Taxation expert

Taxation expert - overview

As a taxation expert, sometimes called a tax adviser, you’ll use your knowledge of tax law and numerical skills to help corporate or individual clients make sure they’re paying the right amount of tax. Here you can find out more about this role and what you can study or do to get work in this field.

Learn what the role involves below.

What does a taxation expert do?

Working as a taxation expert usually means being employed by a company to make sure that they’re paying enough tax while taking advantage of all the benefits and exemptions available. You might work with individual or small business clients instead, using your knowledge of taxation to help them operate.

Working with clients or other financial professionals, you might give advice on how to best structure the business or manage financial records to minimise the tax paid while complying with tax laws. You could also prepare tax returns, gather data around business activities and run calculations. As an analytical and maths-minded person, you’ll enjoy helping your clients save money.

What will your days involve?

Daily tasks will vary but could involve:

Discussing financial situations with clients
Collecting data on revenue and costs to calculate tax
Completing or checking tax submissions
Auditing tax records
Helping clients understand tax law
Finding tax savings and efficiencies
Reporting and presenting your findings
Working with HMRC for your client
Keeping up with changes to tax law

FAQs

How much can you earn as a taxation expert?

The average salary for a taxation expert in the UK is £48,880.

Does a taxation expert role involve travel in the UK or overseas?

Travel within the UK is common for taxation experts who regularly meet with clients. There may be opportunities to work abroad or travel overseas, especially for senior management.