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Dominic Watt

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Dominic Watt

Managing Consultant | Tax Practice

As a consultant on the Tax Practice team here at Pro-Tax I specialise in the recruitment of tax professionals at all levels into independent accountancy practices within London. Firms vary in size however there is a focus on boutique and mid-tier firms. 

Given the above, my network is; specific, reachable and approachable. With clients, I work directly with Partners enabling recruitment to be efficient and thorough. With candidates, I am able to reach out to my immediate network as soon as a need arises.

Throughout my time at Pro-Tax, I have always worked on smaller accountancy practices placing tax professionals. This has ensured that my knowledge of Central London firms and Central London candidates is current and always at the forefront of my mind. 

Outside of work you’ll find me on the golf course, watching the Hammers and socialising with friends and family, all amongst feeding my obsession for collecting sneakers.

Having already sky dived, my bucket list is pretty non-existent. Saying this, my dream would be to qualify as a Ski Instructor and spend the summer months in Zermatt, Switzerland.

dominic's latest roles

  • Mixed Tax Assistant Manager - North L...

    £45000 - £50000 per annum

    Are you looking for something closer to home? If so then this may be the job for you. A leading North London Accountancy Practices is seeking an Assistant Mixed Tax Manager to join their team, in a truly exc...

    Read more...
  • Private Client Senior Tax Manager - A...

    £65000 - £75000 per annum

    The tax department of a prestigious 13 partner accountancy practice is seeking a Private Client Senior Tax Manager to join them. This is an exciting opportunity that would directly report to the head of tax....

    Read more...
  • Corporate Tax Senior - Mid Tier Firm

    £32000 - £40000 per annum

    This is a fantastic opportunity for a Corporate Tax Senior to join a Central London-based mid-tier accountancy practice. This practice has undergone a period of growth over the last couple of years with its ...

    Read more...
  • Personal Tax Senior with ATT

    £30000 - £45000 per annum

    If you are ATT qualified and looking for a new opportunity then a great role is currently available. An established mid-tier Accountancy Practice based in Central London is seeking a Personal Tax Senior to j...

    Read more...
  • Private Client Tax Manager

    £50000 - £60000 per annum

    A fantastic opportunity for a Private Client Tax Manager has arisen in an Independent Accountancy Practice. They have an excellent reputation that far exceeds the expectations of a firm of this size. The rol...

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  • Mixed Tax Assistant

    £23000.00 - £28000.00 per annum

    An award-winning independent accounting firm is currently hiring for a Mixed Tax Assistant. This is an excellent opportunity to work for more personal, boutique practice with the best interests of its client...

    Read more...
  • Business Tax Manager

    £55000 - £65000 per annum

    A Top 50 Accountancy practice based in Central London is seeking a Corporate Tax Manager to join them. The Corporate Tax Manager will be working closely with the senior management team supporting them with t...

    Read more...
  • Personal Tax Senior

    £35000 - £45000 per annum

    Are you a Private Client Tax Semi-Senior looking for a step up or an established Private Client Senior looking for an award-winning practice where the staff is their number one priority? If the answer is yes...

    Read more...
  • Corporate and Business Tax Assistant ...

    £48000 - £55000 per annum

    A leading and award-winning top 20 accountancy practice is heavily investing in its corporate and business tax department. As such, there is a need for a Corporate Tax Assistant Manager in London. The team p...

    Read more...
  • Corporate and Business Tax Supervisor...

    £40000 - £48000 per annum

    As a result of ongoing growth, this leading and award-winning top 20 accountancy practice is heavily investing in its corporate and business tax department. As such, there is a need for a Corporate Tax Super...

    Read more...
  • Corporate Tax Manager - Not for Profit

    Negotiable

    Corporate Tax Manager-Not for Profit A highly regarded mid-tier practice is looking for a Corporate Tax Manager that specialises in the non-profit sector to join their London office. As Corporate Tax Manager...

    Read more...
  • Corporate and Business Tax Manager (A...

    £55000 - £65000 per annum

    This top 20 accountancy practice is heavily investing in its corporate and business tax department. As such, there is a need for a Corporate Tax Manager in London. The team pride themselves on their technica...

    Read more...
  • Business Tax Senior Manager - Hampshire

    Negotiable

    A leading, established and highly successful Chartered Accountants based in Hampshire is seeking a Business Tax Senior Manager. This is a fantastic opportunity, to work closely with the Directors of the firm...

    Read more...
  • VAT Manager

    £60000 - £70000 per annum

    A leading member of a highly regarded international accounting network is seeking a VAT Manager to join their well established and growing department. This is a key role within the department, where you will...

    Read more...
  • Head of Business Tax - Southampton

    Negotiable

    Are you a driven and ambitious corporation tax expert looking for future partnership prospects? If so, this Head of Business Tax opportunity, working for a leading accountancy practice that is highly regarde...

    Read more...
  • Corporate Tax Manager

    Negotiable

    Corporate Tax Manager A leading top 20 practice is looking for a Corporate Tax Manager to join their London office. As Corporate Tax Manager, your role will be advisory focused and you will work closely with...

    Read more...
  • Tax Senior - North West Surrey

    £30000 - £40000 per annum

    An exciting opportunity has arisen for an experienced tax professional looking to work locally to home in Surrey. This role will be reporting directly to the Tax Partner and will offer fantastic exposure to ...

    Read more...
  • Corporate Tax Senior Associate

    £38000 - £43000 per annum

    As a result of continued growth, despite recent events, an industry-leading accountancy practice is looking to hire a Corporate Tax Senior Associate. You will be responsible for a varied portfolio of clients...

    Read more...
  • Corporate Tax Director - Southampton

    Negotiable

    A highly regarded accountancy practice across the South coast, is seeking a Corporate Tax Director to help develop and grow the business. This is a challenging and varied role and will include tax compliance...

    Read more...
  • Mixed Tax Senior

    Negotiable

    Due to dramatic growth in recent years, a leading international firm of accountants is seeking a Mixed Tax Senior to join their office in one of their Hampshire offices. As a Tax Senior you will be directly ...

    Read more...
  • Private Client Tax Senior

    £32000 - £40000 per annum

    A highly regarded private client tax accounting firm is seeking a Private Client Tax Senior to join their office in Surrey. This is a mixed compliance and advisory opportunity where you will be responsible f...

    Read more...
  • M&A Tax Manager - London

    £60000 - £75000 per annum

    M&A Tax Manager Do you want to play a vital part in the growth of an M&A team? Are you looking for the chance to work on every deal from start to finish, covering all aspects? Due to an ever-growing workload...

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  • Private Client Tax Senior Associate -...

    £37000 - £43000 per annum

    Are you an experienced private client tax professional looking to enhance your career in a leading accountancy practice? An opportunity has arisen to work within the private client tax team of a leading firm...

    Read more...
  • VAT Manager or Senior Manager - London

    Negotiable

    One of the largest and most successful mid-tier VAT departments in London is seeking an experienced Manager or Senior Manager in London. This is a VAT advisory role that covers multiple sectors, including Fi...

    Read more...
  • Corporate Tax Manager - Southampton

    £55000 - £65000 per annum

    An award-winning mid-tier tax team are looking for a Corporate Tax Manager for their Southampton office because of sustained growth. The primary responsibility of this role will be to manage a portfolio of c...

    Read more...
  • Private Client Tax Senior Manager

    £60000 - £70000 per annum

    A leading private client tax accountancy practice is looking for a Private Client Tax Senior Manager to join their Surrey office. This is a well-rounded opportunity where you will be responsible for managing...

    Read more...
  • Corporate Tax Senior Manager

    £65000 - £75000 per annum

    An exciting opportunity for a Corporate Tax Senior Manager to join a Boutique accountancy practice in the heart of the West End has become available. The Corporate Tax Senior Manager will be working closely ...

    Read more...
  • Tax Senior - Somerset

    £26000 - £33000 per annum

    Would you like to work for one of the largest accounting and business services firms in the South West? If so an opportunity for a Tax Senior has arisen in both of their Taunton and Weston-Super-Mare offices...

    Read more...
  • Corporate Tax Assistant Manager

    £45000 - £55000 per annum

    Want to be part of a Corporate Tax team of a leading Accountancy Practice? Due to a period of growth, they are seeking a Corporate Tax Assistant Manager to join them. They have a clear vision for the team to...

    Read more...
  • Corporate Tax Manager

    £48000 - £55000 per annum

    As a result of continued growth, despite recent events, an industry-leading accountancy practice is looking to hire a Corporate Tax Manager. The primary responsibility of this role will be to deal with all m...

    Read more...
  • Corporate Tax Senior - Newly Qualifie...

    £40000 - £48000 per annum

    Corporate Tax Senior - Newly Qualified London - Top 10 Up to £48,000 Have you recently passed your CTA or a finalist expecting your results? Would you like to work for a practice that offers a high calibre o...

    Read more...
  • Corporate Tax Senior Associate - Sout...

    £38000 - £43000 per annum

    An industry-leading accountancy practice is looking to hire a Corporate Tax Senior Associate, as a result of continued growth. You will be responsible for a varied portfolio of clients from start-ups to larg...

    Read more...
  • Private Client Tax Manager

    £58000.00 - £68000.00 per annum

    A dynamic and forward think top 50 accounting firm in London is seeking a Private Client Tax Manager. As a Manager in the private client tax department, the main focus of your role will be to manage a divers...

    Read more...
  • Private Client Semi-Senior

    £30000.00 - £35000.00 per annum

    An award-winning independent accounting firm is currently hiring for a Personal Tax Semi-Senior. This is an excellent opportunity to work for more personal, boutique practice with the best interests of its c...

    Read more...
  • Personal Tax Manager

    £55000 - £65000 per annum

    A medium sized accountancy practice is seeking an experienced Personal Tax Manager to join their team in London. As part of an established team, you will be responsible for own portfolio of varied and intere...

    Read more...
  • Corporate Tax Senior

    £38000 - £48000 per annum

    Do you have a strong background in corporation tax compliance? Are you looking for a role at Tax Senior level? An opportunity has arisen for an experienced corporate tax professional within a mid-tier centra...

    Read more...
  • VAT Manager

    £55000 - £65000 per annum

    VAT Manager London Up to £65,000 Are you an experienced VAT/Indirect Tax specialist operating at Manager level? Do you want a progressive role that offers a clear path to progress? Due to consistent growth a...

    Read more...
  • Personal Tax Senior - CTA Qualified

    £40000 - £50000 per annum

    Are you CTA qualified and looking to work for a market-leading private client tax team? Do you want to gain exposure that will excel your career as a private client tax professional? Would you like to work f...

    Read more...
  • Tax Supervisor

    £38000.00 - £45000.00 per annum

    An established 5 Partner independent accountancy practice, based in the heart of the city, is seeking a Tax Supervisor. The role will be hands on and extremely varied, giving you crucial experience to develo...

    Read more...
  • Corporate Tax Senior - Bristol

    £30000 - £35000 per annum

    Do you have a good understanding of dealing with corporate tax compliance matters? Would you like to work for one of the largest independent firms of chartered accountants in the South West? Due to growth, t...

    Read more...
  • Corporate Tax Manager - Bristol, Pool...

    £40000 - £55000 per annum

    One of the largest independent firms of chartered accountants in the South West is currently undergoing growth in their tax department. As such they are looking to invest by bringing in a Corporate Tax Manag...

    Read more...
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What people say about Dominic

Dominic is professional in his approach and understands his client's needs. Always approachable and able to give an honest appraisal of the strengths and weaknesses of any application, Dominic understands the market and its direction of travel...


First class service, I would definitely recommend Dominic. I always had a steady flow of vacancies.


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Companies Dominic has worked with

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  • W1siziisijiwmtkvmtavmtuvmtevntuvmjevnzm3l0nvchkgb2ygq2fzzsbtdhvkesbmb2dvifrlbxbsyxrlicgxnth4odjweckgkdeplnbuzyjdlfsiccisinrodw1iiiwimtu4edgyiyjdxq
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The organisation Saffery Champness is one of the UK’s top 20 accountancy practices with a network of nine offices in the UK plus offices in Guernsey, Geneva and Zurich. With 68 UK partners and approximately 500 employees, they are recognised as one of the UK’s leading firms of private client advisers, specialising in providing advice to a broad range of individuals, their families, businesses and wider interests. 

Elman Wall was co-founded in 1995 with the aim of launching a more personal, boutique practice with the best interests of its clients at its core. Today they are an award-winning firm with a tax team of over 10 team members, supported by 3 Directors, based in the heart of the City of London near Bank station. As part of their enduring ethos and dedication to outstanding service, all clients enjoy full access to the Directors.

Crowe UK is a leading audit, tax, advisory and risk firm with a national presence to complement their international reach. They are an independent member of Crowe Global, the eighth largest accounting network in the world. 

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dominic's articles

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CTA Results: May 2021 compared to November 2020

Posted by Dominic Watt

Summertime in the UK usually means going on holiday and soaking up some sun but for much of the tax profession, it means receiving results from exams. Just under a week ago (at the time of writing), the CIOT announced the results from its examinations taken by 1,219 candidates in May 2021. In addition to this, there were a further 499 candidates who sat one or more papers on ACA CTA joint programme, 834 candidates who sat a combination of ATT and CTA papers, as well as 51 candidates who sat exams for the first time on the newest route to qualification, CA CTA joint programme.  Peter Rayney, Institute President confirmed “323 candidates have now successfully completed all of the CTA examinations. Included in this figure are 54 candidates who were on the ACA CTA Joint Programme and 71 candidates who have now fully completed the ATT CTA Tax Pathway by passing the CTA element” As a tradition, I’ve taken a moment to draw up an overview and compare the result of the most recent sitting to those of November 2020. Advanced Technical – May 2021 Paper Total sitting exam Candidates passed Pass rate Taxation of Owner-Managed Businesses 883 585 66% Domestic Indirect Taxation 92 53 58% Inheritance Tax, Trusts and Estates 128 52 41% Human Capital Taxes 77 27 35% Taxation of Individuals 452 221 49% Cross-border Indirect Taxation 48 32 67% Taxation of Major Corporates 362 193 53% Advanced Technical – November 2020 Paper Total sitting exam Candidates passed Pass rate Taxation of Owner-Managed Businesses 872 365 42% Domestic Indirect Taxation 93 32 34% Inheritance Tax, Trusts and Estates 139 68 49% Human Capital Taxes 66 11 17% Taxation of Individuals 612 358 58% Cross-border Indirect Taxation 46 26 57% Taxation of Major Corporates 298 176 59% Awareness – May 2021    111 candidates passed this paper out of a total of 189 sitting the examination. A pass rate of 59%. Awareness – November 2020 181 candidates passed this paper out of a total of 275 sitting the examination. A pass rate of 66%. Application and Professional Skills – May 2021  Paper Total sitting exam Candidates passed Pass rate Taxation of Individuals 91 50 55% Taxation of Larger Companies and Groups 71 51 72% Taxation of Owner-Managed Businesses 255 131 51% Human Capital Taxes 36 18 50% VAT & Other Indirect Taxes 23 13 57% Inheritance Tax, Trust & Estates 47 25 53% Application and Professional Skills – November 2020 Paper Total sitting exam Candidates passed Pass rate Taxation of Individuals 72 36 50% Taxation of Larger Companies and Groups 77 34 44% Taxation of Owner-Managed Businesses 212 104 49% Human Capital Taxes 31 12 39% VAT & Other Indirect Taxes 16 7 44% Inheritance Tax, Trust & Estates 40 22 55% In summary, highlighted in green are those that saw an increase in pass rate, whereas those highlighted in red saw a decrease. As you can see from the above, it was great to see an increase in pass rates for several of the exams. In particular, all of the Application and Professional Skills exams saw a pass rate except from the Inheritance, Trusts and Estates paper which was a marginal 2% difference. The team and I here at Pro-Tax would like to congratulate all of those that have successfully achieved CTA status in what remains to be extraordinary circumstances. It’s a huge weight off your shoulders and you should certainly enjoy a period of time without being inundated with legislation to study! If you are seeking career advice for the next steps after qualifying, then please do not hesitate to get in contact. The market is extremely busy with a large proportion of the accountancy practice market looking to hire. For those that didn’t receive the results they were hoping for, it’s time to pick yourself back up, reflect and continue with sheer grit and determination. The CTA is an extremely tough qualification, but rest assured it will all be worth it in the long run! If for whatever reason you are not receiving the relevant support you need with your exams, then we are also here to assist.  For more information on this article or for help with the next steps in your tax career after your CTA results, contact Dominic Watt on 020 7269 6310 or dominic.watt@pro-tax.co.uk.

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CTA Results: The Effect of a Global Pandemic?

Posted by Dominic Watt

The May 2020 examinations for CTA were held in June and July as a result of the COVID-19 pandemic. The CIOT accelerated the introduction of online exams to allow those who had been preparing for the Application and Professional Skills paper (APS) to still do so. This was done be a remote invigilated system. The rest were sadly cancelled.  During an extremely uncertain time, a total of 291 people sat the exam and of which 64 individuals successfully passed and were eligible for membership to the institute. It was commented by Glyn Fullelove, The Institute President, that “the technology used was new to CIOT” and they know “it brought its own challenges to some candidates”. As a result, all those unsuccessful at this sitting were offered free entry for APS in either November 2020 or May 2021’s sittings.  Thursday 28th January 2021 marked a highly anticipated day for those who were awaiting their results from the November 2020 sitting. It was announced that 1,396 people took the exams and that 313 of which had been successful in completing all exams for membership (included in this were those who were studying for ATT/CTA and ACA/CTA joint pathways).  Given the cancellations May, it was only fair to compare the most recent results to those of November 2019, taken by 1,528 candidates. As follows is a breakdown and comparison of these results by examination: Advanced Technical – November 2020 Paper Total sitting exam Candidates passed Pass rate Taxation of Owner-Managed Businesses 872 365 42% Domestic Indirect Taxation 93 32 34% Inheritance Tax, Trusts and Estates 139 68 49% Human Capital Taxes 66 11 17% Taxation of Individuals 612 358 58% Cross-border Indirect Taxation 46 26 57% Taxation of Major Corporates 298 176 59% Advanced Technical – November 2019 Paper Total sitting exam Candidates passed Pass rate Taxation of Owner-Managed Businesses 697 264 38% Domestic Indirect Taxation 57 15 26% Inheritance Tax, Trusts and Estates 93 42 45% Human Capital Taxes 42 22 52% Taxation of Individuals 435 222 51% Cross-border Indirect Taxation 58 35 60% Taxation of Major Corporates 258 162 63% Awareness – November 2020 181 candidates passed this paper out of a total of 275 sitting the examination. A pass rate of 66%. Awareness – November 2019  152 candidates passed this paper out of a total of 228 sitting the examination. A pass rate of 67% Application and Professional Skills – November 2020 Paper Total sitting exam Candidates passed Pass rate Taxation of Individuals 72 36 50% Taxation of Larger Companies and Groups 77 34 44% Taxation of Owner-Managed Businesses 212 104 49% Human Capital Taxes 31 12 39% VAT & Other Indirect Taxes 16 7 44% Inheritance Tax, Trust & Estates 40 22 55% Application and Professional Skills – November 2019 Paper Total sitting exam Candidates passed Pass rate Taxation of Individuals 52 32 62% Taxation of Larger Companies and Groups 53 27 51% Taxation of Owner-Managed Businesses 216 119 55% Human Capital Taxes 27 14 52% VAT & Other Indirect Taxes 17 11 65% Inheritance Tax, Trust & Estates 47 25 53% In summary, highlighted in green are those that saw an increase in pass rate, whereas those highlighted in red saw a decrease. Bearing in mind the past year, the notable difference is the climate the exams were taken in. However, it was fantastic to see that several of the advanced technical papers saw an increase in pass rate. This is a period of change and pass rates are envisaged to increase as people get more used to online examinations. Pro-Tax would like to extend their congratulations to those that received the exam results they were hoping for, it is a fantastic achievement. If you need career advice around next steps after CTA or salary advice, please do not hesitate to get in touch. For those that did not get the results they were hoping for, please do not worry. These exams are not easy in any normal circumstance. This is a perfect time to reflect, dust yourself off and get ready to smash the exams next time round! If you are not receiving the support you need for your qualification, we are also here to help. For more information on this article or for help with the next steps in your tax career after your CTA results, contact Dominic Watt on 020 7269 6310 or dominic.watt@pro-tax.co.uk.

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Onboarding: “the action or process of integrating a new employee into an organisation” - PKF Littlejohn

Posted by Dominic Watt

With what has been a whirlwind nine months during this current pandemic, many organisations have adapted to new ways of working, new technologies and new work structures. Dominic Watt, Managing Consultant at Pro-Tax speaks with Karen Soo (HR and Recruitment Specialist) from PKF Littlejohn and discusses how they reacted to lockdown and getting back to hiring ways with a newly reformed onboarding system. The importance of a good onboarding cannot be underestimated. This is the opportunity for employers to ensure that new employees are engaged from the get-go. With hiring processes being both time-consuming and costly, it is an absolute must to prevent any early stage disengagement.   In March 2020, the UK government announced a national lockdown and what followed was the largest economic recession since the Great Depression. It came as no surprise that recruitment freezes were seen across the nation.  Uncertainty loomed and nobody knew what was about to be faced in the coming months. However, for PKF Littlejohn it was more of a pause and reflection before they turned the ‘hiring taps’ back on. The business had to face the facts that getting 100% interaction, as you do with a face-to-face onboarding, may be something of the past and had to act efficiently. With an already agile workplace and last year’s investment in a new IT infrastructure, PKF Littlejohn managed to adapt with ease and have really hit the nail on the head. Being in the mindset of embracing technology and moving with the times has certainly helped. In terms of change, they had an already robust onboarding programme for new starters but had to tweak things slightly. The most critical change was around “over-training and over-communicating, regardless of level of seniority.” Having more touch points throughout the day has ensured those new colleagues felt fully supported during those critical first few weeks. In addition to this, they continue to draw up fully comprehensive schedules and ensure all meetings are booked with relevant members of the business in advance. This even comes down to administrative support and IT to ensure everything runs smoothly, all voices are heard and due to them having an enhanced structured approach. With years of experience in HR and Recruitment, a key ‘top tip’ from Karen is to "work to the strengths of the technology available", even more so as we head towards 2021 and the ‘new norm’ to prevent the business from falling behind, the show must go on as they say..  Since lockdown, all the firm’s interviews have been conducted via Zoom. This has had a positive impact and improved the overall candidate experience. As well as this, interviewing processes have become easier with more general availability to arrange a video call over having to attend a face- to-face interview. In summary (with the pandemic not disappearing anytime soon) it is paramount to adopt crucial changes to business procedures, especially when it comes to the recruitment process and onboarding. At the end of the day, you do not get a second chance to make a first impression!  Dominic is having daily conversations with many hiring organisations to ensure he is best advised on market situations. For any help with your recruitment needs, or further discussion on how to best onboard your teams, please contact Dominic on 020 7269 6310 or email dominic.watt@pro-tax.co.uk

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A Career in Tax - Seriously Worth Considering

Posted by Dominic Watt

“I want to be ‘X’ when I grow up”... A phrase we have all said at least once at some point in our lives. I know for a fact that I pondered on this thought at every milestone of my life growing up. Primary school: Astronaut, Secondary School: Footballer and College: Lawyer. I’m not sure if it was just me in this boat but it was a daunting task to think about what I genuinely wanted to do, career-wise, longer-term.   Having now spent several years specialising in tax recruitment, advising individuals at various stages of their career, I thought it was a great opportunity to reflect on why a career in Tax could be highly rewarding for anyone considering this route. Especially with the market being in demand for high-quality individuals!   So, what is Tax? Tax: “(an amount of) money paid to the government that is based on your income or the cost of goods or services you have bought" For most, paying tax seems like an endless chore. However, its fact of life and something that affects individuals and businesses alike. As a Tax Professional, you can be the Batman to Gotham but instead, help save money on tax bills. In a nutshell, key responsibilities will include knowing tax law, breaking this down into layman terms, identifying new ways to save money whilst ensuring it's all done in a fully compliant and timely manner.   Types of Tax:  Broadly speaking, there are three main types of taxes: Corporate Tax: Tax for companies and businesses. These could be small and medium-sized enterprises (SMEs), Owner Managed Businesses (OMB’s) or Large and Listed (FTSE100). There are specialisms within this such as Transfer Pricing, M&A and Employment tax to name a few. Personal Tax: Tax for individuals. There is also the option to specialise here, including Inheritance Tax, Capital Gains Tax, Trusts. Value Added Tax (VAT): Tax on goods and services.   Where to work:  Accountancy Practices: This can range from the small boutique/independent firms through to mid-tier, all the way to the largest being the ‘Big 4’ (PwC, Deloitte, EY and KPMG). They act on behalf of a range of clients and across varying sectors. Commerce and Industry (In-House): This is where you will be solely working for one business and handling all their taxes, say Vodafone for example.    Career Path:  In an accountancy practice, your career path and opportunities to progress will be very linear. You’ll start as a Graduate/Tax assistant, progressing through to Tax Semi-Senior, then Senior. After this it will be Assistant Manager, Manager, Senior Manager and then comes Directorship. The final piece of the puzzle will be becoming a Tax Partner. Of course, there may be a few additional steps depending on the firm in question, but this gives a rough idea.   On the flip side, a career in-house will look different from that in terms of titles and promotions. On occasion the teams tend not to be as big as those in the larger accountancy practices, thus meaning fewer levels to climb. As a result, an ‘upwards’ move may take slightly longer.    Qualifications:  The two main qualifications in Tax are ATT and CTA.   ATT will help those starting their career and gives a solid understanding of core compliance principles. This is vital in ensuring client’s tax returns are completed accurately and filed on time. CTA is the next big milestone after ATT and is when you become a Chartered Tax Advisor. Being an advisor switches the focus to the problem solving, consultancy side of tax. It’s about knowing rules and legislation inside out, to take advantage of any loopholes, thus making the client’s finances as tax-efficient as possible. For anyone looking to further their career in some of the specialist fields, there are options available such as ADIT and STEP.   Lifestyle and remuneration:  Work-life balance is a very hot topic in today's working world. For those working in practice, hours tend to be longer especially with key deadlines to be met and this could result in additional evenings and weekends where you are required to work. However, the accounting world is continuing to develop and has become hugely accommodating to agile and flexible working to be competitive. Salary will rise steadily and is usually dependent on the firm you work for, your experience and qualifications. Broadly speaking, someone with a few years tax experience with the ATT qualification will be compensated around the 35k mark, this is likely to increase by at least 10k with a few further years’ experience and the CTA. After this, the world is your oyster and salaries can easily reach six figures and (in some cases), much higher, especially Partners in Big 4. Those working in Commerce and Industry are likely to be remunerated at a greater level than in practice and likely to see enhanced benefits packages (pension, days holiday etc). However, there are fewer opportunities available, thus making it more competitive.   In summary A career in tax can be highly prosperous and rewarding, not only financially but also in terms of professional development. It offers a genuine chance to progress, ensuring your career does not stagnate. With tax legislation changing all the time, you will be sure to be kept on your toes! Here at Pro-Tax we focus primarily focus on tax opportunities for those with a minimum of 12-18 months of experience and who are likely to be studying for their ATT. For those wishing to embark on a career in tax, please do familiarise yourself with the Accountancy Age Top 50+50: https://www.accountancyage.com/rankings/top-5050-accountancy-firms-2019/ This will give you a good insight into the top 100 accounting firms in the UK, all of which are likely to advertise their graduate programmes and entry-level positions. The above is simply an insight to those interested in a career with tax and there is certainly more to this than meets the eye!   Regardless of whether you are just learning the ropes in tax or if you are seeking genuine career advice as a more experienced tax professional, please do not hesitate to contact Dominic Watt on 0207 269 6310 or dominic.watt@pro-tax.co.uk.

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CTA Results: A Comparison Between July 2019 and January 2020

Posted by Dominic Watt

Wednesday 22nd January 2020 was a significant date for those tax professionals eagerly awaiting their CTA results. The Chartered Institute of Taxation (CIOT) announced that from the 1,528 candidates that sat the examinations, 224 successfully completed all CTA exams. Included in this were 54 on the ACA CTA Joint Programme and 34 who now fully completed the ATT CTA Tax Pathway by passing the CTA element. Comparing this to the previous results that were announced in July 2019, from a total of 1,526 individuals, 132 successfully completed all the CTA exams. Included were 30 candidates on the ACA CTA Joint Programme and 23 who fully completed the Tax Pathway by passing the CTA element. Below sees a further breakdown and comparison of these results by examination: Advanced Technical – January 2020  PaperTotal Sitting ExamCandidates PassedPass RateTaxation of Owner-Managed Businesses69726438%Domestic Indirect Taxation571526%Inheritance Tax, Trusts and Estates934245%Human Capital Taxes422252%Taxation of Individuals43522251%Cross-Border Indirect Taxation583560%Taxation of Major Corporates25816263% Advanced Technical - June 2019 PaperTotal Sitting ExamCandidates PassedPass RateTaxation of Owner-Managed Businesses66025038%Domestic Indirect Taxation662842%Inheritance Tax, Trusts and Estates893742%Human Capital Taxes502040%Taxation of Individuals52934465%Cross-Border Indirect Taxation522038%Taxation of Major Corporates20211255% Awareness – January 2020 152 candidates passed this paper out of a total of 228 sitting the examination. A pass rate of 67%. Awareness – June 2019  139 candidates passed this paper out of a total of 182 sitting the examination. A pass rate of 76%. Application and Professional Skills – January 2020 PaperTotal Sitting ExamCandidates PassedPass RateTaxation of Individuals523262%Taxation of Larger Companies and Groups532751%Taxation of Owner-Managed Businesses21611855%Human Capital Taxes271452%VAT & Other Indirect Taxes171165%Inheritance Tax, Trust & Estates472553% Application and Professional Skills – July 2019 ​ PaperTotal Sitting ExamCandidates PassedPass RateTaxation of Individuals482144%Taxation of Larger Companies and Groups472349%Taxation of Owner-Managed Businesses20612259%Human Capital Taxes311858%VAT & Other Indirect Taxes251456%Inheritance Tax, Trust & Estates462657% In summary, highlighted in green are those that saw an increase in pass rate, whereas those highlighted in red saw a decrease. Some notable papers to mention were Domestic Indirect Taxation and Taxation of Individuals which saw differences of 16% and 14% retrospectively. However, overall, the number of individuals who successfully became fully qualified increased by 92. Pro-Tax would like to wish a huge congratulations to those who received the exam results they were hoping for - it’s a great achievement and a huge weight off your shoulders! Aside from enjoying your evenings and weekends, the benefits of being a Chartered Tax Adviser will soon be seen. If you need career advice around next steps after CTA or salary advice, please do not hesitate to get in touch. For those of you who didn’t get the results they were hoping for, don’t panic or stress. This is a perfect time to reflect, dust yourself off and get ready to smash the exams next time round! If you are not receiving the support you need for your qualification, we are also here to help.  For more information on this article or for help with the next steps in your tax career after your CTA results, contact Dominic Watt on 020 7269 6310 or dominic.watt@pro-tax.co.uk.

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September 2019: Tax Movers and Shakers

Posted by Dominic Watt

Stay up-to-date with the movers and shakers in the tax sector. Here are the key movements in September 2019: PRACTICE LONDON Richard Maitland joins MHA Macintyre Hudson as Partner in its Human Capital Advisory team, bringing 18 years of experience in the human capital field. He will lead all work related to employment tax. Anderson Global have continued their expansion by hiring Miles Dean and Zoe Wyatt in the UK. Miles and Zoe previously worked at Milestone and as part of Andersen Tax, they will provide a broad range of international tax services to corporations and private clients, investment funds and real estate investors and developers. Martina Fitzgerald joins Carter Backer Winter (CBW) from Menzies as Private Client Tax Partner, bringing a wealth of experience across a range of private client matters. Blick Rothenberg have appointed Neil Insull as Corporate Tax Partner. Neil joins from Haines Watts and has been advising on business tax for 30 years, across practice and industry. Irfan Butt joins RSM as Partner within the Real Estate tax team. Prior to this, Irfan worked for PwC as a Director in Real Estate Funds. Christopher Williamson, Private Client Tax Lawyer from TLT has joined Price Bailey as Private Client Partner. ESSEX Adela Cebotari has been appointed by RSM as Private Client Associate Tax Director in their Chelmsford office. Adela joins from Price Bailey and brings over 10 years of private client experience.​ MIDLANDS AND THE EAST: Phil Stevens joins Foxley Kingham as Tax Director. Phil has nearly 20 years of experience gained from mid-tier and boutique accounting firms. RSM in Birmingham has hired a new Corporate Tax Director. Rajh Chana joins from PwC where he spent over 13 years specialising in their Private Business team. NORTH EAST: Liz Rothery has been appointed by Baldwins as Associate Tax Director. Liz is a specialist in IHT and Trust planning. With 14 years’ experience in private client tax planning, Liz previously worked for PwC. OTHER: Top 15 firm, MHA Macintyre Hudson has strengthened its VAT offering through the acquisition of Martin Pooley’s accountancy practice in Norwich. COMMERCE & INDUSTRY Michael McCotter has been appointed the Head of Tax at Charterhouse Capital Partners. His practice experience includes stints with Deloitte and Dixon Wilson and Michael spent a little over 18 years in the team at DH Private Equity Partners where he was most recently Head of Tax before making the move. Cognizant have brought in Lawson Rose at a senior level as Transfer Pricing Director. PwC trained, Lawson’s in-house experience has most recently been within the pharmaceutical sector with Shire and Takeda, respectively. Trent Emtage is the new SVP Global Tax at ContourGlobal. Trent’s background is from the Big 4 with PwC and EY and he is vastly experienced within the Oil & Energy sector having held high-level positions with Noble Group and Mercuria Energy Trading previously.   For more information about this article, or to speak to Dominic about your recruiting needs or Tax jobs in London or Nationwide, contact him on 02072696310 or dominic.watt@pro-tax.co.uk. Back to Tax Movers & Shakers Archive >>

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June 2019: Tax Movers and Shakers

Posted by Dominic Watt

Stay up-to-date with the movers and shakers in the tax sector. Here are the key movements in June 2019: PRACTICE LONDON AND CITY Howard Jones joins PKF Littlejohn from Grant Thornton as their Insurance Tax Partner. Simmons Gainsford have announced Fiona Crossed as Tax Partner, effective from 3rd June 2019. One of the largest public accounting and advisory firms in the united states, Frazier & Deeter, has opened an office in London which is led by Malcom Joy. Steve Watts has been appointed as Partner at BDO in London. SOUTH EAST BDO announces promotion of Steve Hoon, effective from 6th July. SOUTH WEST Nigel Popplewell joins PKF Francis Clark from Burges Salmon to bolster their tad advisory team, specialising in stamp duty land tax. PKF Francis Clark have welcomed three new additions to their tax team in Plymouth, Emily White, Mark Trevethan and Kate Cully. MIDLANDS AND THE EAST BDO Birmingham have announced Paul Townson as newly promoted partner with effect from July. Phil Melia has been appointed by RSM as Corporate Tax Director for the new Cambridge office. NORTH WEST Deloitte have appointed Helen Chadwick as Corporate Tax Partner. In addition to this, they have made further senior appointments within tax in the Manchester office with Charlotte Mannia and Gemma Marshal making Director. YORKSHIRE AND HUMBER Among several promotions for BDO, Lyndon Firth has been appointed Partner in Leeds. OVERSEAS Eddie Reijners joins Innovate Tax in the Netherlands, bringing over 25 years of experience mainly within tax technology. COMMERCE AND INDUSTRY Susan Edwards has been appointed the Head of Indirect Tax at Britvic. She has spent 15 years in the team at Mercedes-Benz and was the Indirect Tax Manager at Thomas Cook before making her move. Vectura Group have brought in Mark Harris to lead the team as Head of Tax. Having trained at PwC, Mark has enjoyed in-house roles with Arm, Spectris and URENCO Group respectively. Peter May is the new Group Head of Tax at Aspen Insurance Group, having started there on an interim basis before making a permanent move. Peter is vastly experienced in the insurance sector having spent time with Chubb and The Ardonagh Group. For more information about this article, or to speak to Dominic about your recruiting needs or Tax jobs in London or Nationwide, contact him on 02072696310 or dominic.watt@pro-tax.co.uk. Back to Tax Movers & Shakers Archive >>

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January 2019: Tax Movers & Shakers

Posted by Dominic Watt

Stay up-to-date with the movers and shakers in the tax sector. Here are the key movements in January: David Kilshaw will join Rawlinson & Hunter in its London office in February 2019 as Senior Adviser. RSM has appointed Dougy Agnew as a new partner in the tax practice in Aberdeen. Steve Asher has been appointed as Head of Global Mobility Services in UHY Hacker Young’s London office. Tilman Weber joins BDO Germany as Transfer Pricing Partner. Mazars has promoted Paul Barham to Private Client Tax Partner in London and Ludovic Black as Tax Partner in Milton Keynes. Pippa Clarke has rejoined Bishop Fleming as a tax partner based in the Plymouth. Jason Locking has joined EY Cambridge as Corporate Tax Director Anna Roberts has been appointed as a director in PwC’s Midlands tax team based in the Birmingham office. For more information about this article, or to speak to Dominic about your recruiting needs or Tax jobs in London or Nationwide, contact him on 02072696321 or dominic.watt@pro-tax.co.uk  Back to Tax Movers & Shakers Archive >>

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