Trust and Tax Assistant job at London Full Time NEW

We have an exciting new opportunity for a Trust And Tax Assistant to join a highly respected financial services team based in the heart of London. This is a well-rounded role combining trust administration, client interaction and tax technical exposure. We are looking for candidates with experience in private client tax and exposure to trusts.

TRUST ADMINISTRATOR

Salary: £45-50k
Location: Piccadilly, London

Hybrid: 3 days in office, 2 days WFH

This role offers you the chance to work with a diverse portfolio of Family and Charity Trusts, where your expertise will be valued and your professional growth supported. You will play a pivotal part in ensuring the smooth running of trust administration and compliance functions, including preparing accounts, managing tax returns, and handling beneficiary payments. The organisation is committed to fostering an inclusive and supportive workplace. If you are looking for a role that combines responsibility, variety, and the chance to make a real difference in clients’ lives, this could be the perfect next step in your career.

What you’ll do:

Day-to-day Administration of Trusts and Estates, including:

• Preparing and processing payments
• Managing income distributions to beneficiaries, including coming-of-age payments, transfers, and ongoing monthly/quarterly distributions
• Implementing updates to pension payments and completing relevant documentation (including R185s)
• Preparing beneficiary R185s
• Drafting correspondence with clients, stockbrokers, and other professional parties
• Preparing documentation and coordinating the distribution of trust funds when beneficiaries become entitled
• Producing cashflow reports as required
• General administrative duties, including setting up and maintaining files

Trust & Estate Tax and Accounting:

• Supporting the preparation of trust accounts and tax returns
• Producing CGT “what-if” calculations and assisting with IHT charges (including exit and 10-year charges)
• Completing and submitting HMRC forms
• Assisting with general trust administration, including income calculations, distributions, and cash management
• Calculating capital gains tax liabilities and preparing holdover relief claims
• Preparing income tax claims to reduce payments on account
• Keeping up to date with relevant tax legislation and applying new rules where appropriate

What you bring:

• Experience within private client tax/ trust administration
• A solid understanding of trusts and beneficiaries
• Good working knowledge of trust tax, with the ability to interpret and apply relevant legislation
• Experience using CCH products (Trust Accounts, Central, Accounts Production) is desirable
• A proactive approach to developing technical knowledge through on-the-job learning and professional development
• Knowledge of US tax would be advantageous, but is not essential
• Strong attention to detail

What’s next:

If you are ready to take your career in trust administration to the next level, please submit your CV!

Robert Walters Operations Limited is an employment business and employment agency and welcomes applications from all candidates