expects to hear from the government in the next few weeks whether its
members will be able to undertake probate services.
The institute has been lobbying for its members to be able to carry out
probate services over the last year, and an answer from the
Department for Constitutional
Affairs should be imminent.
If agreed, members would be able to prepare papers to obtain a grant of
probate on behalf of clients. Currently, only solicitors can undertake this
service for clients.
‘The application process is a slow one and the department may insist on
certain requirements that we would find difficult to accept, but we are trying,’
said ICAEW chief executive Michael Izza.
Probate is usually required for executors of a will to distribute its funds.
The AAT has become the first accountancy body to sign the Women in Finance Charter, which is designed to help achieve gender balance in the financial services industry
New government measures to target abuse of a VAT simplification scheme may have 'unwelcome consequences' for small businesses, says the institute
Fiona Wilkinson to take up the position in June 2017
The AAT will deliver the end point assessments for the apprenticeships