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Tax Consultants in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Tax Consultants Market Research Report | SIC M69.203 | Nov 2016

Cut rate: Revenue is expected to fall in the current year, due to low business confidence

The Tax Consultants market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Deloitte LLP Deloitte LLP market share
Ernst & Young LLP Ernst & Young LLP market share
KPMG LLP KPMG LLP market share
PricewaterhouseCoopers LLP PricewaterhouseCoopers LLP market share
Industry Statistics & Market Size
Revenue
£4bn
Annual Growth 12-17
2.2%
Annual Growth 17-22
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Profit
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Employment
32,427
Businesses
7,596
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

 


Industry ProductsRelated ReportsTable of Contents

What is the Tax Consultants Industry?

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. However, industry operators are not responsible for offering comprehensive management consultancy services like accounting services or the provision of budgetary control procedures.

Industry Products
Personal income tax servicesBusiness income tax servicesTax advisory services
 
Industry Activities
Providing personal income tax returnsProviding business income tax returnsOffering taxation advisory services


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