Tax Accountant

Michael Page; Liverpool; Hybrid; GBP 40,000 - 50,000; Full time

Job summary

A reputable professional services business in Liverpool is seeking a knowledgeable Tax Accountant. In this role, you will support tax processes, manage overseas tax aspects, and handle partner tax queries. The successful candidate will have a strong accounting qualification and excellent analytical skills. The position offers a competitive salary between £40,000 to £50,000, hybrid working options, and a comprehensive benefits package.

Benefits

Competitive salary

25 days of annual leave

Hybrid working options

Comprehensive benefits package

Qualifications

• Professional qualification in accounting or taxation required.
• Strong knowledge of tax legislation is essential.
• Excellent analytical skills with attention to detail needed.

Responsibilities

• Support the preparation of annual income tax computations.
• Assist with corporation tax compliance for the service company.
• Manage overseas tax aspects for international entities.
• Act as tax agent for a portfolio of UK partners.

Skills

Strong knowledge of tax legislation and compliance requirements

Excellent analytical skills with attention to detail

Proficiency in using tax and accounting software

Strong communication skills

Proven ability to manage multiple projects and deadlines

Education

Professional qualification in accounting or taxation (e.g., ACA, ACCA, CTA or equivalent)

Job description

We are seeking a knowledgeable Tax Accountant to join a professional services business in Liverpool. The role requires expertise in tax processes and the ability to manage and advise on complex tax matters effectively.

Client Details

This opportunity is with a reputable professional services organisation based in Liverpool. The company operates as part of a medium-sized team, offering a supportive and professional working environment within the tax department.

Description

Key Responsibilities:

• Support the preparation of annual income tax computations, including capital allowance calculations.
• Assist with corporation tax compliance for the service company, ensuring timely quarterly tax and dividend payments.
• Manage overseas tax aspects for international entities, including double tax relief claims, transfer pricing considerations, and profit repatriation.
• Maintain detailed income tax provisions for partners, including deferred tax where applicable.
• Act as tax agent for a portfolio of UK partners - preparing and submitting tax returns, liaising with HMRC, and supporting international partners as needed.
• Handle partner tax queries, provide mortgage references, and manage composite income tax payments twice yearly.
• Calculate monthly partner drawings, current accounts, and annual profit distributions - ensuring accuracy and timely payments.
• Determine partner capital requirements and monitor compliance with HMRC rules.
• Support HR with partner recruitment by preparing drawings and capital illustrations.
• Advise new and promoted partners on the financial and tax implications of partnership, including induction sessions.
• Provide tax and settlement advice for partners retiring or leaving the LLP.
• Liaise with Payroll and HR on employment tax matters.
• Prepare tax forecasts to assist with firm-wide cashflow planning and legislative changes (e.g. Basis Period Reform).
• Advise on ad-hoc tax queries, including partner/employee mobility.
• Maintain and update the Tax Risk Register to ensure compliance.
• Obtain Certificates of Residence and relevant documentation for international clients.
• Keep up to date with tax legislation changes and advise the FD accordingly.
• Maintain strong relationships with external tax advisors

Profile

A successful Tax Accountant should have:

• A professional qualification in accounting or taxation (e.g., ACA, ACCA, CTA or equivalent).
• Strong knowledge of tax legislation and compliance requirements.
• Proven ability to manage multiple projects and deadlines effectively.
• Excellent analytical skills with attention to detail.
• Proficiency in using tax and accounting software.
• Strong communication skills, both written and verbal.

Job Offer

• Competitive salary ranging from 40,000 to 50,000 per annum DOE
• 25 days of annual leave.
• Hybrid working options for improved work-life balance.
• Comprehensive benefits package to support your personal and professional needs.

This is a fantastic opportunity to further your career as a Tax Accountant within the professional services industry in Liverpool. If this role aligns with your skills and aspirations, we encourage you to apply today!