Job Details
Our client, a leading law firm renowned for its expertise in handling complex cases involving high-net-worth individuals, is seeking a talented individual to join their Financial Forensics team. Led by industry stalwarts, they pride themselves on delivering exceptional results by marrying legal prowess with financial acumen.
Role Overview: As a Forensic Tax Expert, you will play a pivotal role in providing tax-related support to legal teams and clients, ensuring accuracy and optimal outcomes in financial matters, particularly in high-value divorce cases. Your responsibilities will include analyzing tax implications, devising mitigation strategies, and advising on tax matters impacting individuals and businesses.
Responsibilities:
- Familiarity with the main taxes and issues relevant in HNW/UHNW divorce, including domicile, Capital Gains Tax, Inheritance Tax and the major reliefs/exemptions
- Identify taxation that would be applicable for an individual in a wide range of situations including share schemes, EBTs, inheritance, property purchases and sales
- Calculate the appropriate tax that would be applicable on the sale or transfer of assets, identifying applicable reliefs and any taxation risks (such as TiS or TAAR on a business sale)
- Ascertain whether and in what circumstances the tax on the sale of an asset could be mitigated, deferred and fairly allocated between divorcing parties
- Calculate how taxation on divorce could affect Res/Non-Doms
- Advise as to the position with regard to Statutory Residency and other tests
- Prepare suggestions for how an Order prepared by the Court, or suggested by a party, could be enacted in a tax efficient way, identifying all risks and benefits to your suggestions
- Sculpt formal documents explaining your analysis and findings in a way that is accessible for an intelligent, but untrained audience
- Have the ability to write persuasive advocacy
- Attend meetings directly with clients and be able to articulate clearly the actions you are taking and the impact you expect it to have on the case
- Communicate clearly with internal stakeholders about your work and how it impacts them and their clients, contributing towards strategic discussions for a case
- Communicate to clients with emotional intelligence and empathy
- Maintain your own CPD, including staying abreast of all changes in tax law
- Explain clearly to stakeholders the potential impacts of upcoming changes in tax law
- Excellent communication skills, both written and verbal
Experience and Qualifications:
- Relevant accounting or tax qualification (CTA, ACA, ACCA, etc.)
- Minimum 2 years of post-qualification experience in tax advisory
- Experience in international tax and HMRC investigations is advantageous
