Overview

A tax business partner plays a senior role within organisations.

A tax business partner:

  • provides tax advice to internal and external stakeholders
  • manages relationships with tax authorities
  • works with internal teams to ensure the efficiency of an organisation’s tax liabilities, their responsibilities and how internal teams are managed.

Entry and progression

As a specialised, senior tax expert, a tax business partner will be a senior professional having entered the role at an associate or assistant level.

Roles for tax business partners exist in:

  • corporates
  • practice
  • financial services
  • shared service organisations. 

These sectors provide many entry points for those who wish to become a tax business partner.

ACCA develops the skills and knowledge required by forward thinking professional accountants, including tax business partners.

Exam options

For those who work as a tax business partner, or aspire to be a tax business partner, the most relevant exam options are:

Performance objectives

Remember it’s not just about exams. You need to have the right experience so that you are competent – you have the experience and knowledge – to start and continue your tax business partner career.

Performance Objectives (PO) which would provide great experience and must be signed off as part of the Practical Experience Requirement (PER) could include:

Competencies

High level competencies required by tax business partners include:

  • Tax Advisory

    A. Communicates knowledge of the operation and scope of the tax system, obligations of tax payer, and the implications of non-compliance and advises on tax planning.

    B. Advises ethically on strategic tax plans and computes the tax liabilities of individuals.

    C. Advises ethically on strategic tax plans and computes the corporation tax liabilities of individual companies and groups of companies.

    D. Explains and computes the effects of value added tax (VAT) / goods and services tax (GST) and indirect tax on incorporated and unincorporated businesses and advising appropriately.
     

  • Leadership and Management

    A. Applies appropriate leadership strategies to effectively deliver business objectives.

    B. Leads, motivates and manages people to optimise performance and effectiveness.

    C. Collaborates, supports and works to achieve the objectives of the organisation, harnessing appropriate digital technologies.

    D. Acts proactively and thinks strategically, in anticipating organisational needs, recognising the wider business environment and dynamics.

  • Stakeholder Relationship Management

    A. Positively develops relationships with internal and external stakeholders.

    B. Communicates and gains commitment from internal and external stakeholders.

    C. Uses emerging technologies to collaborate and communicate effectively with stakeholders.

    D. Applies professional and ethical judgement when engaging with stakeholders.

    E. Aligns organisational strategic objectives with stakeholder needs and manages expectations.