The role of a tax adviser is to ensure that their clients pay the right amount of tax at the correct time. They advise their clients on how to pay the minimum amount of tax required.
The job typically involves:
- calculating, preparing and submitting tax returns
- advising about business plans and investment opportunities
- providing guidance about taxation legislation
- streamlining and minimising tax liabilities and liaising with HMRC.
Career progression is possible through specialisation, management or partnership, or by moving into the public sector.
Personal Qualities and Skills
Key skills for tax advisers
- Good oral and written communication skill
- Analytical skills
- Ability to explain complex issues
Pay And Opportunities
Typical employers of tax advisers
- Chartered accountants
- Clearing banks
- Major commercial and industrial organisations
Vacancies are advertised by careers services, recruitment agencies, in national newspapers such as the Financial Times and in specialist publications (online and paper) including TARGETjobs City & Finance, Accountancy, Accountancy Age and Taxation. The professional bodies also regularly produce lists of training vacancies.
Early applications, relevant research and previous experience can help to secure a place. Opportunities to gain useful experience and an insight into the profession are provided by many employers via workshops, vacation courses, placements and internships.
Qualifications and training required
Graduates from any background can train as tax advisers, but should have an excellent record of academic achievement, including good A Level results and a good degree. Candidates with degrees in mathematics, economics, statistics, law or business or management studies may be preferred.
Qualification as a chartered tax adviser is possible via direct entry as a graduate trainee with the tax section of a bank, with a firm of accountants or solicitors, or with an industrial or commercial employer.