Getting to know.. Georgia Wallace

Posted on 5th Jun 2023 - Share this a day in the life

Georgia’s career in tax started around two years ago, having studied Geography with Business at the University of Nottingham before completing an MSc in Economics and Finance.

Georgia – who has so far completed her ATT exams and is looking forward to continuing studying towards being CTA qualified at Simmons Gainsford – joined our London corporation tax team in June 2023.

Welcome to SG, Georgia! How are you feeling about joining the firm?
“I am excited to join Simmons Gainsford and to meet everyone and I am looking forward to my new role in Corporation Tax.”

Now that you’ve joined SG, what are you most looking forward to?
“I am looking forward to expanding my knowledge and understanding of corporation tax and getting to know my colleagues. I am also looking forward to being involved with challenging and complex tax work.”

What are your aims for this year?
“My main aim for this year is to continue with my professional qualifications and work towards becoming CTA qualified. I am looking forward to continuing with my studies and developing my technical knowledge.”

If you could make one change to Corporation Tax, what would it be?
“I would increase the small profit threshold so that a larger number of smaller companies will remain paying corporation tax at a rate of 19% as opposed to suffering from the increase to 25%.

Smaller business will really feel the impact of the increase from 19% to 25% and therefore I think they should remain paying corporation tax at a rate of 19% as opposed to claiming marginal relief. Smaller businesses play a crucial role in local communities providing full and part time employment and therefore it is crucial they can survive and continue trading.”

Are there any recent cases that have caught your eye?
The increase in the corporation tax rate is a key change that will have a large impact on both business and tax advisers as additional planning is required.”

Contact details
T: 020 7291 5626

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