Banking Sector Report May 2020 – Tax Focus

There has been a gradual year on year increase in the recruitment of tax professionals between 2017 and 2019 due to the increased accountability on in-house tax professionals
in the form of tax transparency and regulatory requirements. For Tax accountants though, the increases in hiring had been substantial in the
run-up to Covid19, with vacancy volumes up 25% between 2017 and 2019.

While the Covid19 crisis will cause a temporary lull in hiring, factors driving this increase in demand include the soon to be implemented IR35 and the