Average Tax Accountant Salary

The average Tax Accountant salary in UK is £39,226.39
The hourly average pay for a Tax Accountant salary in UK is £18.86
The starting salary for a junior Tax Accountant in UK is £25,000.00 per year or £12.02 per hour

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What does a Tax Accountant earn?

Tax accountants typically earn an annual salary of approximately £39,200 in the UK. They provide financial advice to clients including individuals, businesses and multinational organisations. A tax accountant can choose to specialise in specific areas such as tax investigations, capital gains tax or inheritance tax.

How to earn more as a Tax Accountant

To become a tax accountant, you will need to have a qualification in either taxation, accounting, or business. Alternatively, you could take a degree apprenticeship to gain the necessary qualifications. If you want to increase your earnings, you could look to move into a specialised tax area, such as corporate tax or international tax. You could also use your skills to become self-employed or set up your own tax accounting firm. The top-earning tax accountants can make in excess of £69,600 each year.

Average Salary: £39,226.39

Min: £25,000.00 Max: £69,636.00

Average Tax Accountant Salary in UK : £39,226.39


Read about Tax Accountant salaries, related jobs and salary information across the UK

Tax Accountant Salary data from the ONS

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Salary by Region

Compare Tax Accountant salaries across different regions

Region Salary
Scotland £38,593.31
Wales £34,473.54
Northern Ireland £42,057.71
East Midlands £34,693.63
Eastern £37,913.38
London £54,223.11
North East £32,865.53
North West £33,083.09
South East £38,588.86
South West £36,806.44
West Midlands £35,138.29
Yorkshire and the Humber £32,349.16

Annual Job Ads by Region

Understanding the Average Tax Accountant Salary in the UK

As a tax accountant in the UK, it is important to have a clear understanding of the average salary in this field. According to average Accounting salaries, the average salary for a tax accountant in the UK is £39,200 per year. This figure can vary depending on factors such as experience, qualifications, and location.

Salary Expectations for Newly Qualified Tax Accountant

If you are a newly qualified tax accountant, you may be wondering what salary you can expect. To get an idea of the current market rates, it is recommended to explore job search platforms that specialize in accounting roles. These platforms can provide valuable insights into the salary range for newly qualified tax accountants in the UK.

Salaries for Experienced Tax Accountant

Experienced tax accountants in the UK can expect higher salaries compared to their newly qualified counterparts. The exact salary range for experienced tax accountants varies depending on factors such as years of experience, industry specialization, and the size of the company they work for. It is advisable to research industry reports and consult with recruitment agencies to get a better understanding of the salary expectations for experienced tax accountants.

Creating a Tax Accountant CV

When applying for tax accountant roles in the UK, having a well-crafted CV is essential. To ensure your CV stands out from the competition, you can utilize a CV template specifically designed for tax accountants. This template will help you highlight your relevant skills, qualifications, and experience in a professional and organized manner.

Career Development Opportunities for Tax Accountant

As a tax accountant in the UK, there are various career development opportunities available to help you progress in your field. Whether it's pursuing additional qualifications, specializing in a specific area of taxation, or taking on managerial roles, there are numerous paths to advance your career. For valuable insights and guidance on career development as a tax accountant, you can refer to career advice resources.

Comprehensive Compensation for Tax Accountant

Aside from the base salary, tax accountants in the UK may also receive comprehensive compensation packages. These packages can include benefits such as health insurance, pension contributions, bonuses, and other perks. The specific details of the compensation package can vary depending on the employer and the level of experience of the tax accountant.

Strategies for Increasing Your Salary as a Tax Accountant

If you are looking to increase your salary as a tax accountant in the UK, there are several strategies you can employ. These include gaining additional qualifications, expanding your knowledge in specialized areas of taxation, taking on more responsibilities, and demonstrating exceptional performance. By continuously improving your skills and staying up-to-date with industry trends, you can position yourself for salary growth and advancement opportunities.

Professional Development and Earnings

Investing in your professional development as a tax accountant can have a direct impact on your earnings. By attending relevant training courses, seminars, and conferences, you can enhance your knowledge and skills, making you more valuable to employers. Additionally, joining professional accounting bodies and obtaining certifications can further boost your credibility and earning potential in the field of tax accounting.

Capitalising on Extra Hours and Duties

As a tax accountant, there may be opportunities to earn additional income by taking on extra hours or duties. Some firms offer overtime pay for working beyond regular office hours, while others may provide bonuses for successfully completing challenging projects or meeting specific targets. By being proactive and demonstrating your willingness to go the extra mile, you can potentially increase your overall earnings as a tax accountant in the UK.

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