Job Requirements/Description
Partnership Tax Manager or Senior Manager job with a Law firm in Norwich or Cambridge (Hybrid) Hays are working in partnership with a National Law firm, a highly reputable firm which has been listed in the Best Companies to Work For list for the last 20 years, to support them in appointing a Partnership Tax Manager or Senior Manager. This is a full time, permanent role based in Norwich or Cambridge with occasional travel to other offices and hybrid working.The roleReporting to the firm’s CFO, this role is crucial in providing tax services to the business owners of the partnership. The key activities will include preparing partner tax returns, computation of LLP tax return, offering tax advice and support to partners and advising the business as needed on related tax issues.Key duties and responsibilitiesPartnership Tax CompliancePrepare and review partnership tax returns, ensuring compliance with UK tax laws and regulationsAssist in the preparation of tax computations, reserves, and payment schedules, including amendments to estimated prior year returns where required, computing taxes owed or overpaid, and dealing with any related personal tax issuesCreating and maintain control schedules to ensure completeness of population for whom personal tax returns are required and record where responsibilities sit if not with the in-house teamMaintain and record the progress and status of tax returns, including tracking information received from partners to determine additional information neededFile personal tax returns and provide partners with submission reportsPreparation of annual PSA submissions and arranging for PSA tax payments to be madeBuild strong relationships with the partners providing tax planning and consulting services as required and within agreed parametersAdvise on the tax implications of business decisionsProvide advice and support on the tax implications of leaving and joining the LLP to PartnersPromptly registering partners as self-employed for National Insurance and ITSA purposes and putting authorisations in place with HMRCPreparing banking instructions and supporting schedules in relation to payments, e.G. to HMRCPrepare aide memoires to send to partners at the start of the new tax yearOther tax related supportAssisting with tax related ad hoc projects as requiredReview and preparation of capital allowances where relevant, working with external advisors as requiredIdentify and manage tax risks. Ensure that the firm and its partners are fully aware of their tax obligations and the potential risks associated with non-complianceLiaison with partners, former partners and third-party agents or advisers as requiredAnalyse income and expenditure to assist in the preparation of the firm's business tax computation, working with the accounts team, external advisors and tax team as requiredProvide ad hoc cover for the Partnership Tax Consultant role and provide support at less busy points in the personal/business tax compliance cycle, including VAT support, as requiredSupport the firm in developing its tax governance and controls processes and documentation, in line with regulations as we growPrepare regular reports for senior management on key tasks in the tax year cycle and in advance of the tax payment datesProvide specific guidance to partners on tax related matters on request and issue general partner guidance on current tax issues where there may impact on partnersQualifications and experienceProven experience in a similar role within an LLP or a professional services firmStrong knowledge of UK tax laws and regulations, particularly those relating to LLPsA professional accounting qualification (ACA, ACCA, CTA, or equivalent) is requiredThe packageBy joining this firm, you’ll have the chance to build your skills and experience within a firm that’s not only ranked in the top 50 UK law firms, but also one that truly values its people.You will be offered a competitive salary and a wide range of benefits, including a generous pension and holiday entitlement.Interested?Please apply on line or contact Cara Whyte at Hays to discuss Job type Permanent Location Norwich or Cambridge (hybrid) Working Pattern Flexible Working,Full-time Specialism Tax And Treasury Industry Accountancy Firms Pay Competitive + benefits package Talk to Cara Whyte, the specialist consultant managing this positionLocated in Norwich, Ground Floor, 1 Prince of Wales Road, Telephone01603 760141Click hereto access our Privacy Policy, which provides detailed information on how we use and protect your personal information, and your rights in relation to this.