrate your analytical skills through practical examples. Think of specific projects where you've successfully used data analysis to influence decision-making, as this will be crucial in showcasing your fit for the role.
✨Tip Number 4
Research the Strategy, Devolution and Cross-cutting team (SDX) and their recent projects. Understanding their work will help you tailor your conversations and show genuine interest in contributing to their objectives.
We think you need these skills to ace Policy Analyst, Business Tax
Some tips for your application 🫡
Understand the Role: Before you start writing your application, make sure you fully understand the responsibilities and qualifications required for the Policy Analyst position. Pay close attention to the skills mentioned in the job description, such as economic analysis and communication skills.
Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the job description. Emphasise your analytical abilities, any experience with economic modelling, and your capacity to work collaboratively with diverse teams.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also demonstrates your enthusiasm for the role. Mention specific projects or experiences that showcase your ability to synthesise evidence and inform decision-making, as well as your understanding of the business tax system.
Proofread and Edit: Before submitting your application, take the time to proofread and edit your documents. Ensure there are no grammatical errors or typos, and that your writing is clear and concise. A polished application reflects your attention to detail and professionalism.
How to prepare for a job interview at HM TREASURY-1
✨Showcase Your Analytical Skills
As a Policy Analyst, you'll need to demonstrate your strong analytical abilities. Prepare examples of past projects where you've successfully conducted economic research or modelling. Be ready to discuss how your analysis influenced decision-making.
✨Communicate Complex Ideas Simply
You'll often need to explain complex economic theories to non-experts. Practice summarising intricate concepts in straightforward language. This will show your ability to communicate effectively, which is crucial for the role.
✨Demonstrate Collaboration Skills
The role requires working closely with various partners, including HMRC and other government departments. Think of examples where you've successfully collaborated on projects, highlighting your ability to build relationships and work as part of a team.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills in real-world scenarios. Prepare by thinking through potential policy issues you might face in the role and how you would approach them, showcasing your strategic thinking.