Tax Senior

Penningtons Manches Cooper LLP; Basingstoke; On-site; GBP 40,000 - 70,000; Full time

Job summary

An established industry player is seeking a knowledgeable tax advisor to support their Head of Tax and Compliance. In this pivotal role, you will deliver comprehensive tax advisory and compliance services, ensuring timely and accurate submissions for partners. You will engage with HMRC, manage tax return databases, and assist with partnership tax computations. If you are a proactive professional with a strong background in personal tax and a commitment to continuous learning, this is the perfect opportunity to make a significant impact within a diverse and inclusive environment.

Qualifications

• Qualified in ACCA, ACA, CTA, or ATT with 5+ years of personal tax experience.
• Self-motivated and able to work independently and within a team.

Responsibilities

• Provide UK tax compliance services and prepare personal tax returns.
• Collaborate with the Partnership Accountant and communicate with HMRC.

Skills

Personal Tax Experience

Communication Skills

Organizational Skills

Attention to Detail

Proficiency in Excel

Education

ACCA

ACA

CTA

ATT

Tools

CCH Tax Software

IRIS Tax Software

Job description

Overview

To support the Head of Tax and Compliances in delivering all aspects of tax advisory and tax compliance for the firm and its partners in a timely manner.

Can be based from any of our UK offices - including Basingstoke, Cambridge, Guildford, London, Oxford, Reading.

Responsibilities

1. Provide UK tax compliance services to partners; prepare personal tax returns (including amendments to estimated prior year returns, where required) for review by the Head of Tax and Compliance. Handle computation of taxes due and address personal tax-related issues and queries, including splitting liabilities, preparing banking instructions, and supporting schedules related to payments (e.g., to HMRC). Assist with liaison with former partners and third-party agents and advisers.
2. Maintain the partners’ tax return database, including reconciling tax liabilities with individual returns, tracking the progress and status of tax returns, and managing information received from partners to identify additional data needed for tax return preparation.
3. Assist with bi-annual tax payments to HMRC.
4. Collaborate closely with the Partnership Accountant by reviewing tax reserves and contributing to partner current accounts.
5. Communicate with HMRC regarding partners’ tax matters, including disclosures and enquiries.
6. Engage in tax discussions with newly appointed partners and provide meetings/explanations for retiring partners.
7. Assist in preparing partnership tax computations and reviewing corporation tax returns for the operating businesses. This includes analyzing accounting entries, calculating adjusted taxable profits, and capital allowances.
8. Serve as a subject matter expert and liaison point on up-to-date legislation, advising on ad-hoc tax-related queries such as withholding tax, employment tax, and VAT.
9. Assist with PSA calculations, including expense analysis.
10. Help prepare UK VAT returns, review transactions to ensure VAT is correctly applied and claimed.
11. Review compliance with IR35 regulations.
12. Undertake any required training and take responsibility for self-development.
13. Support other Finance department duties as reasonably required.

Essential & Desirable Criteria

• Qualified in ACCA, ACA, CTA, or ATT with at least 5+ years of personal tax experience. Willingness to learn about other taxes is desirable.
• Self-motivated, proactive, and able to work independently and within a team.
• Highly organized and hands-on.
• Good communication skills for dealing with stakeholders and HMRC.
• Experience with CCH, IRIS tax software, and proficient in Excel.
• Ability to prioritize tasks and meet tight deadlines.
• Strong attention to detail with a methodical and logical approach.
• Maintain up-to-date technical knowledge on relevant tax matters.
• High levels of confidentiality, discretion, and diplomacy.
• Flexible and willing to undertake ad hoc projects within the Finance team.

At our firm, Diversity, Equity, and Inclusion are priorities. We actively seek to attract a diverse workforce and welcome applications from all backgrounds. We are committed to creating an inclusive culture where everyone can be their full selves and be heard. Learn more about our initiatives and committees here.

We ensure equal opportunities and treatment for all applicants and employees throughout the recruitment and employment process, regardless of age, gender, race, religion, sexual orientation, gender identity, or other protected characteristics. We aim to provide adjustments for those with disabilities or long-term health conditions. To request adjustments, contact [e-mail].