What does a Inspector of Taxes do?
Tax inspectors work for HM Revenue and Customs and are responsible for applying tax legislation to companies, businesses, individuals and partnerships. All of these have to complete annual tax returns giving full details of their income. The level and amount of tax due is based on this information.
The job includes:
- checking tax returns
- examining accounts and background material
- investigating returns by writing, visiting and interviewing
- giving expert advice as required
- ensuring that taxpayers only pay the correct amount due
- negotiating settlements with taxpayers and/or accountants
- managing teams of technical and clerical staff
- managing office resources and budget control.
Tax inspectors may have to investigate cases where doubts exist about the accuracy of business accounts submitted to HM Revenue and Customs. This may involve visiting business premises, finding out about the business, examining business records and taking into account the lifestyle of the proprietor or directors.
Some tax inspectors work for the Collector of Taxes department of HM Revenue and Customs.
What's the working environment like working as a Inspector of Taxes?
Tax inspectors work office hours Monday to Friday. They may be required to work extra hours at certain times of the year when tax deadlines are drawing near. Flexi-time and part-time work is possible.
The work is office-based but will involve travel to visit businesses. Formal business dress is expected.
What does it take to become a Inspector of Taxes?
To be a tax inspector you should:
- have a sharp, enquiring mind
- be able to manage staff and resources effectively
- have a high degree of analytical ability and judgement
- be capable of handling large amounts of information
- be comfortable with figures
- be able to use information technology in support of your work
- have good communication skills
- have a fair and impartial attitude
- be a good role model and handle your own personal finance carefully
- have an imaginative approach to problem solving
- be resilient when carrying out compliance and investigative work.
Inspector of Taxes Career Opportunities
HM Revenue and Customs can offer a number of career options and opportunities for graduates, including specialist advisory work and management positions. It may also be possible to spend some time outside the department, for example on secondment to a private organisation or, on rare occasions, secondment to the European Commission. In addition, there are many opportunities for Revenue-trained staff in the private sector.
If you would like to know anything about Inspector of Taxes that does not appear on Hotcourses, further information can be found below. HM Revenue and Customs
www.hmrc.gov.uk Civil Service Fast Stream
Civil Service Careers
Financial Services Skills Council
51 Gresham Street
Tel: 020 7216 7366