Birmingham Tax Jobs: Update On The Market
Tax Market Update
The signs for the first quarter of 2010 has been encouraging. Companies have reported an improved first quarter with manufacturing and the service sector showing an increase in demand. There appears to be an underlying confidence (in most sectors)that profitability will improve in the next quarter. Whilst unemployment has not dropped dramatically it has shown signs of stabilising.
GDP growth in the final quarter of last year was 0.4 per cent, up from the last estimate of 0.3 per cent, and a significant improvement on the 0.1 per cent economists first calculated.
What does this mean for the tax recruitment market in Birmingham?
An increased confidence in the business community is leading to an increased confidence in a number of professional services firms. Business cases for the recruitment of new staff is still being met with resistance, but more roles are getting sign off. Areas of growth include private client tax, VAT and Transfer Pricing. We are also seeing more corporate tax roles appear on the market, although there is still a scarcity of roles for the corporate tax professional.
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