About the Standard

The broad purpose of the occupation is to prepare, co-ordinate and implement tasks that support the creation of taxation returns and their supporting documentation and statements. Professional taxation technicians apply their technical knowledge and skills to specific tasks within a taxation team. Tasks may include supervising junior taxation assistants and others to deliver processes that meet stakeholder needs as required by government tax regimes. They may also assist senior tax advisors, accountants, management and other stakeholders by providing timely financial and taxation data and reports. They ensure compliance with internal controls regarding the reporting of taxation. This includes tasks that involve interactions with His Majesty's Revenue and Customs (HMRC), applying legislation and complying with regulations, ethical and professional codes.

In their daily work, an employee in this occupation interacts with a wide range of internal and external stakeholders. This could include junior colleagues, senior managers, clients and customers, suppliers, lenders, government agencies and auditors. They take a risk-based view of transactions and data to identify key tax risks and help to mitigate those risks. A Professional taxation technician will work alone as well as in, or supervising, a team. A typical day could include being in an office overseeing data entry into government tax returns and supporting documentation, tax reconciliations, identifying and pursuing overpayments and repayments of tax and forecasting and reporting on tax liabilities both outstanding and likely to arise. They may be involved in researching and resolving taxation problems. It is essential that people in this occupation are comfortable using digital tools and keeping up to date with changes in the occupation.