At a Glance
- Tasks: Assist in preparing client casework and handling tax-related issues.
- Company: Join a growing boutique firm specialising in US/UK tax advisory for expatriates.
- Benefits: Enjoy a competitive salary, bonus scheme, pension, and private medical insurance.
- Why this job: Gain niche expertise in complex tax areas while working in a supportive, friendly environment.
- Qualifications: Must be a graduate with a 2:1 degree from a Russell Group university or equivalent.
- Other info: Opportunity to become an Enrolled Agent and build a successful career in tax.
The predicted salary is between 27000 - 33000 £ per year.
Do you have a strong numerical background with an interest in taxation and accounting? Our client is looking for a graduate to join their team as a US/UK Tax Trainee.
About the Company:
Our client is a boutique, growing international tax advisory firm looking to hire a graduate to be trained in the preparation and advisory of US taxes for American expats living in the UK as well as UK taxes for non-dom taxpayers. These areas are significantly more complex than regular UK tax and are a very niche area of practice. They offer a range of accounting services, including tax planning and compliance, financial reporting, and bookkeeping. The company's tax experts help clients navigate the complex tax landscape and minimise their tax liability, while the financial reporting and bookkeeping services ensure accurate and timely financial information that enables informed decision-making. This firm is dedicated to helping their clients navigate the complex world of US & UK taxes in the most efficient ways.
We are easy-going in life but serious about our work, and are looking for an energetic, enthusiastic, and competent trainee to assist the Partners and team in the preparation of client case work and handling client issues. We will train you from the ground up and support you in the process of becoming an Enrolled Agent (the IRS qualification for tax advisors) and ATT. If you perform you could build a very successful career in the dual US/UK area.
The Role:
Based in Kentish Town, as a Tax Trainee, you will assist the partners and team in preparing client casework and handling client issues. In the first instance you will be, among other things:
- Learning the rules regarding taxation of US citizens abroad including: what is taxable income, treatment of capital gains and investment income, foreign tax credits, dealing with foreign corporations owned by US citizens
- Learning the rules regarding UK taxes for non-dom (and regular UK taxpayers)
- Using MS Excel to organize, analyse and manipulate client information
- Performing the initial processing and the primary preparation of client case work using our complex tax software to produce the first draft of client output
- Liaising with clients to request outstanding information and update them on progress
- Performing research into various tax topics as necessary
- Assisting with the management of the overall client book
We require someone who completes their work to a high standard, has very good attention to detail, can take the initiative, can learn quickly, and fit well within the team.
About You:
- To be a graduate with at least a 2:1 degree score from a Russell Group university (or equivalent).
- To be very numerate and be able to understand complex concepts and apply them to new scenarios; and be able to handle lots of numbers with accuracy
- To have a very good attention to detail, be a quick learner and be well organized
- To demonstrate an interest in tax / accounting / numbers / logic / law / language
- A strong work ethic and be enthusiastic and proactive, and be able to work independently and to live within an easy commute of the office which is situated in Camden Town, London (NW1)
- Impeccable written and spoken English language skills, including good telephone manner
- To be competent with intermediate use of Microsoft Excel and other MS Office products
- Work well within a small team
Company Benefits:
- Bonus scheme on top of competitive salary
- Pension scheme
- Private medical insurance
- Work for one of the leading expatriate tax advisory firms
- A high quality, professional and friendly team
- From £27,000 to £33,000 p.a. with bonus
US/UK Tax Trainee employer: Inspiring Interns
Contact Detail:
Inspiring Interns Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land US/UK Tax Trainee
✨Tip Number 1
Familiarise yourself with the intricacies of US and UK tax laws, especially those affecting expatriates. Understanding these complex regulations will not only help you in interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals in the tax advisory field, particularly those who specialise in expatriate taxation. Attend relevant seminars or webinars to gain insights and make connections that could lead to referrals or recommendations.
✨Tip Number 3
Brush up on your Microsoft Excel skills, as this role requires intermediate proficiency. Consider taking an online course or tutorial to enhance your ability to analyse and manipulate data effectively.
✨Tip Number 4
Prepare for potential interviews by practising common questions related to tax scenarios and client interactions. Role-playing with a friend can help you articulate your thoughts clearly and confidently.
We think you need these skills to ace US/UK Tax Trainee
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your numerical skills and any relevant coursework or projects related to taxation and accounting. Emphasise your attention to detail and ability to handle complex concepts.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention why you are interested in US/UK taxation and how your background makes you a suitable candidate for the Tax Trainee position.
Showcase Relevant Skills: Highlight your proficiency in Microsoft Excel and any other relevant software. Provide examples of how you've used these skills in academic or work settings, especially in relation to data analysis or financial reporting.
Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no spelling or grammatical errors, as impeccable written English is crucial for this role. A polished application reflects your attention to detail.
How to prepare for a job interview at Inspiring Interns
✨Show Your Numerical Skills
Since the role requires a strong numerical background, be prepared to discuss your experience with numbers. Bring examples of how you've successfully handled complex data or calculations in your studies or previous roles.
✨Demonstrate Your Interest in Taxation
Make sure to express your enthusiasm for taxation and accounting during the interview. Research current trends in US and UK tax laws and be ready to discuss them, showing that you are proactive and genuinely interested in the field.
✨Highlight Attention to Detail
Attention to detail is crucial for this position. Prepare to provide examples of how you've ensured accuracy in your work, whether in academic projects or previous jobs. This will help demonstrate that you can meet the high standards expected by the firm.
✨Prepare for Technical Questions
Expect questions related to tax concepts and software usage. Brush up on basic tax principles and be familiar with MS Excel functionalities, as you'll likely need to use these skills in the role. Showing confidence in your technical abilities will impress the interviewers.