Tax & Trusts Manager

Opportunity in an Independent Law firm.

The firm is seeking a Tax & Trusts Manager responsible for managing a diverse portfolio of trusts, assisting in estate administration, and ensuring adherence to applicable regulatory standards. The position involves close collaboration with the Team Principal and colleagues within the Tax & Trusts division.

Key Responsibilities

The main duties of this role include:

• Administering a portfolio of trusts on behalf of the firm's trustee clients.
• Ensuring timely completion of trust income tax, capital gains tax, and inheritance tax returns during the compliance period.
• Preparing annual trust accounts using specialized accounting software.
• Managing routine trust administration tasks, including communication with trustees and professional advisors.
• Preparing and submitting returns for FATCA and CRS, when necessary.
• Filing Trust Registration Service (TRS) submissions and handling complex estate filings.
• Drafting trustee minutes and resolutions.
• Conducting quarterly assessments of trust fund investments and providing reports to trustees.
• Promoting trust and tax services both within the firm and to external clients.
• Engaging with existing clients to identify and expand business opportunities.

Candidate Profile

The ideal candidate will have:

• Solid experience in trust administration, including preparation of trust and personal tax returns, as well as inheritance tax documentation.
• Proficiency in the preparation of trust accounts.
• Strong interpersonal skills, with experience liaising with HMRC and third parties, such as banks, land agents, and stockbrokers.
• A thorough understanding of inheritance tax (IHT) and trust-related tax planning.
• At least two years of experience in personal tax and trust administration.
• Familiarity with accounting practices.
• Relevant professional qualifications, such as STEP, ATT, or ACCA, are advantageous.