The company, one of the Big Four professional services firms, posted £455 million in annual profits, a rise of 27% in the year to 30 September 2013.
Average pay for partners increased by 23% to £713,000, while the staff bonus pool lifted by 20% to £73 million. The business has 22 offices across the UK employing 583 partners and 10,800 staff after cutting about 3% of its workforce in 2012.
UK chairman Simon Collins, who took the role in October 2012, said KPMG has managed to get a "sustainable grip on the bottom line" this year.
"We have completed the first and toughest year of our three-year transformation plan, getting a sustainable grip on the bottom line," Collins said.
"I'm really proud that, as a result, we have generated double-digit growth in profitability, which boosts us from fourth to second of our peer group."
