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Job

Tax Apprenticeship - Corporate International Tax - 2019

  • Location

    London

  • Sector:

    Business, Financial Services

  • Job type:

    School Leavers

  • Contact:

    BDO Early In Career

  • Contact email:

    earlyincareer@bdo.co.uk

  • Job ref:

    7612

  • Published:

    12 days ago

  • Expiry date:

    11-10-2018

  • Client:

    BDO UK

BDO LLP is an accountancy and business advisory firm, we provide integrated advice and solutions to help businesses navigate a changing world. Our clients are Britain’s economic engine – ambitious, entrepreneurially-spirited and high growth businesses that fuel the economy.

We share our clients’ ambitions and their entrepreneurial mind-set. We have the right combination of global reach, integrity and expertise to help them succeed.
BDO LLP operates in 18 offices across the UK, employing 3,500 people offering tax, audit and assurance, and a range of advisory services. BDO LLP has revenues of £405m and is the UK member firm of the BDO International network.

BDO gives graduates all the training they need to attain their professional qualifications, along with extensive practical experience that includes on-site client work. The firm provides constant support to help you achieve your potential.

Achieving my potential’ is BDO’s organisational framework. It is made up of 4 key elements – core competencies, technical competencies, values and attitude. In essence, what you do and how you do it.

Overview

A BDO client will generally have some short – term goals and a long- term vision- But standing in their way will often be a number of tax-related issues. Our Job is to act as guides through the complex, ever- changing landscape of tax legislation, to help our clients get where they want to be by the most effective route. 

To do this, we must offer many different tax services. These include day-to-day compliance with the tax authorities, advice on employment taxation and international tax, transaction support for deals such as mergers and acquisitions, VAT services, expatriate tax advice and more. Such a diverse offering means we need similar variety in our team. We need specialists who can handle the most technically challenging and sector-specific issues, we need versatile and people-focused individuals who can field a wide range of questions from large owner-managed businesses, and we need brilliant innovators who can work on tailored solutions to address a client’s specific circumstances.

Our Corporate International Tax and Transfer Pricing teams are based in London and together form the foundation of our international tax offering to multinational enterprises across a variety of business sectors, from early stage businesses taking their first steps into or outside the UK, to global businesses with complex operations and structures all over the world.  

Corporate International Tax

A role within this team would provide an opportunity to learn about all aspects of UK business taxation and to gain exposure to a range of international tax issues including the expansion of businesses overseas, minimising the overall tax burden on those overseas companies, tax issues arising from the repatriation of profits back to the UK, consideration of foreign exchange and withholding tax issues, and the changing international tax landscape following the release of the OECD’s Base Erosion and Profit Shifting (BEPS) Actions in October 2015. A role in this team will also provide an opportunity to be involved in projects for advising businesses on the UK and overseas cross-border mergers and acquisitions as well as internal corporate reorganisations.

Transfer Pricing

Transfer Pricing is a specialist area within international tax and an increasingly important tax issue for multinational businesses and tax authorities alike. Transfer Pricing looks at how transactions between related parties are priced as tax authorities will require businesses to price their related party transactions in accordance with the arm’s length principle set out by the OECD. BDO’s Transfer Pricing team is therefore a specialist team within our wider Corporate International Tax team which works closely with businesses to help design transfer pricing policies that are commercially effective for the business and supportable from a tax perspective, and to prepare documentation to support the policies in place.

BDO’s transfer pricing work is project-based and projects typically look at the ways in which businesses structure their operations, financing, and the development and management of their intellectual property. A role within this team would provide an opportunity learn about international transfer pricing principles and also to gain insight to how a business operates, structures its financing, develops and manages its intellectual property.

As a Tax Trainee your Programme you will spend 1.5 years working in the business while studying for your CFAB qualification
After this you will go on to study towards the joint ACA (Institute Chartered Accountants in England and Wales) and CTA qualification.

Business Area Overview

Corporate International Tax

  • Becoming a designated team member for a number of clients, supporting the manager, director and partner on each client team, and assisting with the day-to-day management of the relationships with these clients.
  • Managing the UK corporation tax compliance process for a portfolio of clients which will include preparing UK corporation tax returns and liaising with the client and the client’s auditors to obtain the relevant information for the returns.
  • Supporting managers and directors on international tax advisory projects by researching particular UK and overseas tax issues, drafting sections for tax advisory papers, co-ordinating input from BDO International member firms regarding overseas tax issues.
  • Assisting with the preparation of tax clearances (eg withholding tax clearances).
  • Researching new pieces of UK tax legislation as well as international tax developments, and sharing relevant updates with clients.
  • Supporting managers and directors with the preparation of proposals and tender documents for new business opportunities.
  • Communicating with HMRC on behalf of clients.
  • Helping with the client take-on procedure when new projects are won.

Transfer Pricing

  • Supporting managers and qualified members of the team with the day-to-day running and co-ordination of transfer pricing projects – this includes preparing information requests, setting up and attending meetings and conference calls with clients, preparing project timelines, and reviewing the budgets for projects. 
  • You will attend ‘functional analysis’ meetings with clients in order to obtain an understanding of the key functions, assets and risks of a business. At these meetings you will be expected to take detailed and comprehensive notes, and develop an in-depth understanding of clients’ businesses. 
  • Drafting transfer pricing documentation for clients – this can range from a short memorandum to a full transfer pricing report, which includes looking at the wider industry in which a client operates, and understanding their business value chain. This work will require strong written skills, as well as the ability to understand and coherently summarise information. 
  • Undertaking economic analysis to determine and support transfer pricing policies – this will include conducting benchmarking studies using third party data and reviewing intercompany agreements, customer contracts. Benchmarking forms part of our economic analysis, looking at the results achieved by third parties performing similar activities and comparing them to the results of intercompany transactions. 
  • Helping with the client take-on procedure when new projects are won.

Requirements

Candidates must have, or be on course for the following grades (or international equivalent):

  • 3 A Levels at grades A*- C, excluding General Studies and Extended Projects
  • A*- C at GCSE in Maths & English Language

We are looking for candidates who possess strengths which are aligned to: Business Thinking, Collaborating, Innovation and Change, Communicating, Developing Self and others, Decision Making.