The rise in prominence of Indirect Tax
11 June 2009 by Dalia Jennings
Indirect tax has gained significant prominence within organisations in the UK and Europe, observes Pure’s Interim division's manager Dalia Greenwood. This emphasis has increased the demand for tax professionals in VAT project work and as permanent additions to company tax teams.
Towards the end of 2008, we have noted a significant increase in the demand for VAT professionals within the commercial and financial services sector on a temporary and permanent basis.
Some recent highlights in VAT include:
- The integration of the global economy is encouraging the spread of VAT/GST growth
- VAT/GST is a realtime tax which is effectively collected as transactions occur making it an attractive option for organisations who are looking to accelerate tax revenues.
- Changes to the way HMRC is able to conduct tax enquiries from April 2009
- VAT Compliance is highly critical as VAT risk, once identified, it can be well managed to create a competitive advantage and value for business.
- Recent legislative changes mean that claims that UK businesses can make on certain VAT-incurred expenses in other EU countries will be simplified.
- The UK VAT rate reduction to 15% will eventually revert back to 17.5%, or higher, requiring forward planning.
Some of these occurrences and other changes have resulted in businesses being more proactive and looking more closely at how to implement VAT strategies to benefit them. As a result, indirect tax has become high on the agenda for many organisations and has consistently been the topic of debate in the press.
As a result of this, there has been a huge demand for VAT Specialists to join an organisation on an interim basis to get involved with:
- VAT Compliance work
- VAT Systems implementation
- VAT Project Management/Supply Chain
- International VAT projects
At Pure’s Taxation Interim division, we have consultants who specialise in indirect tax jobs across financial services and the profession on a temporary and permanent basis.
For more information and an informed discussion on this topic as well as other market commentary please contact Dalia Greenwood on 0207 429 4427 or email : daliagreenwood@puretaxation.com.
What do you think?
Featured Tax Jobs
UK VAT manager based in London...
An exciting opportunity at Maersk Oil...
UBS are expanding thier tax team. Click here for more...
Whitbread PLC is the UK’s largest hotel and restaurant company and a leading constituent of the FTSE 100.
Sun Life Financial of Canada is a global group that operates in over 25 countries and has over 20 million customers.
Royal Mail is responsible for universal mail collection and delivery in the UK.
An outstanding opportunity with the world's leading premium drinks business.
Cable & Wireless Communications is a leading FTSE 250 telecommunication provider.
AZ Electronic Materials is a leading global supplier of electronic materials to the semiconductor and flat panel display markets.
Thomson Reuters is a leading provider of information for the world's businesses and professionals.
Balfour Beatty is a world-class, leading FTSE 250 infrastructure services business
This leading healthcare company are recruiting for interim tax professionals
Exciting opportunities with Chartis in London
Barclays Wealth is one of the UK’s leading wealth managers
One of the largest independent commodity traders are growing their tax team.
Excellent Opportunities with Jeffries
An Excellent opportunity with Inmarsat
An exciting opportunity with Cushman & Wakefield.
Find out more about these international tax jobs at this Big 4 firm.
We're assisting this FTSE100 international services company.
Current opportunities in London.





















