Britain’s Chartered Tax Advisers are spending an increased amount of time helping clients that are struggling to cope with the current economic crisis, new research has revealed.
A study by the Chartered Institute of Taxation (CIOT) sampled members of firms with up to 50 employees and found that 44 per cent are working with struggling clients for longer periods than they have done previously.
The organisation also found that 55 per cent of respondents have seen a rise in the level of billable work on the previous month.
Nick Goulding, president of the CIOT, said the billable increases suggest that "while some businesses are suffering", others are seeking out its member organisations to "receive advice from a qualified professional".
"The research is a snapshot of what is happening on the ground," he added.
"It is clear from the results that the economic downturn is beginning to have an effect, but many of our members told us that they felt it was too early to say exactly what would happen."
Tax Advisers Working Longer Hours With Struggling Clients
Thu, 11 Dec 2008
Recommended links
Your online accounting portalAccountancy guide
Tax accountants
Chartered accountant search
Online accountancy store
Electronic accounting
KPMG Announce Addition Of Indian Tax Expert To London Office
Tax Haven Available To Buy For GBP15 Million
Tax Evasion Costs 1,000 Children's Lives A Day
Britain's CEOs Against Move For Tax Convergence
Small Firms Against Further Changes To Tax Legislation
| Accountancy news |
|---|
| UK Reneges on Accountancy Standards - Thu, 02 Feb 2012 |
| Optimism for 2012 Shown by CIMA Accountants - Wed, 25 Jan 2012 |
| Chartered Accountants Debts are Increasing - Thu, 19 Jan 2012 |
| More News |
