- Talentpool Selection
About In House Tax

About In House Tax

This weblog is a news and views site for tax professionals within the UK and international in-house tax community.  You will find information about appointments and people moves in and around the in-house tax market, issues affecting the in-house tax professional, opinions on the state of the tax job market, updates on tax technology, and other general thoughts of the day.

Hope you find it useful.

My Photo
Location: St Albans, United Kingdom

This site has been developed by Simon Godley, who also runs the niche tax recruitment company Talentpool Selection . Simon spends a lot of his time placing tax specialists into FTSE companies, large in-bound groups and some professional services organisations. He also recruits and is well networked around the UK tax technology and VAT markets.

Tax News

Tax Technology Newsletter

Friday, 27 July 2012

There's going to be a new e-newsletter coming soon, dedicated to the global Tax Technology market area.  This may be a niche specialist field, but it's a rapidly developing one and becoming more core to the tax compliance, risk and accounting area.

This newsletter will be tracking this development, and will feature one-to-one interviews with leading operators in the sector, news about appointments in the market, and other news and information relevant to the tax technology world and people in it.  It's going to have international coverage, not just what's happening in the UK.

To sign up to receive your free edition, please follow this LINK

We hope you find it useful.
posted by Simon Godley

Tax Director of tomorrow

Thursday, 26 July 2012

Simon Godley, Director of Talentpool Selection, recently took part in a roundtable discussion hosted by the ACCA and Thomson Reuters.  The discussion topic was on the role of the Tax Director of tomorrow, and factors around the broader economy and within business that may change this.

This was a very interesting and stimulating discussion on issues that are very real today, so please click HERE to read the whole article.

posted by Simon Godley

Why do we pay tax?

Friday, 6 July 2012

By guest blogger Ian Nuttall

In case you hadn't heard, Jimmy Carr has been in the news recently when it was revealed that he used a Jersey based tax scheme known as K2 to pay as little as 1% tax on his £3.3m earnings.
It was all perfectly legal and had been confirmed with HMRC, but David Cameron attacked the comedian and called the tax avoidance scheme used by Carr "dodgy".
Anyway, it got me to thinking about how much tax I pay and it lead me to this survey by Money Saving Expert. At the time of this post, 56% of all people voting said that they would push their tax savings as far as possible, using legal loopholes like Jimmy Carr did.
Personally, I love paying my taxes and actually wish I could pay more. Here are just a few good reasons to pay as much tax as possible:
  • It's good for the economy. We're in a recession and banks are having their credit ratings cut left, right and centre. If we all paid a bit more tax, it could give the economy the boost it needs to get out of this dip.
  • It helps people. Our taxes always go to good use and help local communities, charities, unemployed workers and more. It's a great alternative to giving money to charity.
  • It sets a good example. If we all start paying as much tax as possible, it might be the incentive stars like Jimmy Carr, Gary Barlow and Wayne Rooney need to start paying their fair share as well.
  • It helps the government. By giving more money to HMRC, it helps the government out because they won't need to chase companies like Vodafone to pay their £6bn tax bill!
  • It's patriotic. Avoiding tax through legal loopholes is unpatriotic and does our country a disservice for all the benefits given to British residents - like healthcare, tax credits and political asylum.
  • It stops the rich leaving the country. If all normal, hardworking folk are paying more tax, it means that the rich people can pay a little less, which in turn stops them from taking their money out of the economy for a more tax-efficient location.
All in all, I think that by paying more tax it is a win-win for everybody. We get a government that invests our taxes into making sure the trains run on time, the schools provide an excellent education to our children, the streets are kept clean and the unemployed are able to survive until they can find a job.
With all this press, there are dozens of articles about tax avoidance and legal loopholes for reducing your taxes but I think the way forward is to utilise the 51% more accountants we have in the UK since Labour came into power and find ways that we can increase our tax liability for the greater good - the UK and global economy.
Whether or not you agree with the idea of paying more tax, I'd be interested to hear your thoughts.Tweet this article and share it on Facebook/Google+ using the buttons on the left and let's see whether we can make a real change in the way we perceive taxes.
Who knows, maybe this could also prevent the endless strikes by doctors, bus drivers and firemen because the government will be able to afford to lower their pension age, increase their salary and give them better retirement incomes. Once we've got all of that sorted, we can start looking towards paying more fuel tax and then we'll really see a boost in the economy!

This article is by Ian Nuttall from Debt Consolidation.  For more information, click through to his site here.

Labels: , , , ,

posted by Simon Godley

VAT Accountants - consider a new career direction

Tuesday, 3 July 2012

We are currently actively looking to speak to VAT compliance professionals - either working for large multinationals and/or with international VAT / Intrastat compliance experience, or at Consultant / Senior VAT Consultant level in a Big 4 / Top 10 firm in the London area.  Great opportunity to move away from doing VAT compliance and to be part of a leading tax technology firm in a research capacity.  
VAT Research Analyst / Senior Analyst
London | £30,000 - £45,000, depending on level of experience
Our client is a leading provider of tax systems and technology solutions.  This is an expanding international business, offering very attractive opportunities for those interested in pursuing a career in tax/IT systems.
A new opportunity has been created to join the company within the tax content / research team, and to have a focus on VAT & Indirect Tax technical research.  Reporting to a Manager, and having liaison with sales, software developers and implementations experts, you will be responsible for researching and interpreting VAT rules and legislation in a variety of countries across the EU and into Asia / Latin America.  You will need to apply excellent and creative research skills to analysing and understanding how VAT operates, and to keep abreast of changes in tax law.  You will also conduct presentations on tax compliance rules and be involved in other special projects.
In terms of suitable backgrounds and to fit with this role, you will ideally have experience in VAT / indirect tax compliance, either gained in a professional services / large tax services firm or as an in-house VAT compliance analyst, preferably with a large international organisation.  You will have been involved in researching VAT rules within your role, possibly using research tools such as IBFD or Tax Analyst.  Ideally you will also have a tax/accounting qualification, or be part-qualified ATT/CTA/ACCA or overseas equivalent.  In addition, you will be a self-starter, able to work independently with minimal supervision and with a desire of analysing detail.
This is a fantastic opportunity as a first move into the growth field of international tax systems, offering a solid forward career track for strong performers.
Applications are very welcome from VAT professionals in international locations, although you will be fully eligible to work in the UK.
For more information, please get in touch confidentially with Talentpool Selection 

Labels: , , , , , , ,

posted by Simon Godley

If you are someone who is involved with recruitment within the tax field (eg Head of Tax, Head of Finance or HR Adviser) and would like to receive our quarterly in-house tax newsletter Talentpool Extra, please fill in your details below:

Your email address will not be passed on to third parties.