Industry Analysis & Industry Trends
Firms in the Tax Consultants industry prepare personal and business income tax returns and offer tax advisory services and non-legal representation before tax authorities. The industry is expected to record steady revenue growth during the five years through 2016-17, expanding at an estimated compound annual rate of 2.2% to reach £3.9 billion. Generally favourable economic conditions have supported an increase in the number of businesses in the United Kingdom, as well as an overall rise in business capital expenditure, bolstering revenue.
In 2016-17, revenue is forecast to decline by 0.2% as the economic uncertainty arising due to the UK electorate's decision to leave the European Union is expected to negatively affect business confidence... purchase to read more
Industry Report - Industry Products Chapter
Firms in the Tax Consultants industry provide professional tax return services, including corporate and consumer tax services, tax preparation and electronic filing. Industry operators also offer tax advisory services on strategic tax-related issues. Tax services are provided without additional accounting, bookkeeping, billing or payroll processing.
Business income tax services
Business income tax services constitute the largest segment for the Tax Consultants industry and are expected to contribute 48% of total industry revenue in 2016-17. Rev.. purchase to read more