TTPP101: Success in Senior Private-Sector Tax Roles After 20 Years in HMRC with Thomas Wallace Artwork

The Tax Professionals Podcast

This podcast helps tax professionals, typically by helping you become a better tax professional, helping you pass the ATT and CTA exams, or helping you decide what you want to do with your tax career.

Episodes are released bi-weekly, released on Mondays, and include a mix of solo and guest episodes.

Jack Bonehill, CTA, hosts the podcast. He's an employment tax specialist, working in the area since 2015, and won Tolley's Taxation's Rising Star award in 2023.

Website: https://www.thetaxprofessionalspodcast.com/

Subscribe: https://www.thetaxprofessionalspodcast.com/subscribe/

Tax Skills Masterclasses: https://www.thetaxprofessionalspodcast.com/masterclasses/

Sub Series: Tax Career Success Secrets, sharing the secrets behind tax-career success, and Tax Role Insights, giving you an insider's view into the different available tax roles.

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The Tax Professionals Podcast

TTPP101: Success in Senior Private-Sector Tax Roles After 20 Years in HMRC with Thomas Wallace

May 20, 2024 • Jack Bonehill

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Show notes: thetaxprofessionalspodcast.com/TTPP101

Masterclasses for Tax Professionals (Tax Research and Tax Advice): https://www.thetaxprofessionalspodcast.com/masterclasses/

Subscribe: thetaxprofessionalspodcast.com/subscrib

Take control of your career progression free course: https://documents.thetaxprofessionalspodcast.com/freecourse

Rough timings

A bit about Thomas and his tax career, and what spurred him to leave HMRC after 20 years
(8:30) Why Thomas believes he’s been successful in his senior role, straight from HMRC
(11:00) Commercial awareness: an area where Thomas lacked when he first left HMRC, what he means by commercial awareness and how he addressed the shortfall
(16:15) Discussion around critical thinking and its importance
(17:45) Thomas’s technical knowledge when he left HMRC – was it good enough?
(23:00) What Thomas has learnt about business development (BD), winning clients and winning work since leaving HMRC
(28:00) Key skills to do well outside HMRC
(38:15) Thomas’s advice for someone that’s thinking about leaving HMRC

Resources

TTPP62: Making the Move from HMRC to Private Practice with David Rose – His Story and Advice