{"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<\/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-57059 post type-post status-publish format-standard has-post-thumbnail hentry category-career-advice category-career-progression category-tax category-wellbeing tag-tax tag-tax-recruitment hd_author-tiana-orgordon\" id=\"block_067e98bfacea10ef21b8da49e7d46d81-job-57059\">\n\n\t<a class=\"card__link\" href=\"https:\/\/www.brewermorris.com\/nl\/career-advice\/what-does-a-senior-tax-manager-do\/\">\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\/Detail_Two-people-in-discussion_pexels-alexander-suhorucov-6457537-300x225.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\/08\/Detail_Two-people-in-discussion_pexels-alexander-suhorucov-6457537-300x225.jpg 300w, https:\/\/www.brewermorris.com\/wp-content\/uploads\/sites\/4\/2026\/08\/Detail_Two-people-in-discussion_pexels-alexander-suhorucov-6457537-2048x1536.jpg 2048w, https:\/\/www.brewermorris.com\/wp-content\/uploads\/sites\/4\/2026\/08\/Detail_Two-people-in-discussion_pexels-alexander-suhorucov-6457537-1024x768.jpg 1024w, https:\/\/www.brewermorris.com\/wp-content\/uploads\/sites\/4\/2026\/08\/Detail_Two-people-in-discussion_pexels-alexander-suhorucov-6457537-768x576.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\">What does a Senior Tax Manager do?\u00a0<\/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\">oktober 26, 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 For many tax professionals, reaching Senior Tax Manager level represents a significant career milestone.&nbsp;&nbsp; It is often the point where technical expertise in tax compliance, tax accounting and tax advisory begins to blend with leadership responsibilities, commercial decision-making and strategic influence across the business.&nbsp; While the exact responsibilities vary depending on [&hellip;]<\/div>\n\t\t\t\n\t<\/a>\n\n<\/div>\n<div class=\"card card--post post-56861 post type-post status-publish format-standard has-post-thumbnail hentry category-finance category-hiring-advice category-market-insight tag-finance tag-recruitment hd_author-michelle-ewing\" id=\"block_067e98bfacea10ef21b8da49e7d46d81-job-56861\">\n\n\t<a class=\"card__link\" href=\"https:\/\/www.brewermorris.com\/nl\/market-insight\/why-q4-recruitment-planning-matters-for-your-finance-team\/\">\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\/2022\/04\/Contingent-Recruitment-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\/2022\/04\/Contingent-Recruitment-300x225.jpg 300w, https:\/\/www.brewermorris.com\/wp-content\/uploads\/sites\/4\/2022\/04\/Contingent-Recruitment-1024x768.jpg 1024w, https:\/\/www.brewermorris.com\/wp-content\/uploads\/sites\/4\/2022\/04\/Contingent-Recruitment-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\">Why Q4 recruitment planning matters for your finance team\u00a0<\/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\">oktober 19, 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 As the final quarter of the year unfolds, finance leaders face mounting pressure. Year-end reporting cycles, budget planning, audit preparation and strategic planning initiatives all demand significant attention.&nbsp; At the same time, recruitment often falls down the priority list until a resignation lands in an inbox or a critical skills gap [&hellip;]<\/div>\n\t\t\t\n\t<\/a>\n\n<\/div>\n<div class=\"card card--post post-56855 post type-post status-publish format-standard has-post-thumbnail hentry category-career-advice category-career-progression category-europe category-netherlands category-tax hd_author-rebecca-sheehan\" id=\"block_067e98bfacea10ef21b8da49e7d46d81-job-56855\">\n\n\t<a class=\"card__link\" href=\"https:\/\/www.brewermorris.com\/nl\/career-advice\/how-to-deal-with-imposter-syndrome-as-a-tax-leader\/\">\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\/10\/Detail_Focus-on-woman-smiling-and-listening_iStock-466969836-300x225.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\/10\/Detail_Focus-on-woman-smiling-and-listening_iStock-466969836-300x225.jpg 300w, https:\/\/www.brewermorris.com\/wp-content\/uploads\/sites\/4\/2026\/10\/Detail_Focus-on-woman-smiling-and-listening_iStock-466969836-2048x1536.jpg 2048w, https:\/\/www.brewermorris.com\/wp-content\/uploads\/sites\/4\/2026\/10\/Detail_Focus-on-woman-smiling-and-listening_iStock-466969836-1024x768.jpg 1024w, https:\/\/www.brewermorris.com\/wp-content\/uploads\/sites\/4\/2026\/10\/Detail_Focus-on-woman-smiling-and-listening_iStock-466969836-768x576.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 deal with imposter syndrome as a tax leader<\/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\">oktober 15, 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 As organisations continue to strengthen their in-house tax capabilities across the Netherlands, many professionals have recently been promoted into management and leadership positions. These promotions are often well deserved, but they can also trigger imposter syndrome. Many newly promoted tax leaders find themselves questioning whether they&#8217;re ready for the role, despite [&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 v28.2 (Yoast SEO v28.7) - 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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