Transactional tax tends to be based around corporate finance transactions, advising on the tax implications associated with deals such as mergers, acquisitions, MBOs and MBI's. The roles tend to be project based, you can spend up to (or in some cases more than) six months on any one project. Because the work is deal-led you can expect unpredictable hours, however incumbents see this as a small price when considering the challenges, sense of achievement and financial rewards.

Is it for you?
Requirements include excellent interpersonal skills, given the interaction with other teams and with clients. Confidence and strength of character is a prerequisite as the responsibility at inception often involves business development, incorporating marketing and sales presentations. You will need to be able to think laterally, see the 'bigger picture' and thrive under pressure.

Career Prospects
Transactional tax professionals enjoy amongst the highest remunerations. Career opportunities tend to be fast track and promotions are usually gained at earlier stages compared to other areas within the profession. You can strive for a Partner position or succumb to the inevitable approaches by your commerce & industry clients.