Accountancy Recruitment 401 × 189

What is going on in Tax? 2014 edition

Sector Outline

It was a very buoyant tax market throughout 2014. There have been a number of roles created at all levels from Tax Senior to Director. Moreover it was interesting to note that roles were created across all tax heads. Previous years had seen the focus weighted in the favour of Corporation Tax however 2014 saw an increased number of roles also created in Personal Tax, VAT, Transfer Pricing, R&D & Employment/Expatriate taxes. Towards the end of 2013 some of the medium sized and small firms had started to recruit again in tax and this trend continued right through 2014 which created a very active tax market in Practice. This is a trend that shows no sign of abatement as we head into 2015.

The In-House Tax market also witnessed possibly its busiest period for a number of years. Whilst Industry continued to create opportunities throughout the downturn there was undisputed growth in 2014 with numerous opportunities created. There was a mix between permanent and contract roles and also a surge in the number of VAT roles on offer.

Expectations for 2015

The challenge even more acutely faced by those looking to recruit in 2015 is the lack of availability of suitably qualified staff for the roles on offer. Whilst previously contract roles in industry received numerous suitable applications it has become increasingly difficult to attract tax professionals to shorter term positions. Salaries have remained stagnant for a number of years however it looks like 2015 will be the year where we will see upward pressure on remuneration. This will be in response both to an increase in fees which firms are experiencing and also in an effort to attract and retain top talent in an increasingly competitive recruitment market.

 

What is going on in Tax? 2014 edition was researched and drafted by Ross Wynne

Tax Jobs Ireland | 01 531 2424 | ross@amicus.ie