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Taxation Specialist for Partnerships
2 months ago
Role Overview: The primary objective of this position is to collaborate with fellow Partnership Tax Accountants to ensure that the financial and tax matters of partners are managed with precision and promptness. Your key responsibilities will encompass:
- Addressing inquiries from partners regarding their financial and tax situations
- Calculating net of tax drawings allowances for partners and arranging payments
- Managing partner promotions and adjustments
- Preparing tax reserves for partners, related journals, personal tax filings, and tax remittances to HMRC
- Reviewing partner tax accounts and managing the release of tax reserve balances post fiscal year-end
- Engaging in tax strategy for partners, including available reliefs for pension contributions
- Handling transitions of departing partners and reconciling current account balances
Qualifications and Skills: To excel in this role, candidates should possess:
- Experience-based qualifications or ATT certification
- A minimum of 8 years in personal taxation
- Proficiency in Excel
- Experience with CCH personal tax software
- High standards of confidentiality, discretion, and diplomacy
- Capability to process substantial amounts of data swiftly and accurately
Personal Attributes: Beyond qualifications, we seek individuals who:
- Can effectively prioritize tasks and meet deadlines
- Exhibit strong communication skills
- Are collaborative team players with a proactive mindset
- Possess the ability to work independently
Benefits: Our offerings include an annual bonus scheme, a GPP Pension Scheme with Aviva, and Private Medical Insurance (currently with Vitality Health) after a designated period of employment, which encompasses discounted gym memberships, complimentary cinema tickets, health assessments, and additional perks.
Diversity and Inclusion: Trowers & Hamlins is committed to being an equal opportunities employer, valuing equity, diversity, and inclusion. All applications will be evaluated based on merit and the candidate's fit for the role, without regard to ethnicity, gender (including transgender and non-binary), race, disability, religion, or sexual orientation.
Background Checks: As part of our recruitment policy, candidates will undergo employment screening background checks, which may include verification of personal details, educational and employment history, professional qualifications, and credit and criminal checks as deemed appropriate.
