Private Client Tax Manager

CTA-Qualified Tax Pros: Elevate Your Career - Join A Dynamic Private Client Tax Team!

Job Title: Private Client Tax Manager - open to a Senior Tax Manager

Location: Hertfordshire, AL1

Salary: Up to £80,000!

About the Role:

You'll be responsible for both compliance and advisory work, developing client relationships, and mentoring junior team members. Their diverse client base primarily consists of HNWIs including sole-traders and partnerships. While most clients are UK resident, you'll also handle non-resident and non-domiciliary issues, particularly planning for individuals moving to and from the UK. Additionally, you'll work with clients who are beneficiaries of both UK and non-UK trusts.

Key Responsibilities -

Client Management & Compliance:

• Oversee all aspects of income tax (including National Insurance) and capital gains tax
• Review Self-Assessment tax returns prepared by team members before client approval and electronic filing
• Monitor and review PAYE coding notices where appropriate
• Oversee information collection for tax return preparation, liaising with third-party professionals and clients

Advisory & Planning:

• Assist partners in delivering high-value advisory services, including preparing reports on:
  • Inheritance tax planning
  • Residence issues
  • UK trusts
  • Business structure recommendations
• Handle correspondence with HMRC for s9A enquiries
• Prepare disclosures under the digital disclosure facility

Business Development & Leadership:

• Prepare for and attend meetings with existing and potential clients
• Set budgets for follow-up work and ensure timely completion within budget
• Bill clients quarterly, including making reserves and communicating billing concerns to partners
• Monitor personal time budgets and chargeability
• Contribute to departmental management meetings
• Network at events for business development
• Train and supervise junior staff members

Requirements -

Qualifications:

• CTA qualified
• Minimum 5 years' private client tax experience

Skills & Attributes:

• Strong client-facing experience with confidence in client meetings and regular communications
• Excellent organizational abilities to meet all deadlines efficiently
• Self-motivated with the ability to work independently without supervision
• Initiative in handling clients' affairs and monitoring time budgets
• Proficient computer skills including sound knowledge of Word, Excel, and CCH packages
• Experience with SharePoint
• Effective people management capabilities
• Commercial awareness
• Excellent written and verbal communication skills

Benefits:

• The opportunity to work directly with partners on sophisticated tax matters
• A varied and challenging portfolio of high-net-worth clients
• Professional development and career advancement opportunities
• A collaborative and supportive team environment
• Competitive salary and benefits package