Tax Advisor - Capital Allowances
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United Kingdom - Scotland - Glasgow -
Job Description
Our Tax Advisors are also supported in their professional studies, with a view to earning qualifications or additional qualifications where appropriate.
Key responsibilities
- Tax Advisors in our specialist team get involved in a wide range of activities to support the senior team members, and are given responsibility from day one, under the guidance of a Consultant or Manager, for example:
- Drafting capital allowances proposals and high-level feasibility exercises to determine the potential level of allowances available.
- Reviewing legal documentation (such as sale and purchase, leasehold and contribution agreements) and the tax legislation to clarify a company's entitlement to claim capital allowances.
- Liaising with the client and their advisors to obtain detailed construction cost information.
- Analyzing the relevant available documentation and supplement any deficiencies in details utilizing our team's quantity surveying skills to arrive at defendable valuations.
- Investigating asset lives and business requirements to assist with decision making of allocating qualifying expenditure to the appropriate capital allowances pool.
- Measurement of technical drawings and floor plans, preparation of reinstatement cost estimates using industry pricing books and comparable data sources.
- Assistance with business rates portfolio reviews and valuations.
- Liaising with the client and their advisors to obtain full details of the energy efficient / environmentally friendly plant and machinery installed to identify assets that could qualify for an accelerated rate of relief.
- Reviewing ground investigation and contamination reports to determine eligibility to claim land remediation relief.
- Analyzing whether expenditure incurred on repairs and dilapidations could be eligible for revenue deductions.
- Drafting capital allowances reports detailing the various categories of allowances identified.
- Researching and responding to tax technical queries from the wider tax practice.
- Preparation of technical updates to clients and the wider tax practice following changes to the capital allowances legislation.
- Drafting technical responses to queries raised by HM Revenue & Customs into our clients’ claims.
- Build and maintain productive working relationship with clients and provide high levels of client service.
We offer:
- Support, coaching and feedback from some of the most engaging colleagues around
- Opportunities to develop new skills and progress your career
- The freedom and flexibility to handle your role in a way that’s right for you
Required Knowledge, Skills, and Abilities
Previous work experience of Capital Allowances is required. Strong technical skills and keen to develop further. Sound working knowledge of MS Excel. Additional or advanced technology skills are welcomed. Proven ability to read and interpret existing and new tax statute Good project management skills, capable of planning and prioritizing work whilst meeting all deadlines. Ability to identify areas of risk, carry out an effective review and know when to refer upwards Client focused and commercially aware. Ability to solve problems creatively and pragmatically and willing to proactively suggest ideas. Outgoing with good relationship skills and the ability to deliver quality output. Excellent communicator in range of situations both written and oral. Relationship management skills with ability to manage client expectations. What we look for: Team player; ability to integrate with new teams quickly. Outgoing with good relationship skills and the ability to deliver quality output. Excellent communicator in range of situations both written and oral. Change orientated with flexible approach.