Tag Archives: Tax

A Day in the Life of a (Trainee) Tax Investigator – Anusha

Anusha

Hi, I’m Anusha and I recently joined the National Tax Investigations team in our London Euston office. When considering which team I wanted to join, Tax Investigations appealed to me as it offers diversity across the taxes (e.g. Corporation Tax, Income Tax, VAT, etc.) and provides on-going challenges as HMRC continues to tackle tax evasion and avoidance. Read this post

Takeover 2016: Our Summer Internship experience in Reading

As part of our development and goal setting as interns, myself, Rebecca and Stephen decided to write a blog expanding and reflecting on our experience of joining Grant Thornton for 6 weeks over the summer. We all agreed that Spilling the Beans was an extremely useful tool in finding out information about the application process and made the whole experience easier. Because of this we decided to try and give something back to the Spilling the Beans community and to help provide information to potential future interns about what being an intern at Grant Thornton actually entails…

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Takeover 2016: Away Day at the Velodrome

Hi all! I’m Jess and I’m an intern in the Entrepreneurial and Private Client tax department at the Euston office.

A few weeks ago the tax and audit London interns, along with the full time members of their respective departments, were invited to spend the day at the Lee Valley Velodrome for the Audit and Tax Collaboration Day. And what a day it was! I can honestly say I never thought I’d be able to call my office the middle of the Olympic cycling track, where so many gold medals were won for Great Britain…

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Tax Diaries – A second year associate’s insight

The recruiting season is coming to an end here at Grant Thornton. Congratulations to all of you who have accepted graduate offers and will be joining us in September, and we’re also looking forward to welcoming interns on July 5th in London for the Intern conference.

This is a good time to give an update on what I am up to, and an insight into being in your second year in tax. Just as a reminder, I joined the graduate scheme in September 2014 in the Real Estate tax team in London. I’m part of a large group of previous interns who accepted offers to join the graduate scheme.

Second year is a big step up in terms of responsibility, workload and making connections. Let me give you an idea of my diary over the last few weeks……

Mid-April I went back to college for the next stage of professional exams (ACA) for Business Planning Tax. Studying Accounting and Financial Management at the University of Surrey meant that I took a few exemptions including two at professional level, so not as much pressure this time as when I sat the last three exams at the same time back in December (glad to say I passed!). This time I was in a new class with a mixture of firms. Personally, I like this as I’ve made new friends from different firms where we can share our experiences and network.

The next week was a mixture of working from home, at a client or in the office. Compliance season for tax provisioning is kicking off. Auditors require the accounts to include a deferred tax figure and, therefore, we have to prepare the tax returns using draft audit figures followed by the deferred tax calculations for each entity. I spent a day with the auditors on site obtaining information needed for the tax analysis. An additional complication this this year is the transition from UK GAAP to IFRS, requiring both audit and tax adjustments and extra time to allow for this. This is definitely one of my most complicated and demanding clients, needing as to work very hard as a team to get everything done by our deadlines.
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Tax Diaries – A first year associate’s insight

Mini-series alert! We are going to provide insights into the diaries of three Grant Thornton employees who work in tax. We start off with Alex, a first year tax associate. Later on in the week we hear from a second year tax associate and finally from an executive. We hope to provide you with more detail on what you may be doing as a graduate here and see the progression through the years.

I am going to begin this blog with a slight disclaimer – this is the first time I have ever written a blog and thus cannot be held responsible for the following prose should it not be as informative, entertaining, funny, and thrilling as you expected when you first clicked on it.

Now that we have cleared that up, I should probably introduce myself. My name is Alex and I am a first year Associate within Grant Thornton’s property tax team based in the Euston office in London. I grew up in Bath and after studying Politics at the University of Leicester, I moved to London. I originally worked within the recruitment industry for two years before deciding on a career change and joining the team here at Grant Thornton. I am studying towards the ACA qualification and have just completed the first six certificate level exams.

The purpose of this blog is to give you an idea of what the life of a first year associate in one of Grant Thornton’s tax teams is like so I thought I would pick apart my diary from the last month or so.

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National Apprenticeship Week Part 2 – The Grant Thornton Experience

In part 2 of our National Apprenticeship Week blogs, we hear from Declan who obtained a permanent position at Grant Thornton through an apprenticeship.

Whilst at school I decided I wanted to work in accountancy and an apprenticeship would be the best way into the sector. Finishing school, I got in touch with an apprenticeship agency, City Gateway. City Gateway provides prospective apprentices with support in preparing for, and accommodating the facilitation of, apprenticeships. It was through City Gateway I found out about Grant Thornton and the apprenticeship they had to offer. I applied, and was successful for the role, and my journey with Grant Thornton began.

Upon arrival at the office, the team secretary greets me. She brings me to my people manager to be. “Hello James, it’s a pleasure to meet you” he says shaking my hand. “Likewise, but my name’s Declan?” I quite nervously utter. A burst of laughter soon surrounds us as we all realise I am standing in the wrong team.

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