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UK Tax Consultants Research Report: In 2024, Revenue is Forecast to Rise as the Industry Regains Clients Lost Amid the COVID-19 Outbreak

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Dublin, Jan. 24, 2024 (GLOBE NEWSWIRE) -- The "Tax Consultants in the UK - Industry Research Report" has been added to ResearchAndMarkets.com's offering.

Over the five years through 2023-24, tax consultant's revenue is expected to contract at a compound annual rate of 3.5% to £4.5 billion. Before the COVID-19 outbreak, operating conditions had been generally favourable, as a falling unemployment rate and a rising number of businesses have increased the potential client base for tax consultancies. The industry has a high level of market share concentration, with the four largest firms collectively accounting for 82.4% of industry revenue in 2023-24.

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 services exclude management consultancy on accounting systems, the provision of budgetary control procedures and bill collection.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


Key Topics Covered:

ABOUT THIS INDUSTRY

  • Industry Definition

  • Main Activities

  • Similar Industries

  • Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

  • Executive Summary

  • Key External Drivers

  • Current Performance

  • Industry Outlook

  • Industry Life Cycle

PRODUCTS & MARKETS

  • Supply Chain

  • Products & Services

  • Demand Determinants

  • Major Markets

  • International Trade

  • Business Locations

COMPETITIVE LANDSCAPE

  • Market Share Concentration

  • Key Success Factors

  • Cost Structure Benchmarks

  • Basis of Competition

  • Barriers to Entry

  • Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

  • Capital Intensity

  • Technology & Systems

  • Revenue Volatility

  • Regulation & Policy

  • Industry Assistance

KEY STATISTICS

  • Industry Data

  • Annual Change

  • Key Ratios


For more information about this report visit https://www.researchandmarkets.com/r/53uud3

About ResearchAndMarkets.com
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