Accountant- UK Based Accounting Firm

Key Responsibilities

Should be able to file Individual and company returns Annually and quarterly.

o Prepare and submit Self Assessment tax returns for:

o Sole traders

o High net worth individuals

o Analyze income sources (bank statements, cash income, platforms)

o Review and classify allowable business expenses

o Calculate income tax, Capital Gains Tax, and National Insurance Contributions

o Handle HMRC queries, notices, and investigations

o Review and reconcile income records with bank statements and accounting software

o Analyze expense transactions to ensure they meet HMRC allowable criteria

o Verify and interpret invoices, ensuring:

Correct business purpose

Proper VAT treatment

Accuracy and completeness

o Identify missing or incorrect documentation and follow up with clients

o Support delivery of the recurring annual personal tax timetable.

o Should be able to calculate the tax liabilities accurately and timely.

o Maintain control schedules and ensure completeness of the partner population

requiring tax returns.

o Register partners/clients for National Insurance and ITSA and facilitate HMRC agent

authorizations.

o Prepare aide memoires for partners at the start of each tax year.

o Prepare ITSA returns (including amendments to estimated prioryear returns) and

calculate tax liabilities or refunds.

o Prepare banking instructions and schedules for HMRC payments and partner tax reserve

releases.

o Liaise professionally and confidentially with partners, clients, and thirdparty advisers.

o File tax returns and provide clients with submission reports.

o Have knowledge of new MTD compliance

Data & Analysis

o Prepare and maintain spreadsheets relating to partner population, tax reserves, return

progress, pension contributions, tax payments and other key data.

o Analyze income and expenditure to support business tax computations.

Technical & Regulatory Awareness

o Maintain uptodate knowledge of relevant UK tax rules, including devolved tax rates (e.g.

Scottish or Welsh income tax).

o Ensure accurate application of adjustments, deductions, and credits.

o Maintain organized digital records of receipts and invoices.

o Prepare and submit Corporation Tax returns (CT600).

o Review company income streams and expense structures.

o Ensure accurate allocation of costs (allowable vs disallowable).

Key Competencies

o Attention to detail

o Time management and deadline adherence

o Ethical and confidential handling of financial data

o Ability to work independently and in a team

Optional Skills

o Experience with VAT, payroll, and bookkeeping

o Knowledge of international tax (if dealing with overseas clients)

o Experience with tax investigation cases

Required Skills & Qualifications

o Bachelor’s degree in Accounting, Finance, or related field

o Professional qualification (ACCA, ACA, ATT, CTA preferred) is a plus point

o Strong knowledge of UK tax laws and HMRC practices

o Experience with accounting software (e.g., Xero, QuickBooks, Sage)

o Proficiency in Microsoft Excel

o Strong analytical and problem-solving skills

o Excellent communication and client-handling abilities

Experience Requirements

o 2–5 years of experience in UK tax/accounting

o Experience handling both individual and corporate clients

o Familiarity with HMRC submissions and compliance procedures

Job Type: Full-time

Pay: Up to Rs120,000.00 per month

Work Location: In person