We are delighted to feature an interview with Samar Farooq. Samar is the Group Head of Tax of Care UK, an independent provider of health and social care services.
Why did you get into tax?
To me tax is like marmite – you either love it or hate it!
I had done tax as a module at university and since then I have had a very keen interest in tax. I found it has always kept me mentally stimulated, especially with new budget coming every year - there is always something new to learn.
Who has been the most influential role model for your professional life?
I will be honest – no one! I have admired some people along the way but haven’t met anyone yet who I see as a role model for my professional life …
What do you see as the biggest trend affecting the tax world over the next 10 years?
The digital world stepping forward is no doubt one of the main ones! Also, more scrutiny in the form of additional reporting/exchange of information resulting in complex legislation (e.g. FATCA, country by country reporting, BEPS etc)!
Apart from that, it would be great to see tax professionals represented at board level.
What is your pet hate when dealing with advisers?
When you receive a long advice which either has no relevance to your business or does not answer your question ... annoying!
In a movie of your life story, which actor would you like to play you?
Hollywood: Elizabeth Taylor
Bollywood: Aishwarya Rai
(I am a big Bollywood fan!)
What would be your dream job if you didn’t work in tax?
I used to be the head of dramatics at school. So my dream job would be either acting or directing movies!
What is your biggest extravagance?
Cars – I am a petrolhead! Audi A7 ...
What do you do to relax?
I love to exercise and do bootcamp 2 to 3 times a week.
Also, I love listening to music to unwind myself.
What is your favourite holiday destination?
Venice – only been once and I loved it. Found it very peaceful away from the hustle and bustle!
Turkey and Dubai for shopping!
What piece of advice would you give your 25 year old self?
Learn from your mistakes and carry on – don’t give up!