New research suggests that job vacancies for tax professionals have nearly doubled compared to the position 12 months ago, with over 2,800 vacancies for tax specialists as at October 2021 – a 98% year-on-year increase.
The data, gathered by Morgan McKinley and Vacancysoft, shows that the banking sector is leading the way, with hiring for in-house roles up 162% compared to 2020.
Kathryn Swan, head of professional services at Morgan McKinley, commented: ‘Hiring for tax accountants has grown significantly over 2021 across both the practice and in-house markets. With investment at an all-time high, businesses are strengthening their tax capability to prepare for regulatory requirements — and to arm themselves as the market recovers post-covid.
‘With no signs of the market slowing, we anticipate Q4 and 2022 to show continued growth across accountancy firms and in-house teams, with considerable appetite to both retain and recruit experienced tax professionals with diverse technical backgrounds.’
The big four dominate the list of top tax recruiters in the accountancy firm sector:
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