At a Glance
- Tasks: Lead tax compliance for wealthy individuals, tackling complex tax structures and risks.
- Company: Join HMRC, a key player in the UK's tax system, dedicated to fairness and compliance.
- Benefits: Enjoy flexible working, generous leave, and a strong pension contribution.
- Other info: Attend our info session on 19th August to learn more about the role!
- Why this job: Make a real impact on tax compliance while developing your career in a supportive environment.
- Qualifications: Must have significant wealth management experience and relevant tax qualifications.
The predicted salary is between 70000 - 95000 £ per year.
Location
Belfast Regional Centre - Erskine House, Birmingham Regional Centre - Arena Centra, Bristol Regional Centre - 3 Glass Wharf, Cardiff Regional Centre - Ty William Morgan, Croydon - Ruskin Square , East Kilbride - Queensway House, Edinburgh Regional Centre - Queen Elizabeth House , Glasgow Regional Centre - Atlantic Square, Leeds Regional Centre - Wellington Place, Liverpool Regional Centre - Water Street, Manchester Regional Centre - Three New Bailey, Newcastle Upon Tyne - Benton Park View, Nottingham Regional Centre - Unity Square, Portsmouth - Lynx House, Salford - Trinity Bridge House, Stratford Regional Centre - Westfield Avenue.
Job summary
Discover a career in your hands at HMRC. Whether you\'re seeking purpose, growth, or a workplace that gives you a true sense of belonging, hear from some of our employees as they share their story about what its really like to work at HMRC.
Visit ourYouTube channelto watch the full series and come and discover your potential.
Wealthy and Midsize Business Compliance (WMBC) is a directorate within HMRCs Customer Compliance Group (CCG) of around 4,000 people which has responsibility for the management of a range of complex customer groups and over 10 different tax regimes.
HMRCs Wealthy compliance teams (Wealthy) are responsible for the tax compliance of the UKs wealthiest individuals. Wealthy individuals often have complex tax affairs that present significant challenges to an effective tax administration. Given the size and nature of the tax at risk within the wealthy population it increases the opportunities and risks of non-compliance.
Our teams assure the tax paid by wealthy individuals and tackle risks and non-compliant behaviours to ensure that wealthy individuals contribute to the health of the tax system. This involves a strong, policy, technical and data led approach to promoting compliance and preventing non-compliance that encourages and supports the customer to get things right first time.
Our approach is tailored to the risk that is presented by our customers.
Our Complex Cross-tax and Offshore (CCTO) multi-disciplinary team brings together tax specialists from different regimes to work holistically across the entirety of the wealthy individual\'s tax horizon including their partnerships, corporates and onshore & offshore trusts. By having a holistic understanding of the Wealthy individual in their entirety, well improve how we prevent, promote, and respond to compliance risks within this population.
We will be holding one Candidate Information Session as a group webinar where you can hear directly from the team about a day in the life of the role, the wider team & HMRC. We will also be discussing the application process and next steps. Additionally, there will be time on these sessions for you to ask questions directly to the team.
The information session will be held Tuesday 19th August at 1.30pm. follow this Link -https://forms.office.com/e/z8SJxdjkej
Job description
We are looking for a Senior Tax Specialist with substantial experience of working in a Wealth management environment or with Wealth management experts, advising clients on how to structure their Wealth to meet financial, personal and taxation objectives.
One of the Exchequer Secretary to the Treasurys key priorities for HMRC is to close the tax gap. The Government is investing in HMRC to deliver that priority. We are continuing to evolve and improve our ways of working together across HMRC to manage our tax risks more effectively and will be building on our successes and accelerating work to address some of our tax risks we believe need urgent attention.
This is an exciting opportunity for an experienced tax professional to use your commercial and technical knowledge to shape HMRCs response to non-compliance by Wealthy individuals and the complex onshore and offshore structures they control to help close the tax gap.
As a senior tax specialist, you will form part of the CCTO senior leadership team (SLT), with collective responsibility for developing the direction of the team in line with HMRCs strategic objectives and contributing to the teams performance objectives.
This is a high profile and exciting role which will require expertise, drive and commitment to contribute to the Spring Statement 2025 objective to tackle wealthy offshore non-compliance and deliver an additional £500 million over the next 5 years.
Person specification
- Use your commercial and technical knowledge to identify areas of UK tax risks within complex international structures controlled by Wealthy individuals and help design and implement a range of compliance solutions in response to those tax risks
- Work closely with strategy, risk and policy colleagues who are responsible for co-ordinating HMRCs response to Wealthy non-compliance to help implement compliance solutions to tax risks.
- Form part of the senior leadership team (SLT) contributing to the strategic direction of CCTO. Using your knowledge of wealth tax planning, develop a strategy to manage technical risks and issues with Wealthy and offshore compliance. Proactively consult with colleagues and stakeholders to understand the strategic impacts and range of options available in addressing those risks.
- Act as a technical advisor (using your strong working knowledge of ITSA/CGT/IHT&SDLT). CCTO is a multi-graded, multi-disciplinary case working team and you will provide technical support for the largest and/or most complex interventions.
- Strengthen capability, performance and professionalism across the team and organisation. Create and embed an environment of continuous improvement, identifying gaps in technical knowledge and oversee development and delivery of products and interventions to mitigate those gaps.
Essential Criteria
- Significant wealth management industry experience, from working in a wealth/asset manager consultancy, with an understanding of the current landscape in the Wealth Management industry.
- Experience of devising and implementing tax-efficient strategies for wealth preservation and management of individuals complex tax affairs.
- Strong leadership skills with the ability to manage multiple priorities and translate strategy into action.
- Excellent communicator, both written and verbal, proficient and skilful at compiling briefings, presentations and proposals with the ability to meet tight timelines with minimal direction.
- Self-motivated and highly organised, with excellent negotiation, and stakeholder engagement skills, able to build influence and trust across an organisation.
- Experience of building the capability of yourself and others.
Qualifications
You should hold at least one of the following qualifications:
Chartered Tax Adviser (CTA) qualification
Chartered Accountant (ICAEW, ICAS, CAI, ACCA) qualification
Holders of an Advanced Diploma in International Taxation (ADIT)
Successfully completed the HMRC Tax Specialist Programme, or one of its predecessors (TPDP, IDP, ITS2, CPT, FT2)
Be a UK qualified solicitor or barrister with post qualification experience in UK tax.
STEP Practitioner
Behaviours
We\'ll assess you against these behaviours during the selection process:
- Leadership
Benefits
Alongside your salary of up to £84,854, HM Revenue and Customs contributes £19,979 towards you being a member of the Civil Service Defined Benefit Pension scheme.Find out what benefits a Civil Service Pension provides.
HMRC operates both Flexible and Hybrid Working policies, allowing you to balance your work and personal commitments. We welcome applications from those who need to work a more flexible arrangement and will agree to requests where possible, considering our operational and customer service needs.
We offer a generous leave allowance, starting at 25 days and increasing by a day for every year of qualifying service up to a maximum of 30 days.
- Pension - We make contributions to our colleagues Alpha pension equal to at least 28.97% of their salary.
- Family friendly policies.
- Personal support.
- Coaching and development.
To find out more about HMRCbenefitsand find out what its really like to work for HMRChear from our insidersor visitThinking of joining the Civil Service
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Locations
Senior Tax Specialist in Cheshire, Warrington employer: HMRC
HMRC is an exceptional employer, offering a dynamic work environment where your expertise as a Senior Tax Specialist can make a significant impact on the UK's tax compliance landscape. With a strong commitment to employee growth, flexible working arrangements, and a generous leave allowance, HMRC fosters a culture of support and continuous improvement, ensuring that you feel valued and empowered in your role. Join us in Belfast or any of our regional centres and be part of a team dedicated to closing the tax gap while enjoying a fulfilling career with excellent benefits.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Tax Specialist in Cheshire, Warrington
✨Tip Number 1
Make sure to attend the Candidate Information Session on Tuesday 19th August at 1.30pm. This is a great opportunity to hear directly from the team about the role and ask any questions you might have, which can give you valuable insights into what they are looking for.
✨Tip Number 2
Familiarise yourself with HMRC's current strategies and objectives, especially regarding tax compliance for wealthy individuals. Understanding their approach will help you align your experience and skills with their needs during discussions.
✨Tip Number 3
Network with current or former employees of HMRC, particularly those in the Wealthy compliance teams. They can provide insider knowledge about the work culture and expectations, which can be incredibly beneficial when preparing for interviews.
✨Tip Number 4
Prepare to discuss your leadership experience and how you've managed complex tax affairs in previous roles. Highlighting specific examples where you've successfully implemented tax-efficient strategies will demonstrate your suitability for the Senior Tax Specialist position.
We think you need these skills to ace Senior Tax Specialist in Cheshire, Warrington
Some tips for your application 🫡
Understand the Role:Before applying, make sure you thoroughly understand the responsibilities and requirements of the Senior Tax Specialist position. Familiarise yourself with HMRC's approach to tax compliance and the specific challenges faced by wealthy individuals.
Tailor Your CV:Craft your CV to highlight relevant experience in wealth management and tax compliance. Emphasise your leadership skills and any specific achievements that demonstrate your ability to manage complex tax affairs effectively.
Write a Compelling Cover Letter:Your cover letter should reflect your passion for the role and your understanding of HMRC's objectives. Discuss how your commercial and technical knowledge can contribute to closing the tax gap and improving compliance among wealthy individuals.
Prepare for the Information Session:Attend the Candidate Information Session to gain insights into the team and the application process. Prepare questions in advance to show your interest and engagement, which can also help you tailor your application further.
How to prepare for a job interview at HMRC
✨Understand the Wealth Management Landscape
Familiarise yourself with the current trends and challenges in the wealth management industry. Be prepared to discuss how these factors influence tax compliance and the strategies you would implement to address them.
✨Showcase Your Technical Knowledge
Be ready to demonstrate your expertise in areas such as ITSA, CGT, IHT, and SDLT. Prepare examples of how you've applied this knowledge in previous roles to solve complex tax issues for wealthy individuals.
✨Highlight Leadership Experience
As a senior role, they will be looking for strong leadership skills. Share specific instances where you've successfully managed teams or projects, translating strategy into actionable results while maintaining stakeholder engagement.
✨Prepare Questions for the Panel
Engage with the interviewers by preparing insightful questions about HMRC's approach to tackling non-compliance among wealthy individuals. This shows your interest in the role and helps you assess if the organisation aligns with your values.
