Tax professionals come from a wide variety of disciplines and everyone brings their own unique skills to the role.
Do you have:
- An ability to think creatively
- A flair for innovative problem solving
- Analytical skills
- Good communication skills
- An apititude for numbers
- An interest in technology
- An ability to adapt to an ever changing world
- A desire for life-long learning
If you can answer 'yes' to the above questions, a career in tax may well suit you!
What can you expect from a career in tax?
Taxation is an excellent career for the academically minded. Tax professionals need to be good communicators as they will need to be able to explain complex aspects of tax in a simple and straightforward way. It requires attention to detail, so a good level of English and numeracy is essential.
Your career in tax will most likely start in a training office. This may be in a professional accountancy or law firm, in commerce or industry, in HM Revenue & Customs or HM Treasury. You will start by working towards your ATT qualification as well as doing your job. Most employers will give you time off to study for your qualifications.
The range of work you do will vary according to the type of firm. Some tax trainees in professional services firms start out with preparing tax returns for individuals or companies. You will receive training in tax concepts and tax law, as well as accountancy concepts and how to use tax return software. Then, under supervision, you may progress on to:
- Meet clients, as part of the tax team
- Carry out tax research and summarise findings
- Analyse data
- Respond to correspondence from HMRC
- Preparation of tax accounting calculations and tax notes for accounts and reporting
Once qualified, your career path can take you in many different directions. You may decide to specialise in a particular branch of taxation e.g. you may become a personal tax specialist advising indivduals, you may prefer to advise companies on corporate tax and VAT. You can work for a professional firm, with a business, for the Government, for a charity or on your own. There are even opportunities to work abroad.
Find our more
Visit our Career options page
The next step
To register as an ATT student click here.