Contact Us About Us
UK Career Advice

Tax Analyst: Key Skills, Qualifications and Career Path

Career Overview
Interview Questions

What is a Tax Analyst?

A Tax Analyst is a professional who specializes in interpreting tax laws and regulations, helping individuals and businesses understand their tax obligations and finding ways to minimize their tax liabilities. In this role, you would be providing valuable guidance on various tax issues, analyzing financial data, and ensuring compliance with the UK's complex tax system.

How do I become a Tax Analyst?

A Tax Analyst is a professional who specializes in interpreting tax laws and regulations, helping individuals and businesses understand their tax obligations and finding ways to minimize their tax liabilities. In this role, you would be providing valuable guidance on various tax issues, analyzing financial data, and ensuring compliance with the UK's complex tax system.

What would you like to know?

What does it take to become an Tax Analyst?

Skills, education, personality, career progression

Job demand for an Tax Analyst

Job ads, popular location, season to apply



Skills

  • Strong knowledge of tax laws and regulations in the UK
  • Analytical and problem-solving skills
  • Attention to detail and accuracy
  • Ability to interpret financial data and reports
  • Excellent communication and interpersonal skills
  • Proficiency in using tax software and tools
  • Time management and organizational skills
  • Ability to work independently and as part of a team
  • Flexibility and adaptability to changing tax laws and regulations
  • Continuous learning and professional development

Qualifications & Education

  • Entry with GCSEs/S grades or a BTEC/SQA award
  • Possession of a degree or equivalent qualification
  • Professional qualification in accountancy or taxation
  • On-the-job training for approximately four years

Career Path

Tax Analyst
Tax Manager
Tax Director
Chief Tax Officer
Senior Tax Analyst
Tax Consultant
Tax Partner
Tax Accountant
Senior Tax Accountant
Tax Manager
Transfer Pricing Analyst
Transfer Pricing Manager
International Tax Analyst
International Tax Manager

Frequently Asked Questions

What does a tax analyst position do?

A tax analyst specializes in reviewing tax liability and tax practices for a company. They maintain current knowledge of federal, state and local tax laws and codes, assist with company tax filings, monitor compliance with tax codes, and identify opportunities for tax savings.

What does an EY tax analyst do?

An EY tax analyst in the UK calculates taxes owed by companies, processes and files tax returns, analyzes tax policies for compliance with the law, stays up to date on tax laws, and oversees audits.

Next: Interview Questions »