UK Tax Manager UK Tax Manager …

in London, England, United Kingdom
Contract, Full time
Be the first to apply
in London, England, United Kingdom
Contract, Full time
Be the first to apply
The UK tax function is the primary source of tax advice for ABN AMRO in the UK. The function also has tax compliance responsibilities across business lines and entities.

Manage the UK Tax position and risks of the ABN AMRO Group through:

  • Proactively advising and assisting all UK business lines in all tax related matters
  • Ensuring that the UK operates within the Group's tax risk appetite and that a transparent, open relationship is maintained with HMRC
  • Ensuring compliance with all UK filing obligations across all direct and indirect taxes.
  • Building and maintaining strong relationships with Group Tax and UK business lines
  • To ensure that the UK Tax function is trusted and respected by all internal and external stakeholders

Context of the Function

  • The UK Tax Manager reports to the UK Head of Tax. The responsibilities of UK tax are broad due to the varied business lines and ABN AMRO UK being part of a wider international group;
  • The UK tax function has responsibility for advising all UK business lines on all corporate tax related matters including corporation tax, VAT, WHT and stamp duty, transfer pricing, payroll taxes, banking taxes, operational taxes (CRS), international tax

Objective of the Function

The main objective of the UK tax function is to ensure that ABN AMRO UK discharges its
responsibilities towards internal and external stakeholders in an efficient and effective
manner for all tax related matters.

Results and Core Activities of the Role

  • Undertaking UK tax compliance work in an efficient and timely manner across corporation tax, employment tax and stamp taxes in line with statutory requirements and Group risk management governance, policy and procedures
  • Taking responsibility for monthly financial reporting of UK group entities' tax figures
  • Preparation of tax disclosures within UK financial statements and liaison with external auditors and colleagues in head office
  • Management of companies' tax positions in an optimal way, making tax elections as appropriate
  • Participation in advising and assisting the businesses and supporting functions in all tax related matters as agreed with the UK Head of Tax
  • Build relationships with UK businessess and strengthen business knowledge (banking and commercial finance)
  • Ensure that the UK's tax processes and procedures reflect changes to legislation, internal policy and changes to ABN AMRO's UK businesses
  • Ensure that ABN AMRO UK operates in a tax efficient manner subject to the Group's tax risk appetite
  • Keep up to date on UK tax technical changes and developments

Knowledge and Experience

  • ACA or CTA qualified tax professional with minimum of 1-2 years PQE in financial services
  • Knowledge of UK tax legislation and case law, (particularly corporation and employment tax)
  • Practical experience of preparing corporation tax (preferred) and employment tax (PSA) returns
  • Understanding of financial services products and tax matters associated with these andwider cross border activities including transfer pricing, thin cap, in-pat/ex-pat issues and WHT

Communication - Key Stakeholders

  • Internal Contact Frequency Role & Subjec
  • Local Finance Regularly Tax disclosures in MI and statutory reporting
  • Group Tax Regularly Updates, issue resolution, policy, ad hoc
  • External Contact Frequency Role & Subject
  • External Auditors Annually Statutory tax disclosures
  • External advisors As required Various