Tax Accountants are qualified financial professionals who provide specialist services to businesses, organisations or individuals wishing to comply with statutory taxation regulations and to manage liabilities efficiently.
In larger organisations, Tax Accountants may work as part of a Tax team with responsibility for one specific area of taxation. In smaller organisations, the Tax Accountant will have overall responsibility for all matters relating to tax.
Typical duties include:
Preparing corporate tax computations.
Preparing tax calculations for reporting purposes.
Preparing and completing tax returns.
Liaison with HMRC.
Managing payments, offsets and refunds of corporation tax.
Supplying advice on ad hoc tax matters.
Ensuring tax compliance.
Tax Accountants must enjoy working in a variety of locations and with a variety of colleagues, including many non financial managers. Tax Accountants often work out of the office with clients - both individual and corporate - and must be comfortable working to (statutory) deadlines.
Qualifications
Tax Accountants are usually part or fully qualified accountants, having studied with one of the major accounting institutions. They may also have gained specialist taxation qualifications from bodies such as the Chartered Institute of Taxation (CIOT) or the Association of Tax Technicians (ATT).
Salary Snapshot
Recent salaries advertised on TopFinancialJobs (January 2010) include:
£30-35 per hour for a qualified temporary Statutory and Tax Accountant working for a global asset manager in the City of London.
£31-40,000 for a part qualified (ACA) Tax Assistant working for a major telecommunications conglomerate in London.
£51-60,000 for a qualified (ACA) Tax Accountant working for a major manufacturing organisation in London.
£28-32,000 for a newly qualified (ACCA, ACA, ATT, CTA) Corporate Tax Assistant working at a large accountancy practice in London.
Are you a Tax Accountant? Would you like to contribute to our "Day in the Life of..." series? Email us at info@topfinancialjobs.co.uk for more details.
