Many business clients have difficulty interpreting and implementing the ever-changing UK tax regulations. In this case, many of them seek out the services of a chartered tax accountant. These accountants use their specialist knowledge of tax law in order to advise clients how to comply with Inland Revenue requirements, as well as to help them prepare and submit annual tax returns
Given that tax regulations are evolving on a continuous basis, it’s important that those working in this area keep up-to-date with any changes in the law, as well as being able to explain these issues in a clear manner
Positions are available in both the public and private sectors. Government departments recruit tax accountants, while other employers include charities, private accountancy practices, banks and consultancy firms. Later, many of those with significant experience in the role have the opportunity to choose the route of self-employment
Choosing this career path allows employees to earn an average of £42,500 across the country. Recent graduates can expect to earn up to £32,500 in a trainee position.