{"id":21684,"date":"2023-11-29T09:18:53","date_gmt":"2023-11-29T09:18:53","guid":{"rendered":"https:\/\/www.brewermorris.com\/?p=21684"},"modified":"2023-11-29T09:34:21","modified_gmt":"2023-11-29T09:34:21","slug":"uk-tax-practice-market-report-highlights-professional-services","status":"publish","type":"post","link":"https:\/\/www.brewermorris.com\/nl\/market-insight\/uk-tax-practice-market-report-highlights-professional-services\/","title":{"rendered":"UK tax practice market report highlights: Professional services"},"content":{"rendered":"\n<div class=\"wp-block-columns alignwide post-content-columns is-layout-flex wp-container-core-columns-is-layout-7387b849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/www.brewermorris.com\/wp-content\/uploads\/sites\/4\/2022\/04\/shutterstock_645550855-1024x683.jpg\" alt=\"\" class=\"wp-image-1074\" srcset=\"https:\/\/www.brewermorris.com\/wp-content\/uploads\/sites\/4\/2022\/04\/shutterstock_645550855-1024x683.jpg 1024w, https:\/\/www.brewermorris.com\/wp-content\/uploads\/sites\/4\/2022\/04\/shutterstock_645550855-300x200.jpg 300w, https:\/\/www.brewermorris.com\/wp-content\/uploads\/sites\/4\/2022\/04\/shutterstock_645550855-768x512.jpg 768w, https:\/\/www.brewermorris.com\/wp-content\/uploads\/sites\/4\/2022\/04\/shutterstock_645550855-1536x1024.jpg 1536w, https:\/\/www.brewermorris.com\/wp-content\/uploads\/sites\/4\/2022\/04\/shutterstock_645550855-2048x1365.jpg 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Earlier in the year we released our UK tax practice market report and salary guide 2023-2024, highlighting the different areas of tax. Each area contained their own market update, including the current and forecasted challenges and opportunities, and the most popular portion, the salary data. Following on from the success of the report, we decided to launch a series of articles to dive even further into the data we collected from the survey, broken down into these different areas of tax. These articles take a closer look at topics such as flexible and hybrid working arrangements, benefits packages and DEI.<\/p>\n\n\n\n<div style=\"height:35px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Year on year, companies are taking further steps to be more inclusive, so this year when gathering information to build our market report, we asked numerous questions around DEI and the importance it holds within our respondents&#8217; companies. <\/p>\n\n\n\n<div class=\"flourish-embed flourish-chart\" data-src=\"visualisation\/15776271?1727277\"><script src=\"https:\/\/public.flourish.studio\/resources\/embed.js\"><\/script><\/div>\n\n\n\n<div style=\"height:35px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"flourish-embed flourish-chart\" data-src=\"visualisation\/15776913?1727277\"><script src=\"https:\/\/public.flourish.studio\/resources\/embed.js\"><\/script><\/div>\n\n\n\n<div style=\"height:35px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">64% feel their firms does enough to promote DEI, however, as we can see over half of our respondents haven&#8217;t particularly thought about the importance that the DEI strategy holds. 33% feel it is important and 11% do not feel the strategy has value. We also asked if firms did enough to minimise the gender pay gap, with a majority (77.27%) agreeing that their firm is taking the right actions towards this. When analysisng these results in further detail, more Big 4 professionals (85%) feel their company does enough to limit the gender pay compared to professionals at the top 100\/boutique firms.<\/p>\n\n\n\n<div class=\"flourish-embed flourish-chart\" data-src=\"visualisation\/15776412?1727277\"><script src=\"https:\/\/public.flourish.studio\/resources\/embed.js\"><\/script><\/div>\n\n\n\n<div style=\"height:35px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-professional-services-market-overview\">Professional services market overview<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">After a year of unprecedented hiring and a war for talent in 2022 as well as the start of a cost-of-living crisis, we saw the majority of professional services firms combat these challenges through pay rises. Over 30% of respondents we surveyed earlier in the year had received more than a 10% pay rise in the past 12 months. This was particularly the case within the Big 4 firms. This was not a surprise given that it had been well-publicised in the press how some of these firms had responded to the economic challenges. In May 2022, KPMG announced that the majority of its UK employees would receive flat increases of either \u00a32000 or \u00a34000 in addition to increases later in the year during the annual pay review cycle.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In contrast, 2023 has seen pay rises more in line with those we would expect in a \u2018normal\u2019 market. Recruitment volumes have been lower which has meant we have seen less sign on bonuses being offered and not the huge hikes in salary we had seen the previous year. Interestingly, most individuals are still motivated to move because of remuneration. This is not necessarily a reflection that the tax profession is feeling underpaid or undervalued, more a result of the fact that individuals are not willing to move unless they are financially incentivised to do so. This has therefore continued to pose as a significant challenge to firms looking to hire this year as they have needed to balance attracting the right individuals whilst supporting their existing talent. We expect this trend to continue into 2024.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For further information on the market, you can <a href=\"https:\/\/www.brewermorris.com\/report\/uk-tax-practice-market-report-and-salary-guide-2023\/\">download our UK tax practice market report and salary guide<\/a>. Alternatively, if you would like to discuss the contents of this article in greater detail or have a conversation about your career or hiring needs, get in touch with <a href=\"https:\/\/www.brewermorris.com\/consultants\/sarah-reid\/\">Sarah Reid<\/a>. <\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:25%\">\n\t<div class=\"hd-block hd-block-author\" id=\"block_2426b7d8c2e3bee35e7924fe0a420d30\">\n\n\t\t<div class=\"eyebrow-group\">\n\t\t\t<h3 class=\"hd-block-job__title is-style-eyebrow eyebrow-group__title\">Author<\/h3>\n\t\t<\/div>\n\n\t\t<div class=\"cards cards--people\">\n\n\t\t\t\n<div class=\"card card--person post-1366 hd_person type-hd_person status-publish has-post-thumbnail hentry hd_person_role_type-permanent hd_person_sector-banking-and-financial-services hd_person_sector-commerce-and-industry hd_person_sector-professional-services hd_person_seniority-executive-director hd_person_specialism-tax hd_person_location-uk\" id=\"block_2426b7d8c2e3bee35e7924fe0a420d30-person-1366\">\n\n\t<div class=\"card--person__inner\">\n\n\t\t\n\t\t\t<figure class=\"card__image-wrapper\">\n\t\t\t\t<a href=\"https:\/\/www.brewermorris.com\/nl\/consultants\/sarah-reid\/\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/www.brewermorris.com\/wp-content\/uploads\/sites\/4\/2020\/01\/Sarah-Reid-300x300.jpg\" class=\"card__image test\" alt=\"\" sizes=\"(max-width: 600px) 100vw, (max-width: 781px) 50vw, (max-width: 1023px) 40vw, (max-width: 1200px) 25vw, 370px\" srcset=\"https:\/\/www.brewermorris.com\/wp-content\/uploads\/sites\/4\/2020\/01\/Sarah-Reid-300x300.jpg 300w, https:\/\/www.brewermorris.com\/wp-content\/uploads\/sites\/4\/2020\/01\/Sarah-Reid-150x150.jpg 150w, https:\/\/www.brewermorris.com\/wp-content\/uploads\/sites\/4\/2020\/01\/Sarah-Reid-768x768.jpg 768w, https:\/\/www.brewermorris.com\/wp-content\/uploads\/sites\/4\/2020\/01\/Sarah-Reid.jpg 1000w\" \/><\/a>\t\t\t<\/figure>\n\n\t\t\t\t\t\t<div class=\"card__titles\">\n\t\t\t\t\t\t\t<h2 class=\"card__title\"><a href=\"https:\/\/www.brewermorris.com\/nl\/consultants\/sarah-reid\/\">Sarah Reid<\/a><\/h2>\n\t\t\t\t\t\t\t\t<h3 class=\"card__subtitle\"><a href=\"https:\/\/www.brewermorris.com\/nl\/consultants\/sarah-reid\/\">Executive Director | Head of Professional Services<\/a><\/h3>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"card__location\">UK<\/div>\n\t\t\t\t\t\t<div class=\"card__email\">\n\t\t\t\t<a class=\"card__contact-link card__contact-link--email\" href=\"mailto:sarahreid@brewermorris.com\">sarahreid@brewermorris.com<\/a>\n\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"card__tel\">\n\t\t\t\t<a class=\"card__contact-link card__contact-link--tel\" href=\"tel:+442073329620\">+44 20 7332 9620<\/a>\n\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"card__linkedin\">\n\t\t\t\t<a class=\"card__contact-link card__contact-link--linkedin\" target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/sarahellenjackson\/\">Connect<\/a>\n\t\t\t<\/div>\n\t\t\t\n\t<\/div>\n\n<\/div>\n\n\n\t\t<\/div>\n\n\t<\/div>\n\n\t\n\n<\/div>\n<\/div>\n\n\n\n\t<div class=\"hd-block hd-block-posts is-template-grid alignwide\" id=\"block_067e98bfacea10ef21b8da49e7d46d81\">\n\n\t\t\n\t\t\t<div class=\"eyebrow-group\">\n\n\t\t\t\t\t\t\t\t\t<h2 class=\"hd-block-job__title is-style-eyebrow eyebrow-group__title\">Featured Content<\/h2>\n\t\t\t\t\t\t\t\t\t\t<div class=\"wp-block-button is-style-arrow eyebrow-group__button\">\n\t\t\t\t\t\t<a class=\"hd-block-posts__button button wp-block-button__link eyebrow-group__link\" href=\"https:\/\/sites.thesrgroup.com\/resources\">See all news<\/a>\n\t\t\t\t\t<\/div>\t\n\t\t\t\t\t\n\t\t\t<\/div>\n\n\t\t\t\n\t\t<div class=\"cards cards--posts\">\n\n\t\t\t\n<div class=\"card card--post post-55331 post type-post status-publish format-standard has-post-thumbnail hentry category-europe category-finance category-management-advice category-market-insight category-netherlands tag-recruitment hd_author-michelle-ewing\" id=\"block_067e98bfacea10ef21b8da49e7d46d81-job-55331\">\n\n\t<a class=\"card__link\" href=\"https:\/\/www.brewermorris.com\/nl\/market-insight\/leading-through-transformation-interview-with-shahid-bhagwandien-head-of-finance-at-csc-global\/\">\n\n\t\t\n\t\t\t<div class=\"card__image-wrapper\">\n\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"225\" src=\"https:\/\/www.brewermorris.com\/wp-content\/uploads\/sites\/4\/2026\/08\/Shahid-300x225.jpg\" class=\"card__image\" alt=\"\" sizes=\"(max-width: 481px) 100vw, (max-width: 599px) 50vw, (max-width: 1240px) 33vw, 370px\" \/>\n\t\t\t<\/div>\n\n\t\t\t\n\t\t\t<ul class=\"card__tags\">\n\n\t\t\t\t\t\t\t\t\t\t<li class=\"card__tag\"><\/li>\n\t\t\t\t\t\t\n\t\t\t<\/ul>\n\n\t\t\t\t\t\t<h3 class=\"card__title\">Leading through transformation: interview with Shahid Bhagwandien, Head of Finance at CSC Global<\/h3>\n\t\t\t\n\t\t<ul class=\"meta__list\">\n\n\t\t\t\t\t\t\t<li class=\"card__published-date meta__item\"><span class=\"meta__item-label\">Posted<\/span> <span class=\"meta__item-value\">augustus 13, 2026<\/span><\/li>\n\t\t\t\t\n\t\t<\/ul>\n\n\t\t\t\t\t<div class=\"card__content\">Contents Share Shahid Bhagwandien is Head of Finance at CSC (Corporation Service Company), the world\u2019s leading provider of business administration and compliance solutions, headquartered in US. He works from the CSC office in Amsterdam. Reporting directly to the Senior Finance Director, he oversees finance operations across the Netherlands, UAE, Cyprus, Greece, and Belgium within the [&hellip;]<\/div>\n\t\t\t\n\t<\/a>\n\n<\/div>\n<div class=\"card card--post post-55164 post type-post status-publish format-standard has-post-thumbnail hentry category-europe category-finance category-hiring-advice category-market-insight category-netherlands hd_author-sjouke-van-der-made\" id=\"block_067e98bfacea10ef21b8da49e7d46d81-job-55164\">\n\n\t<a class=\"card__link\" href=\"https:\/\/www.brewermorris.com\/nl\/hiring-advice\/building-modern-finance-teams-typical-mistakes-when-building-a-finance-data-foundation\/\">\n\n\t\t\n\t\t\t<div class=\"card__image-wrapper\">\n\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"225\" src=\"https:\/\/www.brewermorris.com\/wp-content\/uploads\/sites\/4\/2026\/05\/Detail_Woman-standing-presenting-to-group_shutterstock_1791564434-300x225.jpg\" class=\"card__image\" alt=\"\" sizes=\"(max-width: 481px) 100vw, (max-width: 599px) 50vw, (max-width: 1240px) 33vw, 370px\" srcset=\"https:\/\/www.brewermorris.com\/wp-content\/uploads\/sites\/4\/2026\/05\/Detail_Woman-standing-presenting-to-group_shutterstock_1791564434-300x225.jpg 300w, https:\/\/www.brewermorris.com\/wp-content\/uploads\/sites\/4\/2026\/05\/Detail_Woman-standing-presenting-to-group_shutterstock_1791564434-2048x1536.jpg 2048w, https:\/\/www.brewermorris.com\/wp-content\/uploads\/sites\/4\/2026\/05\/Detail_Woman-standing-presenting-to-group_shutterstock_1791564434-1024x768.jpg 1024w, https:\/\/www.brewermorris.com\/wp-content\/uploads\/sites\/4\/2026\/05\/Detail_Woman-standing-presenting-to-group_shutterstock_1791564434-768x576.jpg 768w\" \/>\n\t\t\t<\/div>\n\n\t\t\t\n\t\t\t<ul class=\"card__tags\">\n\n\t\t\t\t\t\t\t\t\t\t<li class=\"card__tag\"><\/li>\n\t\t\t\t\t\t\n\t\t\t<\/ul>\n\n\t\t\t\t\t\t<h3 class=\"card__title\">Building modern finance teams: typical mistakes when building a finance data foundation<\/h3>\n\t\t\t\n\t\t<ul class=\"meta__list\">\n\n\t\t\t\t\t\t\t<li class=\"card__published-date meta__item\"><span class=\"meta__item-label\">Posted<\/span> <span class=\"meta__item-value\">augustus 5, 2026<\/span><\/li>\n\t\t\t\t\n\t\t<\/ul>\n\n\t\t\t\t\t<div class=\"card__content\">Contents Share Finance teams are under increasing pressure to automate processes, improve reporting and prepare for a future where AI plays a much larger role in decision-making.\u00a0\u00a0 Yet many organisations encounter the same challenges when trying to build a stronger finance data foundation.&nbsp; Across the market, businesses are investing in forecasting tools, reporting platforms and [&hellip;]<\/div>\n\t\t\t\n\t<\/a>\n\n<\/div>\n<div class=\"card card--post post-102 post type-post status-publish format-standard has-post-thumbnail hentry category-career-advice category-moving-jobs tag-recruitment hd_author-michelle-ewing\" id=\"block_067e98bfacea10ef21b8da49e7d46d81-job-102\">\n\n\t<a class=\"card__link\" href=\"https:\/\/www.brewermorris.com\/nl\/career-advice\/moving-jobs\/advice-when-interviewing\/\">\n\n\t\t\n\t\t\t<div class=\"card__image-wrapper\">\n\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"225\" src=\"https:\/\/www.brewermorris.com\/wp-content\/uploads\/sites\/4\/2018\/09\/Detail_Group-gathering-around-table-two-shaking-hands_GettyImages-1438213571-300x225.jpg\" class=\"card__image\" alt=\"\" sizes=\"(max-width: 481px) 100vw, (max-width: 599px) 50vw, (max-width: 1240px) 33vw, 370px\" srcset=\"https:\/\/www.brewermorris.com\/wp-content\/uploads\/sites\/4\/2018\/09\/Detail_Group-gathering-around-table-two-shaking-hands_GettyImages-1438213571-300x225.jpg 300w, https:\/\/www.brewermorris.com\/wp-content\/uploads\/sites\/4\/2018\/09\/Detail_Group-gathering-around-table-two-shaking-hands_GettyImages-1438213571-2048x1536.jpg 2048w, https:\/\/www.brewermorris.com\/wp-content\/uploads\/sites\/4\/2018\/09\/Detail_Group-gathering-around-table-two-shaking-hands_GettyImages-1438213571-1024x768.jpg 1024w, https:\/\/www.brewermorris.com\/wp-content\/uploads\/sites\/4\/2018\/09\/Detail_Group-gathering-around-table-two-shaking-hands_GettyImages-1438213571-768x576.jpg 768w\" \/>\n\t\t\t<\/div>\n\n\t\t\t\n\t\t\t<ul class=\"card__tags\">\n\n\t\t\t\t\t\t\t\t\t\t<li class=\"card__tag\"><\/li>\n\t\t\t\t\t\t\n\t\t\t<\/ul>\n\n\t\t\t\t\t\t<h3 class=\"card__title\">How to prepare for a first interview: making a strong first impression<\/h3>\n\t\t\t\n\t\t<ul class=\"meta__list\">\n\n\t\t\t\t\t\t\t<li class=\"card__published-date meta__item\"><span class=\"meta__item-label\">Posted<\/span> <span class=\"meta__item-value\">juli 30, 2026<\/span><\/li>\n\t\t\t\t\n\t\t<\/ul>\n\n\t\t\t\t\t<div class=\"card__content\">Contents Share Key insights A first interview is your opportunity to turn a strong CV into a memorable first impression. While your skills and experience may have secured the job interview, how you prepare, communicate and present yourself can determine whether you progress through the interview process. Whether you&#8217;re attending an in-person meeting or a [&hellip;]<\/div>\n\t\t\t\n\t<\/a>\n\n<\/div>\t\t\n\t\t<\/div>\n\n\t\t\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Earlier in the year we released our UK tax practice market report and salary guide 2023-2024, highlighting the different areas of tax. Each area contained their own market update, including the current and forecasted challenges and opportunities, and the most popular portion, the salary data. Following on from the success of the report, we decided [&hellip;]<\/p>\n","protected":false},"author":314,"featured_media":1074,"comment_status":"open","ping_status":"open","sticky":false,"template":"templates\/post-original.php","format":"standard","meta":{"_acf_changed":false,"_cn_metabox_post_checkbox_dont_send_once":false,"_cn_metabox_post_checkbox_dont_send_ever":false,"footnotes":""},"categories":[18,20,22,21,35],"tags":[],"hd_author":[],"class_list":["post-21684","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-insight","category-market-update","category-salary-guide","category-tax","category-uk"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.1 (Yoast SEO v28.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>UK tax practice market report highlights: Professional services - Brewer Morris<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.brewermorris.com\/market-insight\/uk-tax-practice-market-report-highlights-professional-services\/\" \/>\n<meta property=\"og:locale\" content=\"nl_NL\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UK tax practice market report highlights: Professional services\" \/>\n<meta property=\"og:description\" content=\"Earlier in the year we released our UK tax practice market report and salary guide 2023-2024, highlighting the different areas of tax. 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