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UK In-House Tax Recruitment Market

almost 2 years ago by Simon Riva
In House Tax Web

The in-house tax recruitment market is buoyant and this year has kicked off with a number of broad in-house tax roles. In comparison to the start of last year, we have seen a growth in a number of roles we are registering. Given the shortage of appropriate candidates at the NQ-5 years experience level, as well as the fact that the Big 4 are working hard on retention, salaries have continued to outstrip experience.

Demand has been strong at all levels though predictably the core market from £45,000 to £70,000 is where we have been the busiest. Within this bracket it is not uncommon for candidates to receive multiple offers and counter-offers from their current employer.

The burden of compliance and complex regulation remains an issue for our clients and we are seeing a lot of investment within this area to offset pressure from financial authorities and prevent unnecessary reputational risk. Whilst recruitment within the banking sector has slowed, the trend of recruiting newly qualified tax candidates to cover compliance-focused roles is one that we have seen across the in-house market. Interestingly, the difficulty of persuading Big 4 candidates to step away from advisory work means that businesses are increasingly looking to candidates who have trained in Top 10/Top 20 firms or started out in in-house to fill these vacancies.

Our tax recruitment desk covers FTSE 100/250, privately owned and overseas corporations in the Retail, Consumer, Media, Technology, Property, Construction, Oil, Gas, Energy, Manufacturing, Business Services.

If you are interested in hearing about the market and in-house opportunities, please contact Phil Smyth or myself on simon@consultancygroup.com and p.smyth@consultancygroup.com