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Financial Services Remuneration & Reward Employment Tax Planning Specialist

Civil Service

Job Description

Job summary

Discover what its like to work in a compliance role that makes an impact. Could you help us shape a stronger, fairer future? Your next career move starts here.

At HMRC, we want everyone to feel welcome and valued. We aim to be a place where everyone can do their best work, regardless of their background. We offer flexible work options to help you fit work into your life, and we're always looking for ways to make HMRC a great place to work.

HMRC is one of the UK's biggest government departments. Almost everyone in the UK has some interaction with us. Each year, we collect over 800 billion from millions of people and businesses. This money helps pay for public services in the UK.

Large Business (LB) is responsible for over 2,000 of the largest businesses that pay a significant proportion of the total business taxes and duties that HMRC collects. Each business has a Customer Compliance Manager (CCM) who is responsible for managing the overall relationship with the customer and all aspects of the customers tax affairs.

Do you have expertise in financial services remuneration and compensation arrangements and their employment tax implications?

If so, HMRCs Large Business directorate has an opportunity for you.

We are seeking a specialist to lead the identification and challenge of complex remuneration arrangements within major UK and global banking and asset management groups, including structures that test the boundaries of Pay As You Earn (PAYE) and National Insurance Contribution (NIC) legislation. You will work at the forefront of HMRCs engagement with the financial services sector, influencing compliance strategies, resolving complex tax risks and shaping outcomes that protect the UK tax base.

Job description

This role focuses on tax compliance risks associated with high-value remuneration packages. You will bring commercial insight and technical expertise to analyse arrangements such as partnerships, share and securities awards, deferred compensation and regulatory frameworks.

You will play a key role by providing expert technical input to case teams, identifying emerging and novel tax risks, and steering the resolution of complex tax disputes including through to litigation where appropriate.

This includes the analysis of employment tax risks (PAYE/NIC) arising from complex remuneration structures, including but not limited to employment related securities (ERS), disguised & deferred remuneration, partnership and salaried member rules, and other arrangements designed to deliver remuneration outside of PAYE.

Your workload will be varied, consisting of collaborating across case teams to support risk assessment of potential cases, undertaking technical research, and working in partnership with senior colleagues to offer insights into sector-specific risks and commercial awareness. You will also contribute to knowledge sharing and capability building within the team.

You will work with key colleagues across the organisation including Customer Compliance Managers, employment tax & cross-tax regime specialists, accountants, and policy teams to deliver joined-up solutions. You will provide tax leadership and mentoring to colleagues, building capability in financial services remuneration and compensation arrangements.

Responsibilities

  • Provide technical leadership and support to case teams handling complex financial services remuneration and compensation employment tax (PAYE/NIC) issues and disputes.
  • Identify and assess financial services remuneration and compensation employment tax risks including arrangements that seek to exploit areas of uncertainty, test the boundaries of legislation or achieve remuneration outcomes outside the intended scope of PAYE and NIC legislation.
  • Undertake technical research and analysis to inform case strategy, risk assessment and compliance decisions.
  • Collaborate with senior specialists, Customer Compliance Managers and sector leads to progress complex and high-profile disputes.
  • Help shape and lead HMRC's response to some of the most significant and technically challenging financial services remuneration disputes. This can include supporting enquiries through to litigation where necessary, working closely with HMRC policy advisors, solicitors and Counsel to establish and defend HMRC's view of the law.
  • Identify emerging risks across the sector and work with policy, strategy and operational colleagues to develop interventions that improve compliance and protect the tax base at source.
  • Contribute to & lead team capability building through knowledge sharing and mentoring where appropriate.
  • This is a technical leadership role without line management responsibilities, but with significant influence and visibility across HMRC and the sector.

    Person specification

    The successful applicant will need to demonstrate relevant experience and effective delivery of the following essential criteria, as well as their qualifications.

    Essential Criteria

    Strong technical knowledge of financial services remuneration and compensation arrangements and planning including their employment tax (PAYE/NIC) implications.

    Ability to analyse complex issues and provide clear, evidence-based recommendations.

    Good communication and collaboration skills, with experience working across teams.

    Strong stakeholder management skills ability to work across a range of stakeholders both internally and externally.

    Commercial awareness and understanding of sector-specific risks.

    Further Location Information

    Please ensure that you only apply for a location that you are willing and able to work from, as we will only make one offer of employment. Any additional notes included in a Further Location Preferences (optional) field within the application form, will not be considered. Please be aware that you cannot change your location preference after submitting your application.

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