Iain Wright decided to launch his own tax consultancy rather than pursue the next career milestone in professional services as a Partner. He was questioned and faced doubters, but he backed himself and launched Claritas Tax in 2012 with a dream of growing it into a larger business. Regarded as the UK’s largest independent tax consultancy, it now has over 70 employees, which will increase after a recent acquisition.
This episode covers the journey so far, provides more information about the firm, its culture, and also discusses the importance of hiring and retaining talent for a growing firm.
TIMINGS OF EPISODE
00:00-03:31: Introduction and background
03:32- 06:10: Who are Claritas Tax?
06:11-11:06: Why did Iain set up Claritas rather than pursue Partnership for an already established firm?
11:07-17:49 The journey of Claritas Tax (the first 1-3 years) and why some of the early hires have been loyal till this day?
17:50-19:24: Executing the strategy of growing Claritas Tax in the early days
19:25-22:45: Iain’s approach to recruitment and how it has evolved
22:46-30:44: Building the culture at Claritas Tax and the process of hiring and retaining talent
30:45-32:47: What might surprise people about a boutique firm like Claritas compared to a large established firm?
32:48-END: Professional and personal goals for the next 12 months