Tax Compliance Manager

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Legal & ComplianceCompliance Specialist

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Quick Summary

Overview

Overview PURPOSE & IMPACT: This role is known for delivering high-quality tax compliance and reporting across the Group, ensuring all UK tax obligations are met accurately, efficiently, and on time.

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Legal & ComplianceCompliance Specialist

Responsibilities

~1 min read

→Prepare and coordinate the timely submission of UK corporation tax returns for UK group entities (31 December y/e)
→Calculate taxable profits, review tax adjustments, and ensure compliance with UK corporation tax legislation
→Prepare Corporate Interest Restriction (CIR) calculations, including monitoring interest capacity and utilisation of interest allowances across the UK group
→Perform annual Controlled Foreign Company (CFC) reviews to identify potential UK tax exposures and ensure appropriate reporting and documentation
→Prepare quarterly payment forecasts and calculations

Prepare tax provisions for UK statutory accounts in accordance with IFRS requirements
Calculate current and deferred tax balances, ensuring appropriate recognition and measurement of tax assets and liabilities
Reconcile tax provisions to corporation tax returns and supporting schedules
Support statutory audits by providing tax calculations, reconciliations, and responses to auditor queries

Support the preparation of consolidated group tax reporting under IFRS for quarterly and annual reporting cycles
Assist with forecasting the group's effective tax rate
Prepare supporting schedules for current and deferred tax balances across multiple jurisdictions
Contribute to tax disclosures included within the consolidated financial statements and support external audit requirements

Prepare and maintain transfer pricing documentation, including Local Files, in line with OECD and UK transfer pricing requirements
Coordinate with finance teams to gather and validate supporting business and financial information
Document intercompany transactions and ensure transfer pricing policies are accurately reflected in the underlying documentation
Support the Transfer Pricing Manager with transfer pricing audits, enquiries, and risk assessments

Monitor interest payments made to external lenders and other relevant counterparties to ensure compliance with UK withholding tax requirements
Review the availability of treaty reliefs, exemptions, and gross payment arrangements
Ensure accurate preparation and timely submission of CT61 returns and settlement of withholding tax liabilities
Maintain supporting documentation and monitor ongoing compliance with HMRC requirements

Assist in the collection, validation, and consolidation of data required for Country-by-Country Reporting obligations
Support the preparation of Pillar Two calculations, compliance filings, and supporting documentation
Monitor legislative developments and assist in implementing changes to reporting and compliance processes
Calculate and prepare intercompany recharge schedules in accordance with group policies and transfer pricing requirements
Ensure costs are allocated accurately and consistently across group entities

Requirements

~1 min read

Professionally qualified accountant or tax adviser (ACA, ACCA, CTA or equivalent)
Recently qualified (or qualified within the last 0-3 years) with experience gained in a tax advisory, tax compliance, or in-house tax environment