2017 Intake – Summer Intern – Tax

EY Published: 05/10/2017

Description

2017 Intake - Summer Intern - Tax - Reading - REA000IR

Tax touches every aspect of our lives and is one of the largest items of expense any organisation or individual has to consider. On top of that, current issues such as the reform of international taxation, tax transparency, and the way in which we and our clients are using disruptive technology mean that there has never been a more exciting time to start a career in Tax.

Our tax professionals help clients in the UK and overseas meet complex demands for tax reporting, compliance, planning and tax controversy; they look to us to help create value and achieve sustainable outcomes. A career in tax will give you the opportunity to work with clients ranging from high net worth individuals to major high street banks; from disruptor start-ups to iconic worldwide organisations. You’ll acquire broad, deep, tax and business skills to advance your career.

You can choose to focus in one of five areas across our business acquiring a broad experience across a range of different service offerings, which include:

Direct Tax UK & Ireland

We help clients fulfil their tax obligations, taking into account the prospect of change. We work with organisations and individuals to structure transactions and operations in a tax-effective manner, mitigate tax risk and comply effectively with tax laws. From day one you can be working on projects varying from tax compliance to advising on the tax-structuring and transfer-pricing implications of UK and international operations.

Indirect Tax UK & Ireland

You’ll work with a wide diversity of businesses and during your training contract you will be given the opportunity to advise on many aspects of indirect taxation. You'll be talking directly with clients and developing both your client relationship and tax technical skills in relation to taxes on consumption, manufacture and trade: mainly VAT, but also customs duties, excise duties, Insurance Premium Tax, Air Passenger Duty and a range of environmental taxes. You'll also be dealing with HM Revenue & Customs, other government departments and the EU Commission on behalf of our clients.

Direct Tax Financial Services

You’ll help our clients negotiate all stages in their commercial lifecycle. From advising start-up Asset Managers on the most efficient way to structure their business from a tax perspective, producing a technical paper covering various jurisdictions on the implications of a high profile banking transaction or merger, through to working with clients to develop a sustainable model to meet the many tax reporting and compliance obligations resulting from operating in the contemporary business environment; there is a huge range of work for our people to be involved in, and areas of work to suit all types of individual and skillset. You’ll focus on three key sectors: Banking & Capital markets, Wealth & Asset Management, and Insurance.

Indirect Tax Financial Services

You’ll work with a wide diversity of businesses and during your training contract you will be given the opportunity to advise on many aspects of how indirect taxation impacts organisations. You'll be talking directly with clients and developing both your client relationship and tax technical skills in relation to taxes on consumption, manufacture and trade: mainly VAT and IPT, but also customs duties, excise duties, Air Passenger Duty and a range of environmental taxes. You'll also be dealing with HM Revenue & Customs, other government departments and the EU Commission on behalf of our clients.

Transfer Pricing Financial Services

You’ll be analysing various industries, companies and processes to determine where value is created and how business activities are rewarded. And ultimately the work you do will influence how transfer prices are set within the client’s organisation, and how the client’s transfer-pricing policy is presented to the tax authorities.

 

 

What will I be doing?

 

Client work will be very varied and includes technical research into areas of tax legislation, commercial research into new clients, attending and taking notes of client meetings and calls, as well as reporting writing and meetings with other EY colleagues.

 

What support and professional qualifications will I receive?

 

All Tax graduates have to study for a professional qualification as part of their contract, with most studying for a Chartered Accountancy qualification with ICAS or the Chartered Tax Advisor qualification with CIOT.

 

You’ll also benefit from informal technical training sessions to discuss new legislation with your team – a great opportunity to learn from senior people, and a counsellor who will oversee your formal career development and help you reach your career goals.

 

What do we look for?

 

In order to meet these challenges, our advisors need great research and analytical skills to understand and stay on top of the law, a commercial mind-set to understand our clients’ businesses, and outstanding communication skills to build and maintain client relationships.

 

You don’t need any formal tax, accounting or finance knowledge. What you need is to be analytical and able to communicate your analysis logically. All our work is performed in teams and so we are looking for people who are good team players.

 

Building strong relationships with clients, tax authorities and EY colleagues is essential, so we are looking for people with excellent inter-personal skills. Not least, you’ll need to be resilient and hard working to get through the tough professional qualifications.

 

Entry requirements

 

Summer Internship Programme – To be eligible for our Summer Internship programme you should be studying for an honours degree and be in your penultimate year. If you have graduated with an honours degree and are due to complete a 1-year Masters degree from September 2017 or have a planned gap year, then you are also eligible to apply.

 

Internship Dates

Summer Internship scheme 1: 6 weeks commencing at the beginning of July

Summer Internship scheme 2: 4 weeks commencing in early August

 

What working at EY offers you

 

We offer a competitive remuneration package where you’ll be rewarded for your individual and team performance. Our comprehensive Total Rewards package includes support for flexible working and career development, and with FlexEY you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions. Plus, we offer:

 

  • Support and coaching from some of the most engaging colleagues in the industry
  • Opportunities to develop new skills and progress your career
  • The freedom and flexibility to handle your role in a way that’s right for you

 

About EY

 

As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. So that whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.

 

Diversity at EY


At EY we are committed to bringing together the right candidates to create the high performing teams that provide our clients with the exceptional service they expect. We welcome applications from candidates of all backgrounds, abilities and experiences, creating a rich and diverse culture here at EY – one that can help you learn, develop and shape your career. See how we are making this happen at EY - http://www.ey.com/UK/en/About-us/Our-people-and-culture/Diversity-and-inclusiveness/Diversity-and-inclusiveness

Changes to our Selection and Assessment Process


If you need any changes to be made to the process for a reason related to a disability or long-term health condition please let us know on the dedicated section on our application form. To speak to our team before you apply or at any time across your application please contact eystudentrecruitment@uk.ey.com or on 0800 289 208.  This will allow us to provide support to you throughout the recruitment process and when you join the organisation.

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