{"id":35663,"date":"2024-09-03T12:02:19","date_gmt":"2024-09-03T12:02:19","guid":{"rendered":"https:\/\/www.brewermorris.com\/?p=35663"},"modified":"2024-11-12T17:18:27","modified_gmt":"2024-11-12T17:18:27","slug":"uk-in-house-tax-market-update-and-salary-review-2024","status":"publish","type":"post","link":"https:\/\/www.brewermorris.com\/nl\/market-insight\/uk-in-house-tax-market-update-and-salary-review-2024\/","title":{"rendered":"In-house tax market update and salary review"},"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<p class=\"wp-block-paragraph\">With the help of our tax network, we can bring together the latest changes to the in-house tax market and offer comprehensive year-on-year salary comparisons, market trends and insights.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It\u2019s no secret that there has been a slowdown in tax hiring over the last 12 months. Macro-economic instability often goes hand-in-hand with a cautiousness to hire and following the post-covid hiring boom that saw salaries increase significantly, it isn\u2019t a surprise that our market data for 2024 has shown a period of stability.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Salary Increases have stalled compared to 2023 and more people are not seeing any pay-rises at all. Businesses have felt the market pinch and responded with below inflation increases. The bulk of pay rises (for over 50% of respondents) remained within the 1-5% bracket which is the same as a year ago.<\/p>\n\n\n\n<div class=\"flourish-embed flourish-chart\" data-src=\"visualisation\/18439642?2194339\"><script src=\"https:\/\/public.flourish.studio\/resources\/embed.js\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/public.flourish.studio\/visualisation\/18439642\/thumbnail\" width=\"100%\" alt=\"chart visualization\" \/><\/noscript><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-sector-analysis\">Sector analysis<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Our data shows that the sectors where tax professionals received the highest increase (over 21%) was within the financial services industries including:\u00a0 investment services (banking, PE and alternatives), insurance and brokerage. Commerce and industry businesses kept pay rises at the 10% level.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">The majority of pay rises of 21% or more, were for Manager and Senior Manager grade candidates. This shows the continued battle for talent at this level<\/p>\n<\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-bonuses\">Bonuses<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Continuing the theme, it\u2019s clear that bonus performance is down compared to last year. In a challenging market, this is always going to be the case. Compared to 2023, our data suggests a significant decrease in bonuses over 20%, which is likely why there was an increase in the bracket of 11-20% bonus. There was also a big increase (12%) of tax professionals receiving no bonus in 2024 compared to last year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The largest bonuses this year (over 31%) have been paid across the pharmaceuticals, travel, energy and insurance sectors.<\/p>\n\n\n\n<div class=\"flourish-embed flourish-chart\" data-src=\"visualisation\/18439472?2194339\"><script src=\"https:\/\/public.flourish.studio\/resources\/embed.js\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/public.flourish.studio\/visualisation\/18439472\/thumbnail\" width=\"100%\" alt=\"chart visualization\" \/><\/noscript><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-vacancy-trends\">Vacancy trends<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Vacancy flow has stuttered with a 10% drop compared to 2023. However, there is still a good appetite to hire good quality permanent and interim tax resource. Despite a tricky market, newly qualified and manager-level tax candidates continue to be in demand and can achieve significant salary uplifts. The good news for the senior market is that we are starting to see executive level roles come through and the churn will start to create opportunities.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In terms of job types; corporate tax compliance and reporting and VAT are core areas that are continually buoyant. Senior and experienced tax reporting candidates are becoming increasingly popular as demands become greater, and businesses are separating out process improvement\/tax technology into dedicated process improvement positions.<\/p>\n\n\n\n<div class=\"flourish-embed flourish-chart\" data-src=\"visualisation\/18439391?2194339\"><script src=\"https:\/\/public.flourish.studio\/resources\/embed.js\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/public.flourish.studio\/visualisation\/18439391\/thumbnail\" width=\"100%\" alt=\"chart visualization\" \/><\/noscript><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-hybrid-working-review\">Hybrid working review<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Our data suggests that hybrid working policies are remaining consistent year on year. The average days in the office has moved towards three days compared to two days in the office last year. A figure that is consistent with last year\u2019s salary survey, is that 85%+ people would turn down a job offer if they had to be in the office four days per week or more. Certainly something for businesses to keep in mind when they are scoping roles and considering their internal policies.<\/p>\n\n\n\n<div class=\"flourish-embed flourish-chart\" data-src=\"visualisation\/18439928?2194339\"><script src=\"https:\/\/public.flourish.studio\/resources\/embed.js\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/public.flourish.studio\/visualisation\/18439928\/thumbnail\" width=\"100%\" alt=\"chart visualization\" \/><\/noscript><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">If you are looking for more comprehensive benchmarking for your particular sector we are able to provide this for you across tax, treasury and finance. Our brand new <a href=\"https:\/\/www.brewermorris.com\/global-tax-salary-map\/\">online salary guide<\/a> is a new feature that will let us provide real-time updates to our global network.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For more information on any of the above and to arrange a discussion, please get in touch,<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<script charset=\"utf-8\" type=\"text\/javascript\" src=\"\/\/js-eu1.hsforms.net\/forms\/embed\/v2.js\"><\/script>\n<script>\n  hbspt.forms.create({\n    region: \"eu1\",\n    portalId: \"26669168\",\n    formId: \"2df64069-929b-4fc2-a802-c155f57b1455\"\n  });\n<\/script>\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_7300cc84cc5a5bc5068ff7550f21ea03\">\n\n\t\t<div class=\"eyebrow-group\">\n\t\t\t<h3 class=\"hd-block-job__title is-style-eyebrow 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href=\"mailto:kylelinzell@brewermorris.com\">kylelinzell@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:+442073329641\">+44 20 7332 9641<\/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\/\">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_91c59507bae59d3063fb44691a4b4af4\">\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:\/\/www.brewermorris.com\/resources\/career-advice\/\">See all career advice<\/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-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_91c59507bae59d3063fb44691a4b4af4-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_91c59507bae59d3063fb44691a4b4af4-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>\n<div class=\"card card--post post-55006 post type-post status-publish format-standard has-post-thumbnail hentry category-in-house category-tax category-uk tag-recruitment tag-tax hd_author-emily-okeeffe\" id=\"block_91c59507bae59d3063fb44691a4b4af4-job-55006\">\n\n\t<a class=\"card__link\" href=\"https:\/\/www.brewermorris.com\/nl\/market-insight\/tax\/how-indirect-tax-is-changing-and-what-it-means-for-tax-leaders\/\">\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\/07\/Detail_Young-businesswoman-pointing-at-monitor-during-a-presentation-in-the-office-GettyImages-2199395093-300x225.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\/07\/Detail_Young-businesswoman-pointing-at-monitor-during-a-presentation-in-the-office-GettyImages-2199395093-300x225.jpg 300w, https:\/\/www.brewermorris.com\/wp-content\/uploads\/sites\/4\/2026\/07\/Detail_Young-businesswoman-pointing-at-monitor-during-a-presentation-in-the-office-GettyImages-2199395093-2048x1536.jpg 2048w, https:\/\/www.brewermorris.com\/wp-content\/uploads\/sites\/4\/2026\/07\/Detail_Young-businesswoman-pointing-at-monitor-during-a-presentation-in-the-office-GettyImages-2199395093-1024x768.jpg 1024w, https:\/\/www.brewermorris.com\/wp-content\/uploads\/sites\/4\/2026\/07\/Detail_Young-businesswoman-pointing-at-monitor-during-a-presentation-in-the-office-GettyImages-2199395093-768x576.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 indirect tax is changing and what it means for tax leaders\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\">juli 29, 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 Indirect tax is entering a period of structural change. Across the UK and globally, tax authorities are moving away from retrospective reporting towards real time data collection.\u00a0\u00a0 The rise of e\u2011invoicing, digital reporting requirements and continuous transaction controls is fundamentally reshaping how value added tax is managed, reported and governed.&nbsp; For [&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>With the help of our tax network, we can bring together the latest changes to the in-house tax market and offer comprehensive year-on-year salary comparisons, market trends and insights. It\u2019s no secret that there has been a slowdown in tax hiring over the last 12 months. Macro-economic instability often goes hand-in-hand with a cautiousness to [&hellip;]<\/p>\n","protected":false},"author":145,"featured_media":35721,"comment_status":"closed","ping_status":"closed","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":[23,18,20,21,35],"tags":[],"hd_author":[],"class_list":["post-35663","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-in-house","category-market-insight","category-market-update","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>In-house tax market update and salary review - 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-in-house-tax-market-update-and-salary-review-2024\/\" \/>\n<meta property=\"og:locale\" content=\"nl_NL\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"In-house tax market update and salary review\" \/>\n<meta property=\"og:description\" content=\"With the help of our tax network, we can bring together the latest changes to the in-house tax market and offer comprehensive year-on-year salary comparisons, market trends and insights. It\u2019s no secret that there has been a slowdown in tax hiring over the last 12 months. 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