Job prospects Income Tax Return Preparer in Prince Edward Island

Explore current and future job prospects for people working as an "income tax return preparer" in Prince Edward Island or across Canada.

Job opportunities in Prince Edward Island

The recent trends from the past 3 years were updated on July 25, 2025. The job outlooks over the next 3 years were updated on December 10, 2025.

Prospects over the next 3 years

The employment outlook will be Good for accounting and related clerks (NOC 14200) in Prince Edward Island for the 2025-2027 period.

The following factors contributed to this outlook:

• Employment growth will lead to several new positions.
• A moderate number of positions will become available due to retirements.
• There are a moderate number of unemployed workers with recent experience in this occupation.

Accounting and related clerks are employed across industries, especially in accounting firms, payroll services, financial institutions, and government offices. Demand for these roles is shaped by economic activity, seasonal reporting cycles, and staff turnover—particularly as older workers retire or transition into professional accounting roles. In Prince Edward Island, projected economic growth supports employment, though slower population growth may temper long-term expansion. Automation and widespread use of accounting software continue to streamline routine tasks, making digital fluency and adaptability essential. Individuals entering this field should focus on gaining experience with financial systems, developing attention to detail, and being available during peak periods like tax season to improve job prospects. 

Here are some key facts about accounting and related clerks in Prince Edward Island:

• Approximately 700 people work in this occupation.
• Accounting and related clerks mainly work in the following sectors:
  • Federal government public administration (NAICS 911): 19%
  • Construction (NAICS 23): 14%
  • Accounting, tax preparation, bookkeeping and payroll services (NAICS 5412): 12%
  • Other retail stores (NAICS 44-45, except 445): 8%
• The distribution of full-time and part-time workers in this occupation is:
  • Full-time workers: 91% compared to 84% for all occupations
  • Part-time workers: 9% compared to 16% for all occupations
• 65% of accounting and related clerks work all year, while 35% work only part of the year, compared to 59% and 41% respectively among all occupations. Those who worked only part of the year did so for an average of 44 weeks compared to 41 weeks for all occupations.
• Less than 5% of accounting and related clerks are self-employed compared to an average of 13% for all occupations.
• The gender distribution of people in this occupation is:
  • Men: 20% compared to 51% for all occupations
  • Women: 80% compared to 49% for all occupations
• The educational attainment of workers in this occupation is:
  • no high school diploma: less than 5% compared to 11% for all occupations
  • high school diploma or equivalent: 30% compared to 28% for all occupations
  • apprenticeship or trades certificate or diploma: less than 5% compared to 11% for all occupations
  • college certificate or diploma or university certificate below bachelor's: 46% compared to 25% for all occupations
  • bachelor's degree: 17% compared to 17% for all occupations
  • university certificate, degree or diploma above bachelor level: less than 5% compared to 8% for all occupations

Labour market conditions over the next 10 years

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