Tax Accountant - Ambition Europe Limited : Job Details

Tax Accountant

Ambition Europe Limited

Job Location : London, UK

Posted on : 25/04/2024 - Valid Till : 06/06/2024

Job Description :

Amazing opportunity as a Tax Accountant (partner's personal tax) in a top international law firm based in London!! This role will be reporting to the Head of UK Tax and look at delivering on time, every UK personal tax compliance for the group's 500+ partners and former partners.

As the Tax Accountant some of your duties will include -

  • Assisting the Head of UK Tax in delivering all aspects of the recurring annual personal tax compliance timetable.
  • The type of activities include:
    • creating and maintaining control schedules to ensure completeness of population for whom personal tax returns are required and recording where responsibilities lay if not with the in-house team;
    • promptly registering partners as self-employed for National Insurance and ITSA purposes and putting authorisations in place with HMRC
    • preparing aide memoires to send to partners at the start of the new tax year;
    • preparing ITSA returns (including amendments to estimated prior year returns, where required) for review by the Head of UK Tax, computing taxes owed or overpaid and dealing with any related personal tax issues including splitting liabilities
    • preparing banking instructions and supporting schedules in relation to payments, e.g. to HMRC and to release tax reserves to partners as required at all stages of the tax reserving life cycle;
    • assistance with building and maintaining tax reserves;
    • liaison with partners, former partners and third-party agents or advisers.
    • Filing personal tax returns and providing partners with submission reports in relation to the partner population.
    • Record the progress and status of tax returns.
    • Track information received from partners to determine additional information needed to prepare tax returns.
    • Analyse income and expenditure to assist in the preparation of the firm's business tax computation
    • Provide ad hoc cover for the Partnership Tax Accountant role and support that colleague at less busy points in the personal/business tax compliance cycle if called upon to do so

To be successful in this role -

  • Formal accountancy or tax qualification is desirable. This requirement could be fulfilled by experience, e.g. 3+ years spent in the tax practice of a large accountancy firm or law firm
  • You must have experience in UK personal taxation and including experience of preparing UK income tax returns.
  • Study assistance may be available for a qualified accountant who wishes to pursue a tax qualification.
  • You must have excellent attention to detail and be able to follow processes to great detail

If this job isn't quite right for you, but you know someone who would be great at this role, why not take advantage of our referral scheme? We offer £200 in shopping vouchers for every referred candidate who we place in a role. Terms & Conditions Apply. https://refer-a-friend

Salary : 50000 - 60000

Apply Now!

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