Georgiana Head assesses the relative attractions of working inhouse and in practice
The tax profession in the UK is divided between the twin bastions of practice and industry. Practice covers a wide range of accountancy firms from the Big Four to independents and tax boutiques. There are far, far more jobs in practice than there are in industry.
Despite the bias in numbers of roles towards practice, most tax professionals will at some point in their career consider a move into commerce. Indeed there are real attractions to working inhouse, and when vacancies in industry arise they tend to attract far more candidates than positions at similar levels in practice. So why are tax folk drawn to commerce – why does it appeal?