Why should you choose a career in tax?

Tax is a fast paced and dynamic environment that sits at the heart of the business decision making.

You may be under the impression that it can be boring and wonder why someone would choose a career in this area of the accountancy profession – this is a myth!

First and foremost – you will never be without a job. The world of tax is so varied presenting new challenges keeping with new legislation and introduction of new tax law.

Unlike some areas of the accountancy and finance profession, there is clear and stable career progression for tax professionals with opportunities to progress in practice or move in-house.

Working in tax you will build up a wide variety of experience with exposure to different clients and industries all with their unique tax requirements. No two businesses will have the same requirements and challenges when it comes to tax.

You have the ability to have a direct role in shaping the future of a client’s business or helping them and their families in their personal lives.

With the introduction of Making Tax Digital, increased emphasis on innovation and R&D tax and Brexit looming, it appears to be an uncertain yet exciting period in the world of tax.

What skills do you need to be a successful tax professional?

A good quality tax professional requires attention to detail with a strong analytical approach.

This is a dynamic and fast paced environment which is only going to increase as we experience digital changes and the introduction of automation. Strategic thinking is an essential attribute for anyone looking to forge a career in taxation.
Tax provides you with a great opportunity to develop your soft skills owing  to the varied client exposure across all tax disciplines.

Communication skills are paramount as you will need to be able to interact with clients and explain complex information in a way that is easy for them to understand.

Tax professionals that can demonstrate a wider commercial awareness stand out amongst their peers as they have a deeper understanding of the industry which they can apply to their client work.