UK Tax Adviser

Herbert Smith Freehills Kramer; Greater London; On-site; GBP 40,000 - 60,000; Full time

Job summary

Herbert Smith Freehills Kramer is seeking a case worker to manage a portfolio of partners on UK tax issues, ensuring timely filing and accurate payments. You will prepare UK tax returns for partners, spouses, retired partners and consultants, including calculations for the split between partnership and personal income, and assist with partnership tax returns.

Strong organisational skills and discretion are essential as you collaborate with managers, respond to queries, and support cross-team

Qualifications

• At least 3 years' experience in personal and/or partnership tax.
• Experience in non UK residence issues, including advising on UK tax matters for leaving/returning.
• Strong organisational and analytical skills; confidentiality is essential.

Responsibilities

• Prepare UK tax returns for a portfolio of partners, spouses, retired partners and consultants in the UK and overseas.
• Prepare calculations for splitting partners' tax liabilities between partnership and personal income.
• Assist with the firm's Partnership tax returns.
• Prepare lettings statements on cash and accruals basis for tax returns.
• Advise on pension contribution amounts and tax relief distribution.
• Respond to partner queries regarding tax affairs, including income tax and capital gains planning.
• Communicate with partners by email, Teams or in person in the office.
• Support managers and conduct meetings with partners as appropriate.
• Collaborate with sub-teams on project work and handle journal entries and records.

Skills

Organisational skills

Analytical thinking

Confidentiality

Job description

Case worker for a designated portfolio of partners on all UK tax related issues ensuring filing obligations are satisfied, and payments made, on an accurate and timely basis.

Key responsibilities

• Preparing UK tax returns for a portfolio of partners, spouses, retired partners and consultants based in both the UK and overseas. These returns will be reviewed by one of the Managers in the team.
• Preparing calculations to show the split of partners' tax liabilities between that relating to partnership income and that relating to personal income.
• Assisting with the preparation of the firm's Partnership tax returns.
• Preparing lettings statements, both on the cash and accruals basis, to form part of the tax returns.
• Calculating the amount partners can pay in pension contributions and advising on how the tax relief will be distributed to them by the firm.
• Dealing with queries from partners regarding their tax affairs, including income tax planning, capital gains tax planning and non UK residence issues.
• Responding to all correspondence from partners, HMRC and third parties in a timely manner.
• Communicating with partners by email, Microsoft Teams, or face to face in the office.
• Supporting managers/or conducting meetings with partners as appropriate.
• Working, under supervision, with other sub-teams on project and other work as required.
• Helping the team with all aspects of our work, including some administrative matters such as journal entries and maintaining various records.

Qualifications, skills and experience

• At least 3 years' experience in personal and/or partnership tax.
• Experience in non UK residence issues, including advising on the UK tax issues on leaving and returning to the UK.
• Good organisational skills coupled with the ability to analyse issues thoroughly and in a logical manner.
• Confidentiality is of extreme importance.