Tax Market Knowledge

We have witnessed significant changes in the interim tax recruitment market over the past 12 months writes Kimberley Britt.

With so many recruiters to choose from, it is vital that you consider your options carefully before making your decision, writes Steven Berke. This article highlights the key factors one should consider when choosing an agency to partner with.

Is your company ready?

Driven by HMRC’s desire to push responsibility for the accuracy of tax onto the Boardroom agenda, the recent Budget announcement in April 2009 has resulted in the requirement that the ‘Senior Accounting Officer’ of qualifying companies (and their subsidiaries) must demonstrate that they have taken ‘reasonable steps’ to ensure that ‘appropriate accounting arrangements’ have been undertaken.

One of the key trends witnessed in the tax market through 2009 has been the increased desire from organisations to look to bring a tax resource in-house for the first time. Pure’s Taxation division’s Stewart King discusses the backdrop to increased tax control and how Pure are assisting organisations with their tax requirements.

With a drop in the number of opportunities and an increase in the number and calibre of suitable candidates, employers can be forgiven for being more selective. Ioulia Fenton discusses how the employer should get the most out of the recruitment process.

A new focus on Transfer Pricing has brought it into the corporate and political limelight, requiring tax professionals to assist corporations in their requirements to national tax authorities, writes interim specialist Marisa Hari.

Indirect tax has gained significant prominence within organisations in the UK and Europe, observes Pure’s interim tax specialist Dalia Greenwood. This emphasis has increased the demand for tax professionals in VAT project work and as permanent additions to company tax teams.

Pure's boutique tax team have a focus on recruiting for niche tax specialists and smaller independent firms. Our consultant, Paul Dunne has seen significant growth in this area recently which offers diverse and rewarding careers, with remuneration packages in many cases on a par with the larger firms.

No-one could have escaped the 2008 media focus on executive remuneration within the financial services sector. The quick buck, short-term bonus and remuneration structures failed to take into account risk which directly contributed to the current financial crisis.

We have seen a number of changes within the past year in the temporary and contract tax jobs market, Kimberley Britt, Interim Tax specialist writes.