At a Glance
- Tasks: Support tax compliance and advisory for partners, preparing personal tax returns and liaising with HMRC.
- Company: Dynamic firm in Basingstoke/London offering a collaborative work environment.
- Benefits: Competitive salary of £50,000, professional development, and flexible working options.
- Other info: Opportunity for growth and learning in a supportive finance team.
- Why this job: Join a team where your expertise makes a real difference in tax matters.
- Qualifications: ACCA/ACA/CTA/ATT qualified with 5+ years of personal tax experience.
The predicted salary is between 50000 - 50000 £ per year.
To support the Tax Manager in delivering all aspects of tax advisory and tax compliance for the firm and its partners in a timely manner.
Responsibilities
- Provide UK tax compliance services to the partners; preparation of personal tax returns (including amendments to estimated prior year returns, where required) for review by the Tax Manager.
- Computation of taxes due and dealing with any personal tax related issues, queries, including preparing banking instructions and supporting schedules in relation to payments, e.g. to HMRC.
- Assistance with liaison with former partners and third party agents and advisers.
- Preparation of partners’ tax return database, including reconciliation of the tax liability position to individual tax returns, to record the progress and status of tax returns, to track information received from partners to determine additional information needed to prepare tax returns.
- Assistance with the bi-annual tax payments to HMRC.
- Work closely with the Partnership Accountant by reviewing the tax reserves and input into partner current accounts.
- Contacting HMRC regarding partners’ tax affairs, making the disclosure and assisting with enquiries.
- Engaging in tax discussions with newly appointed partners and meetings/explanations for retiring partners.
- Assistance with the preparation of the partnership tax computations and corporation tax return review for the operating businesses.
- Producing an analysis of the accounting entries for the tax computation, adjusted taxable profit calculations and capital allowance calculations.
- Be a subject matter expert / liaison point on up-to-date legislation, advising on ad-hoc tax related queries, e.g. withholding tax, employment tax and VAT queries.
- Assistance with PSA calculation such as analysis of expenses.
- Assistance with VAT returns for the UK entities, review transactions to ensure VAT is accurately applied and claimed.
- Review and ensure the firm complies with IR35 regulations.
- Undertake any specific training when required and overall responsibility towards self-development.
- Assistance with other Finance department duties as reasonably required.
Essential & Desirable Criteria
- ACCA/ACA/CTA/ATT qualified and at least 5+ years of personal tax experience, willingness to learn about other taxes is desirable.
- Self-motivated and pro-active, with the ability to work independently and as part of a team.
- Highly organised, hands-on individual.
- Good communication skills as you will be dealing with the stakeholders of the firm and HMRC.
- Experience using CCH, IRIS tax software and good working knowledge of Excel.
- Ability to prioritise and work to tight deadlines.
- Strong attention to detail with a methodical and logical approach.
- Maintain an up-to-date technical knowledge on relevant tax matters.
- High levels of confidentiality, discretion, and diplomacy.
- Flexible and willing to undertake ad hoc projects and duties within the Finance team.
Tax Accountant in Basingstoke employer: SDS Talent
Contact Detail:
SDS Talent Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Tax Accountant in Basingstoke
✨Network Like a Pro
Get out there and connect with people in the tax field! Attend industry events, join relevant online forums, and don’t be shy about reaching out to professionals on LinkedIn. You never know who might have the inside scoop on job openings or can refer you directly.
✨Ace the Interview
When you land that interview, make sure to prepare thoroughly. Research the company, understand their tax practices, and come armed with questions that show your interest. Remember, it’s not just about them assessing you; it’s your chance to see if they’re the right fit for you too!
✨Showcase Your Skills
Don’t just list your qualifications; demonstrate how your skills can benefit the firm. Use specific examples from your past experiences to highlight your expertise in tax compliance and advisory. This will help you stand out as a candidate who can hit the ground running.
✨Apply Through Our Website
We encourage you to apply through our website for the best chance of landing that Tax Accountant role. It streamlines the process and ensures your application gets the attention it deserves. Plus, you’ll be one step closer to joining our awesome team!
We think you need these skills to ace Tax Accountant in Basingstoke
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Tax Accountant role. Highlight your relevant experience, especially in personal tax compliance and advisory. We want to see how your skills match 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 tax and how your background makes you a great fit for our team. Keep it concise but engaging – we love a good story!
Show Off Your Skills: Don’t forget to mention your technical skills, especially with CCH, IRIS tax software, and Excel. We’re keen on candidates who can hit the ground running, so let us know how you’ve used these tools in your previous roles.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss any important updates from us. Plus, it’s super easy!
How to prepare for a job interview at SDS Talent
✨Know Your Tax Stuff
Make sure you brush up on the latest UK tax legislation and compliance requirements. Being able to discuss recent changes or trends in tax law will show that you're not just qualified, but also genuinely interested in the field.
✨Showcase Your Experience
Prepare specific examples from your past roles where you've successfully handled personal tax returns or dealt with HMRC queries. This will help demonstrate your hands-on experience and problem-solving skills, which are crucial for this role.
✨Be Organised and Methodical
Since the job requires a high level of organisation, come prepared to discuss how you manage your workload and prioritise tasks. You might even want to share a system or tool you use to keep track of deadlines and compliance requirements.
✨Communicate Clearly
You'll be dealing with various stakeholders, so practice explaining complex tax concepts in simple terms. Good communication is key, so think about how you can convey your ideas clearly and effectively during the interview.