A tax career can be extremely challenging and varied, and those with commitment can go far. If you are a student of commerce looking for a career in the tax industry, there are thousands of tax jobs in London waiting for you.
There are two main categories within the tax environment. These will be either working for the Government in agencies such as HM Revenue and Customs, or working as an employee in an industry and commerce setting or private practice.
The types of jobs available include tax lawyers and advisers, accountancy staff, finance management, corporate and international tax accountants and auditors.
However, there are many other areas in which you can specialise, move up the career ladder and earn more. Any company will want to have employees who work efficiently and whose financial and accounting skills will make them more money.
The tax industry has an ageing employee base; therefore the steadily growing market needs people who can work proficiently and quickly for tax organisations. In spite of the recent worldwide financial crisis, the tax business has seen recruitment in the capital increase across a broad range of sectors, which indicates that the market is moving in the right direction.
There is so much more to a tax career than common preconceptions would have us believe. If you can show a potential employer that you have career commitment by gaining the appropriate qualifications, you can progress quickly within your chosen field into a wide variety of roles.
For talented and hard-working individuals this can be a very exciting and rewarding job choice.
For those graduates who opt for a career in tax, London tends to be the place where they will choose to settle after university. A move to the capital is always a worry because of the high living costs associated with it; however, this is usually balanced out by the higher wages on offer.
The higher wages are not everything, though, when you factor in extra costs. While rent can be variable across the city, you're likely to be paying more than if you were working in one of the other larger UK cities, like Birmingham or Manchester. However, you can save money on rent and bills by sharing a house with others.
Another option to reduce living costs is to live outside the city centre, where you will find rents are more reasonable. You need to factor in the daily commute, though, which adds on a financial cost as well as taking time, and this is not always ideal for some, especially when working within the tax industry, where hours tend to be longer.
On the whole, bills in London are generally no different from other areas of the country. Phone bills and the internet are certainly no higher, but council tax usually costs more.
Travel is another area where London workers see a rise in costs. This is mainly due to reliance on the tube for travelling. Although it is an extremely convenient way to get around the city, regular travellers will see a significant dent in their disposable income.
Despite this, the wonderful entertainment, cultural and social scene on offer in London means you will always have somewhere to go to have fun and unwind after a hard day's work.
There are plenty of tax jobs available in London, where you can start a new life after university within an industry that is crying out for new talent to take hold of the opportunities available.
If you are looking for a career in tax, London has plenty to offer graduates and young professionals looking for a fresh start.
