From Singapore to London: A Journey of Growth and Learning
Amidst the pandemic, SMU Accountancy alumnus Phua Kuan Hua embarked on a transformative journey to the UK. Discover how his experiences at Oxford and SMU shaped his expertise, and explore his aspirations for advocating innovative tax policies back in Singapore.
In 2021, as the world grappled with the fallout from Covid-19, I found myself packing my bags for an unexpected adventure. I was headed for London to take on a new role as a Tax Consultant at Deloitte UK's Real Estate Tax Group. Reflecting on this journey today, it was a transformative period marked by challenges, learning, and profound personal growth. Beyond broadening my professional horizons, this experience had also inspired me to pursue a Master of Science in Taxation at the University of Oxford.
Taking the leap during Covid-19
Moving in the midst of a pandemic presented its challenges, and the initial six months were particularly tough. Lockdowns and the absence of in-person interactions made adapting to the UK's professional norms and communication styles even more daunting. Video calls became essential for staying connected with colleagues, and once the office reopened, I made it a priority to engage regularly with my team to foster camaraderie.
The UK's extensive tax history, with its complex legislation and voluminous case law, required intense study and proactive learning. On my second day, I was thrust into my first deal —a trial by fire. This experience taught me the value of resilience and a proactive attitude. To bridge gaps in my knowledge in UK tax, I arranged whiteboard sessions with colleagues to gather diverse perspectives, attended training sessions, and dedicated many hours to studying UK tax laws after work.
Pursuing further education
Amidst the challenges of adapting to a new professional environment, I felt a strong desire to deepen my expertise in international tax law. This aspiration was sparked years earlier at SMU's Open House, where I was captivated by a senior’s story. Despite lacking a law degree, she excelled in the field of tax law and pursued an LLM in international tax law, inspiring me deeply.
During my undergraduate studies at SMU, this inspiration had led me to enrol in three tax courses taught by Sum Yee Loong, Professor of Accounting (Practice), whose mentorship and guidance solidified my passion for tax. His emphasis on becoming a well-rounded practitioner capable of offering comprehensive client service was a key takeaway. His support, along with that of Professors Pang Eng Fong and Pearl Tan, was instrumental in my decision to advance my education at Oxford, and I am immensely grateful to them for providing me with their references.
Balancing work and studies
Juggling postgraduate studies alongside full-time work tested my time management skills to their limits. The lessons I learnt at SMU, where I successfully balanced internships, organising events, and participating in case competitions, proved invaluable. These experiences taught me the importance of setting clear goals, prioritising tasks, and effectively managing my time.
In London, I leveraged these skills to manage my responsibilities at Deloitte with my coursework at Oxford. Maintaining clear communication with my team about my academic schedule, completing tasks early, and staying contactable were essential strategies. During travel, I utilised train rides to read or write essays. I also set aside time for recreation and relaxation, and prioritised self-care with adequate sleep and a supportive environment. Regular check-ins with career mentors and academic supervisors helped refine my focus and align my goals. Having supportive friends were also crucial in making the journey more manageable and positive.
The impact of SMU’s rigorous teaching
The academic foundation I received at SOA provided a strong academic foundation for my postgraduate studies at Oxford. At SMU, the accounting, audit, and tax courses integrated theory with practical applications, challenging us with problem-solving scenarios. Dr Andrew Lee’s teaching of Financial Reporting was particularly memorable for its accessible topical approach and rigorous exam integration of multiple concepts. This experience trained my ability to analyse issues from micro to macro levels, a skill that remains crucial in tackling complex tax challenges today.
SMU’s holistic and interactive pedagogy encouraged direct engagement with professors and a culture of inquiry, which I carried forward. Projects like working with the National Kidney Foundation for my Auditing for Public Sector Project provided practical exposure that required creative yet pragmatic solutions. These experiences at SMU equipped me to effectively address both ethical and technical tax issues during my studies at Oxford. Winning the James Bullock Scholarship and the Faculty of Law Prize for best performance in Ethical Issues in Tax Practice at Oxford further underscored the robust foundation and mentorship I received at SMU.
Looking ahead
As I reflect on my time spent in the UK, I am grateful for the rewarding experiences and the growth it has fostered. The balanced lifestyle allowed me to travel extensively and broaden my horizons. The pleasant weather, which made long walks so enjoyable, is something I will miss in Singapore.
Having recently completed my postgraduate studies, I am excited to return to Singapore to embark on a new role at Deloitte Singapore. With the knowledge and experience I have accumulated, I look forward to contributing to my firm’s strategic initiatives, particularly in the real estate sector. Oxford has also equipped me with critical tools and diverse perspectives; with these insights and expertise, I am eager to engage with policymakers and industry leaders to advocate for more efficient and equitable tax solutions in our national tax policies.
Beyond work, I hope to continue my passion for playing the violin, chess, Dota, and catching up with friends and family over local food.
There is so much to look forward to, and I am excited about the future that lies ahead!
(Photo credit for Feature Image: Kimberly Khoo)
