Although London still leads in the salary league, the survey puts London wages only £4,750 ahead of the average national wage for members of the Association of Taxation Technicians and associates of the Chartered Institute of Taxation, which was £64,667.
According to research in the survey, conducted by TMP Worldwide, Londoners require an additional £3,340 to cover the high costs of the city. When viewed against rising housing prices, specialists living in London enjoy only a marginally better standard of living compared to workers in the rest of the country.
Tax professionals may soon be drawn to the cheaper costs of the West Midlands, which is closing in on the two top paying regions with salaries of £66,500, compared to £69,417 in London and £67,500 in the South East.
Richard Le Tocq, head of Locate Guernsey, discusses the chancellor’s approach to high net worth individuals, and why relocation is increasingly attractive to HNWIs
The firm says that the U-turn 'does not alter the need for a fundamental review of the way we tax work' and that the current tax system is in need of reform
Legislation on the NICs changes to be brought forward in the autumn following publication of 'the full effects of the changes to Class 2 and Class 4' in the summer
Following chancellor Philip Hammond’s Spring Budget speech, we explore the key takeaways for businesses and individuals