CTA Results January 2010 - Good News For the Tax Recruitment Market?

What do the latest CIOT chartered tax advisorFor people who have just passed their CTA, this
exam results tell us about the tax recruitmentis often seen traditionally as a career crossroads.
market coming into 2010? With over twice theThere are some good opportunities on the
amount of people taking the exams beingmarket but the best place to explore initially is at
admitted to the institute than at the May 2009your own firm. Will you get a pay rise or a
sitting, what does this mean for the successfulpromotion now that you have passed? What
candidates and for those who haven't passed?options are available for you as an existing
We have seen the in-house tax market pick upemployee with a new qualification? The external
since Q3 2009, within banking and financialmarket is always worth exploring, if only to
services in particular, although we've seenbenchmark your own package.
recruitment across a broad range of sectors.What if you haven't passed? My team have
We've also seen the 'Big Four' start to hire againspoken to several people who haven't passed
into corporate tax teams in Q4 09. There havetheir exams and none of these have had their
been fewer redundancies during the same periodcontracts terminated by their employers (so far).
and we have less people looking for jobs in taxIf this is widespread, then this is good news, as it
who have been affected by redundancies which allwill be yet another sign that confidence in the tax
indicates that the market is moving in the rightmarket is improving.
direction.