THE WORSHIPFUL COMPANY OF TAX ADVISERS
Tax Advisers advise on all aspects of UK and international taxation, both for planning and reporting purposes. Taxation is all pervasive and has an impact on every aspect of commercial life.
Businesses, particularly in the financial sector, need tax advice given the range of taxes that apply and the necessity for accurate tax reporting. Moreover, tax rules change constantly with an annual Finance Act in the UK, court decisions and business innovations.
Encourage, Support, Inspire
The Company has links with the Army Cadet Force, St John Ambulance Cadets, HMS Bangor, and RAF 101 Squadron, sponsoring annual prizes to encourage excellence and progress.
The Company actively supports the charities TaxAid, Tax Help for Older People and Tax Volunteers with time, pro bono advice, and financial support. These charities aid members of our community who are unable to pay for tax advice or who
have fallen on hard times. Some face issues such as homelessness, but nevertheless still have tax issues to deal with including liaison with the UK tax authorities, which can be bewildering. We also support students wishing to study for their tax exams but who are unable to pay for study materials, tuition or exam fees.
The Company is actively involved in the civic and business life of the City and also sponsors prizes for talented students studying tax law at King’s College London to encourage the next generation to consider following tax in the City as a career option. We have a number of overseas members and many UK members involved in cross border tax work, facilitating both inwards and outwards investment in the City.
Facts and Figures
The professional bodies which regulate the tax profession are the ChaThe professional bodies which regulate the tax profession are the Chartered Institute of Taxation (CIOT) and the Association of Tax Technicians (ATT). CIOT has some 21,000 members and students, and the Association of Taxation Technicians (ATT) around 13,000 members and students, at October 2016. In addition, many Chartered and Certified accountants, Solicitors and Barristers specialise in tax. CIOT has an Advanced Diploma in International Taxation (ADIT), a globally recognised qualification for those practising in international tax. rtered Institute of Taxation (CIOT) and the Association of Tax Technicians (ATT). CIOT has some 21,000 members and students, and the Association of Taxation Technicians (ATT) around 12,400 members and students, at September 2015. In addition, many Chartered and Certified accountants, Solicitors and Barristers specialise in tax. CIOT has an Advanced Diploma in International Taxation (ADIT), a globally recognised qualification for those practising in international tax.
The Company draws its members from all branches of the tax profession, as well as the tax judiciary and academia, and includes many senior figures from the tax world.
Areas of Financial Services Expertise
- All types of taxes; principally corporation tax, Value Added Tax, income tax, capital gains tax, employment taxes, National Insurance Contributions and all levies and duties.
- Risk analysis of tax issues, and planning to minimise tax exposures.
- Accurate tax reporting, compliant with accounting principles, International Financial Reporting Standards and US requirements such as FATCA.
- Advice on corporate M&A transactions, and major issues with tax authorities.
- The UK has a large active branch of the International Fiscal Association with a programme of meetings and conferences to bring together those in practice, industry, academia and fiscal authorities.
- Many tax advisers have extensive international links through their professional firms and companies, or membership of international bodies such as the Business and Industry Advisory Committee to the OECD, or the International Chamber of Commerce.
- CIOT has 40 branches worldwide in UK, Asia Pacific, Australasia, Europe, MENA, Hong Kong and USA.
Contact Morag Loader at email@example.com