Inhouse Partnership Tax Manager

TN United Kingdom; Preston; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

An established industry player is seeking a Senior Tax Manager to join their in-house tax team. This pivotal role involves managing tax compliance for partnerships, ensuring timely and accurate tax affairs for around 400 partners. You'll collaborate with various departments to enhance tax processes and maintain strong relationships within the finance team. The position offers a hybrid working arrangement, allowing for flexibility while ensuring that partners' tax obligations are met efficiently. If you're passionate about tax compliance and want to make a significant impact in a dynamic environment, this opportunity is perfect for you.

Qualifications

• Experience in managing tax compliance for partnerships.
• Strong understanding of HMRC regulations and tax law.

Responsibilities

• Manage tax compliance for partnerships and partners efficiently.
• Prepare and submit partnership tax returns to HMRC.
• Provide ad-hoc tax advice and respond to HMRC inquiries.

Skills

Tax Compliance

Relationship Management

Attention to Detail

Governance Documentation

Tax Computations

Education

Degree in Finance or Accounting

Professional Tax Qualification

Tools

Tax Software

Microsoft Excel

Job description

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Inhouse Partnership Tax Manager, Preston

Client: RSM

Location: Preston, United Kingdom

Job Category: Other

EU work permit required: Yes

Job Reference: 69057a5efe8d

Job Views: 6

Posted: 26.04.2025

Expiry Date: 10.06.2025

Job Description:

Background

As one of the world's largest networks of audit, tax, and consulting firms, RSM delivers big ideas and premium service to help middle-market businesses thrive. We are a fast-growing firm with big ambitions—our goal is to become the premium adviser to the middle market globally. This vision motivates us to improve continuously. If you want to build a future and make an impact, RSM is the place for you.

Team

We seek a Senior Tax Manager to join our in-house tax team within the National Finance Office (NFO). Reporting to the CFO and Finance Partner, you will deliver premium service related to tax affairs and compliance for our partnerships and partners. Your attention to detail and ability to meet deadlines will ensure partners' tax obligations are met efficiently. The NFO handles all internal financial matters, with main hubs in Preston and Crawley. A hybrid working arrangement is possible, with regular contact with the CFO or Finance Partner. Building strong relationships within the Finance team and taking ownership of partner and partnership tax processes are essential.

Overall job purpose

Manage all aspects of RSM partnership and partners' tax compliance within NFO, ensuring timely and accurate completion for 10 LLPs and approximately 400 partners. Liaise with HMRC on personal tax matters as needed. Support the CFO and Finance Partner in preparing governance documentation and providing advice on partnership tax issues, such as Salaried Member rules.

Responsibilities

• Collaborate with IT to develop portals for partners to provide tax information.
• Prepare yearly tax reserve templates for about 400 partners.
• Review 10-year partnership tax computations and coordinate with the Head of Professional Practices and CFO for approval.
• Provide feedback and training to the reporting team on tax computations.
• Calculate tax reserves for partners' income for inclusion in annual accounts.
• Prepare and submit partnership tax returns to HMRC.
• Review partner tax returns before distribution.
• Forecast partnership tax liabilities.
• Coordinate income tax payments for partners in January and July.
• Answer queries on tax reserve balances during reconciliation.
• Understand the RSM LLP Members Agreement and its financial implications.
• Review partners' status regarding HMRC's Salaried Member rules and report findings.
• Provide ad-hoc tax advice, including pension allowances.
• Respond to HMRC inquiries.
• Assist with partnership withholding tax claims.
• Prepare charity and trust tax returns.
• Create policy documentation for risk management and process improvement.
• Delegate work to the Partnership Tax Assistance team, supporting their development.
• Meet CPD requirements.
• Align with the firm’s culture and strategy, acting as a custodian of its values.