KPMG’s UK tax practice reports revenues up 12 percent to £395 million (2010: £350 million)

The tax practice at KPMG in the UK has reported revenues of £395 million in the year ended 30 September 2011, an increase of 12 percent from 2010’s £350 million.

Alastair McLeish, head of tax and pensions at KPMG in the UK, commented:  “Tax and pensions at KPMG in the UK has had an excellent year and the results are testament to the hard work and dedication of everyone in the practice.  Indirect tax and pensions both enjoyed particularly strong growth and we are building momentum across our corporate tax practice where we have been particularly busy with iXBRL and international projects.

“In the current challenging economic climate, both tax and pensions remain hugely important areas for our clients and we anticipate continued market demand for advice.”