Tax Manager - Trusts and Estates

Salary: £65,000 to £90,000 Depending on experience

Hybrid working: 3 days in the office, two days from home

Hours 9.30am - 5.30pm

Southwest London

A prestigious full-service Top 100 law practice with a highly regarded reputation for private client services, is recruiting for a Private Client Trusts and Estates Tax Manager to join their dynamic Private Client team. This is an exciting and rewarding role is focused on tax and accounting compliance support for trusts and estates, working closely with a team of experts who thrive on delivering outstanding results.

This dynamic and exciting role will require the Tax Manager to provide advice to the firm’s lawyers with tax advice and tax reporting for trusts and estates, including the preparation of estate accounts and annual trust accounts using CCH software.

The firm are inclusive, multi-cultural and social. You will enjoy many team building activities including winter ski holidays, summer & Christmas parties, and Friday night drinks! The working environment is nurturing and supportive giving you the opportunity to develop your professional career. They encourage you to attend training courses, gain professional qualifications such as the STEP qualification, accountancy and tax focused qualifications, such as ATT or CTA.

You'll be at the heart of a team that really values work-life balance, collaboration, and technical expertise. There is some scope to get involved in advisory projects, and identifying planning opportunities is encouraged to ensure the best possible outcomes for clients and help the Private Client team maintain its top-tier reputation.

Working in amazing modern offices in Southwest London with lovely social open plan facilities. Minutes’ walk from an amazing high street, close to local tubes, trains and bus routes. The high street features a variety of boutique shops, restaurants, bars and trendy cafes catering to all your lunch and after work drinks requirements. Apply today to join this amazing company!

The role of the Tax Manager - Trusts and Estates:

The work is accounting-based yet will require some understanding of the tax treatment of estates, trusts and individuals. The work will include analysis of property and share portfolios, discretionary trusts, life interest trusts, family wealth management, and also general tax and accounting advice on other specific matters.

There will be an element of work involving the preparation of trust accounts, trust tax returns, trust administration and Trust Registration Service.

Key Responsibilities and Duties include of the Tax Manager - Trusts and Estates:

• Assisting lawyers with the preparation of full and detailed estate accounts (STEP format), estate tax returns and beneficiary income statements.
• Preparing 60-day Capital Gains Tax (CGT) returns for estates and individuals.
• Preparing Non-resident CGT returns.
• Co-ordinating tax payments and clearance for individuals, estates and trusts.
• Assisting with preparation of accounts information for Inheritance Tax form IHT100 returns for Trusts.
• Reconciling to third party and internal accounts records.

Qualifications & Experience of the Tax Manager - Trusts and Estates:

Ideally, you will have at least 3 years’ experience in a practical accountancy background and want to develop your professional skills, working towards qualification of a relevant professional accounting or tax body and / or become a STEP (Society of Trust and Estate Practitioners) member.

Have Income Tax, Capital Gains Tax and Inheritance Tax practical knowledge.

Previous experience of using CCH Personal Tax software, CCH Trust Accounts software or similar software is an advantage. This job may also be known as a Tax Specialist.