Tax advisers work to ensure that their clients' tax payments and records are complete, up to date and legitimate. This can mean conducting audits to make sure records are complete, checking tax returns are correct or advising clients on ways to reduce the amounts paid in taxes.
They often collect and interpret data to produce reports or presentations for clients. They are usually employed by accountants or solicitors to work as consultants for a wide range of clients such as private companies or individuals.There are two main areas of work:
They may also supervise other members of staff, allocate work, and provide training.
Tax advisers generally work standard office hours, 9am to 5pm, Monday to Friday. Additional hours may be required to meet deadlines. Many tax advisers find that their workload increases considerably towards February and March, the end of the tax year.
The work is office-based with visits to clients’ premises required when conducting audits.
To work as a tax adviser you should:
The majority of CTAs begin working for professional accountancy firms and in-house tax departments. However, there are increasing opportunities with banks, legal firms and in the finance departments of large companies in commerce and industry. Tax advisers can also work for HM Revenue and Customs.
It is possible to for tax advisers to move between these sectors during their career. With experience, many tax advisers become self-employed and open their own consultancies.
If you would like to know anything about Tax Adviser that does not appear on Hotcourses, further information can be found below.
Association of Taxation Technicians
12 Upper Belgrave Street
Tel: 020 7235 2544
Financial Services Skills Council (FSSC)
51 Gresham Street
Tel: 020 7216 7366