An intern’s view: joining C+T’s entrepreneurial tax team

This post is part of our Entrepreneurial team’s regular series of blogs.

As my pandemic-affected third year of university entered the spring of 2021, I was delighted to receive an offer from Chiene and Tait (C+T) to take up an intern role in the Entrepreneurial Tax team over the summer. It had been an extremely strange year and it was refreshing to have such an exciting opportunity to look forward to.

While studying for my accountancy and finance degree at the University of Glasgow, I first came across the subject of tax in second year and was intrigued at the widespread implications this sector of accountancy has for virtually every company. However, I had no idea the depth and variety the tax sector had to offer.

My time at university studying taxation, and accountancy and finance in general, helped prepare me to some extent for my time at C+T. However, one of the most enjoyable aspects of my internship has been learning the various niche complexities and applications of entrepreneurial tax that I had no exposure to in my studies at university. From the very first team meeting on my first day, I was introduced to schemes such as the Enterprise Investment Scheme (EIS) and Enterprise Management Incentives (EMI).

It was exciting to get involved immediately in schemes and concepts I had little knowledge of beforehand and a good portion of the work I completed at C+T has revolved around these schemes, particularly EIS. I have become familiar with the entire EIS process and have enjoyed working through this process from advance assurance, a way of confirming with HMRC that a company and the proposed investment would likely meet the EIS conditions, all the way to sending out the EIS3s, the forms which allow investors to actually claim relief.

The nature of both of the aforementioned schemes are designed to give young, exciting companies aid in achieving their goals and working with these companies has definitely been another highlight of my internship. Many of our clients at C+T are growing companies that have ambitious visions and it is exciting to be able to support these companies as they make significant steps along their journey.

As an intern, I had a unique point of view of the team and, as someone who has never experienced full time work in an office, it was incredibly insightful learning how all the different teams function and the differing qualities required to flourish in each team. Despite working from home, I was blown away by the supportiveness and friendliness within our entrepreneurial team. Any time I needed help or support from anyone it was readily accessible and this has made what was initially a daunting experience – starting an internship from my make-shift bedroom/office – an extremely enjoyable experience and allowed me to absorb as much as I possibly could during the last few months.

I was able to get involved in a good portion of the work from my first day with the team and this allowed me to learn the best way – on the job. This was perhaps the most enjoyable aspect of my time at C+T as I was able to get stuck into the work and learn as much as possible in my time here. I learned a lot about the dynamics of working in a team and the importance of a positive culture and strong working relationships; all of this is present at C+T and is one of the main reasons why I enjoyed my time at the firm so much.

I am looking forward to spending more time consolidating my knowledge of the work I have already done and continue learning regarding other aspects of work here at C+T. My time here has given me a fantastic insight into working in a high-functioning team and whetted my appetite to learn more and work in this kind of environment in the future.

Interested in joining our team? See our vacancies here.

A Graduate Journey: From Lockdown Graduation to Entrepreneurial Tax

This post is part of our Entrepreneurial team’s regular series of blogs.

Looking back to the 26th of March last year, I was a quarter of the way through my third year at university when the country was plunged into its first lockdown. The beginning of the pandemic changed many things in my life, as it did for everyone else. Daytime outings turned into zoom quizzes (which I’m sure everyone is fed up with now), and university completely changed in a matter of days. Long gone were the days of going to a lecture in a theatre; instead you could tune in from the comfort of your own home. Then came the news that exams would take place online (to every student’s delight). Completing exams in my bedroom was a surreal experience considering that, for the previous five years, I’d been doing them in large halls with invigilators watching my every move. Instead, the only concern I had – other than the paper itself – was making sure that I didn’t get unwanted visitors whilst trying to complete it.

Heading into my fourth year, I began to think about what my career after university would look like. The pandemic created uncertainty for every student in their final year. Graduating in what would become one of the worst economic periods in history presented me with anxiety, as I started to wonder whether the four years of university I was about to complete had even been worth it. After hearing the news that graduate jobs would be in short supply for the remainder of 2020, I began to assume the worst…

Flash forward to early 2021, and I began actively looking for what would be my graduate job. At the time, I was unsure about my career path, but I had a couple areas of interest from my studies and identified tax as being the predominant one. After scouring site after site and speaking to careers advisers, I finally came across an advert for C+T’s Entrepreneurial Tax Team. As I had only seen personal and corporate tax roles, this immediately stood out to me as it was such a unique role! After researching the sort of work the team did, I knew that it was exactly what I was interested in and would love to learn more about. After an extremely well-handled interview process, I was offered the role and couldn’t have been more delighted to start. From then on, I was counting down the days until I started.

Heading towards the end of May my start date began approaching. I’d just finished my final university exams a couple of weeks prior and was glad to get started right away. To begin with, I wasn’t sure how working from home was going to go, especially as I would be starting fresh in a brand-new environment. The typical questions rushed through my head: would I be able to get to know everyone, and would training from home be difficult?

At my first meeting a range of terms went flying over my head and I was worried I’d never understand what they meant or get to grips with what was going on. I expected a very steep learning curve and whilst I have felt the work is challenging, I am finally starting to get to grips with much of the work that we carry out here: from EMI valuations to preparing EIS applications. Without thinking, I’m now using the same acronyms that seemed so foreign to me only a couple of months ago.

The process of integrating into the team has been seamless, mainly thanks to just one thing: just how welcoming and supportive the Entrepreneurial Tax department is here at C+T. I would never have imagined how easy it would be to get to know a group of people through a screen, and it shows that there was absolutely no reason at all to be concerned about starting in a remote environment, especially here at C+T.

Interested in joining our team? See our vacancies here.

Joining the team: beginning my career in C+T’s Entrepreneurial Tax Team

This post is part of our Entrepreneurial team’s regular series of blogs.

Ever since I discovered Tax as a subject during my undergraduate degree, it has been my goal to pursue it as a career. In my 4 years at university, Taxation was my favourite course and it was the first time during my degree that I felt confident in what I wanted to do after graduating. Although it has felt like quite a journey to reach that goal, it has been well worth it.

Starting my role as a graduate trainee with Chiene + Tait almost a year on from finishing my university exams has been a big change, especially as I spent the last year working as a self-employed artist. When the first lockdown was announced back in March 2020, I felt as though there was suddenly an extra hurdle in front of me, blocking my path to beginning my career. However, looking back now, I feel as though it was an important part of the journey. I had the chance to try a completely different career path from the one I had planned, and it was nice to be able to stretch my creative muscles. I spent a lot of the year painting animal portraits and creating illustrations, and I had the opportunity to try running my own little business. The experience taught me a lot, but it also gave me the time to reflect and really think about what I wanted to do with my future, and it ultimately confirmed to me that what I really wanted was to pursue a career in tax.

I have now been in my role as Entrepreneurial Tax Trainee with Chiene + Tait for just over 2 months, and, despite joining from my make-shift home office in my dining room, I feel as though I have already begun to settle in as part of the team. After a couple of months as trainee, I am confident I am exactly where I need to be. I am really enjoying learning about the entrepreneurial side of tax, as it was an area I never got to explore while I was at university. I have been lucky enough to have had the opportunity to be involved in calls and interactions with clients, which has been great. Having spent a lot of time working in customer service, it is something I have developed a passion for, and I like that our firm combines a focus on customer service with technical advisory in a professional environment. The diversity in the clients we work with in the entrepreneurial team and getting to see the fascinating work they are doing makes the job even more enjoyable.

It is a little strange to start a new job working from my own home, and while it has its perks – particularly the 10 second commute to my desk – I am really excited for the days when we can get back in the office and have the chance to meet and get to know the team and others within the firm better.

Overall, I have been completely blown away by how friendly and supportive everyone has been since I joined, as well as by how much I have already had the chance to learn from the team. It makes all the work – the 4 years of university, the months spent gaining work experience, and the many hours spent completing job applications – feel worthwhile.

Interested in joining the C+T team? Find more information and our vacancies here.