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Thinking about a career in accounting? It’s a great choice if you enjoy working with numbers and want a financially rewarding path. This field offers good earning potential; it also makes you proficient in keeping money flowing smoothly, ensuring accurate records, analysing data, and providing financial guidance. Most organizations in the United Kingdom provide a variety of job opportunities for accountants with various benefits. If you want to know how much you can expect to make? Let’s dive into the world of accountant salary in UK!
This Blog Includes:
- What is the Average Salary Accountant Salary in UK
- Distribution of Accountant Salary in UK Based On Experience Level
- Distribution of Accountant Salary in UK Based On Education
- Distribution of Accountant Salary in UK Based On Organisation
- Distribution of Accountant Salary in UK Based On Cities
- Distribution of Accountant Salary in UK Based On Positions
- FAQs
What is the Average Salary Accountant Salary in UK
According to the report of Glassdoor and indeed the Average Annual Salary of an Accountant is 55,500 GBP and Average Monthly Salary is 4,625 GBP, on the other side the Lowest Annual Salary is 24,200 GBP and the Lowest Monthly Salary is 2,016 GBP and the Highest Annual Salary is 87,900 GBP or Highest Monthly Salary is 7,325 GBP. This will largely depend on various factors, including years of experience, qualifications, and the type of company you work for.
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Distribution of Accountant Salary in UK Based On Experience Level
The level of experience also helps to increase your salary. Here is the distribution of accountant salaries in the United Kingdom based on experience level.
| Experience Level | Average Salary Per Year |
| 0-2 Years | GBP 30,800 |
| 2-5 Years | GBP 39,800 |
| 5-10 Years | GBP 58,700 |
| 10-15 Years | GBP 68,500 |
| 15-20 Years | GBP 75,900 |
| 20+ Years | GBP 81,300 |
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Distribution of Accountant Salary in UK Based On Education
The level of your education will also help you understand the pay range if you are working in the United Kingdom. Here is the distribution of accountant salaries in the United Kingdom based on education level.
| Education Level | Average Salary Per Year |
| High School | GBP 35,300 |
| Certificate or Diploma | GBP 42,700 |
| Bachelor’s Degree | GBP 62,100 |
| Master’s Degree | GBP 80,900 |
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Distribution of Accountant Salary in UK Based On Organisation
Various top organisations in the United Kingdom provide a good salary for accountants. Here is the distribution of account salaries in the United Kingdom based on the organisation.
| Organisation | Average salary Per Year |
| PwC | GBP 42,000 |
| KPMG | GBP 37,500 |
| EY | GBP 47,000 |
| Department for Work And Pensions | GBP 37,590 |
| McDonald’s | GBP 40,000 |
| National Institute for Health and Care Excellence | GBP 46,374 |
| HM Revenue and Customs | GBP 34,974 |
| ABC | GBP 40,000 |
| Kreston Reeves | GBP 45,250 |
| IQ-EQ | GBP 50,000 |
| Deutsche Bank | GBP 62,500 |
| Deloitte | GBP 50,000 |
| NHS | GBP 38,000 |
| BDO | GBP 45,000 |
| Tesco | GBP 45,000 |
| Langham Hall | GBP 37,500 |
| HSBC | GBP 50,000 |
| Barclays | GBP 50,000 |
Distribution of Accountant Salary in UK Based On Cities
In the United Kingdom, various top-ranking universities provide good salaries to students. Here is the distribution of account salaries in the United Kingdom based on cities.
| Cities | Average Salary Per Year |
| Belfast | GBP 55,600 |
| Edinburgh | GBP 57,200 |
| Britol | GBP 58,600 |
| Glasgow | GBP 58,200 |
| Liverpool | GBP 54,200 |
| Coventry | GBP 52,800 |
Distribution of Accountant Salary in UK Based On Positions
There are various top positions similar to this one. Here is the distribution of account salaries in the United Kingdom, categorised by position.
| Positions | Average Salary Per Year |
| Accounting Clerk | GBP 30,479 |
| Accountant-entry Level | GBP 38,196 |
| Staff Accountant | GBP 35,388 |
| Junior Accountant | GBP 25,846 |
| Tax Manager | GBP 55,000 |
| Business Analyst | GBP 45,000 |
| Controller | GBP 30,000 |
| Accountant | GBP 39,018 |
| Auditor | GBP 39,213 |
| Financial Accountant | GBP 45,000 |
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FAQs
Salary expectations for graduates are as high as 40,000 GBP. The average earning potential while training is as high as 65,000 GBP. In the commercial world, a chartered accountant typically makes 134,000 GBP a year, with a bonus of more than 17,000 GBP.
Talent.com states that the starting salary for an Entry-level ACCA position in the UK is 21,700 GBP annually. The top recruiters in the UK for chartered accountants are PwC, Deloitte, KPMG, and EY; annual compensation ranges from 45,000 GBP to 65,000 GBP.
Entry-Level Positions: The typical annual compensation for individuals just starting out is between 25,000 GBP and 35,000 GBP. Professionals in the Midway: After gaining a few years of expertise, members of ACCA can expect to see a pay increase to 40,000 GBP–60,000 GBP.
Having an ACCA qualification gives you a lot of job options in the UK. Due to your solid knowledge base, useful talents, and dedication to moral behavior, you will be highly sought after in any field related to finance, accounting, auditing, taxation, or risk management.
This is all the information about Accountant Salaries in the UK. For more such informative blogs, stay tuned to the Jobs Abroad page and follow Leverage Edu. Also, explore various job opportunities with Leverage Career.
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