A SENIOR CIoT director is leaving the institute to head up Smith & Williamson’s tax function.
Tina Riches, who spent seven years as technical director at the CIoT, will serve as head of the national tax function at the firm.
She takes on the role from January 2014, taking over from one of the UK’s best known tax commentators, Richard Mannion.
Riches said: “It has been an honour to work for the CIOT, with a great technical team, and with HMRC, helping bring the experience of tax professionals to bear on so many changes to the tax system. I am pleased that the firm is keen for me to contribute to the work of the CIOT as a volunteer, providing input on tax matters via their committees.”
Mannion is to retire a 48-year career in tax, and was named Smith & Williamson’s national tax director in 2006. He also won the Lexis Nexis Taxation Lifetime Achievement Award. He is a fellow and former president of the CIoT.
Looking ahead to his retirement, Mannion said: “I have had an incredible career and achieved far more than I ever expected. At this stage my only plan is to have no plan for the period immediately after I step down – it will be the first time in 48 years that my life won’t be driven by my work. I have no plans to continue in tax; my thoughts are more directed to my big garden in Ireland and a pipe dream of spending three months in Barbados.
“I still love the job and the people, but the constant travelling is getting tougher. I am definitely not a fan of getting up at 5.00am on a cold winter’s Monday morning and I’m looking forward to being able to watch the whole of Match of the Day 2 on Sunday nights.”
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