Taxing lessons for schoolkids
A major new education initiative is being launched today aimed at giving school children a greater understanding of taxation.
A major new education initiative is being launched today aimed at giving school children a greater understanding of taxation.
Link: CIOT – making tax ‘cool’
The project is intended to form part of the citizenship module of the national curriculum which requires pupils to understand why taxes are collected and how the money is spent.
Called Tax Talking, the move is a joint project between the Chartered Institute of Taxation and the Association of Taxation Technicians.
Penny Hamilton, CIOT president, said: ‘Everyone – even students – pays tax. Understanding it is an important component of citizenship studies.’
The education packs are designed to be as flexible as possible, allowing teachers to plan for either a single lesson or a series of lessons on tax issues.
The move has been given the seal of approval by chancellor Gordon Brown, who appears in a video that accompanies the teaching packs.
Dismissing suggestions that the initiative was a form of privatisation of education, the CIOT said that the move was in its remit as a charitable body. John Whiting, past president of CIOT and leader of the project, said: ‘Who are the experts on tax, where’s the authority? It is better that it comes from one of the professional bodies.’
Both the CIOT and ATT stressed there had been no outside sponsorship of the materials. However, part of the programme will be aimed at careers advisers, with the hope that pupils will consider a career in tax.
Launching the citizenship module last week education minister Stephen Twigg said: ‘Citizenship at its core is about the active participation of young people in society at local, national and international levels.’
The numbers you crunch tell a story. Your expertis...
23yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleAs the £25bn fiscal 'black hole' forces Chancellor Rachel Reeves to eye major tax hikes, this analysis arms accountants with the essential strategic f...
View articleUK landowners face both opportunity and risk when shifting land from agriculture to development. In this article, Naomi Stewart, Head of Tax at Shaw G...
View articleMaking Tax Digital for Income Tax will reshape reporting from April 2026. Here’s what accountants need to know: thresholds, deadlines, and preparation...
View articleHM Revenue and Customs (HMRC) will send 1.4 million letters in the coming months to alert UK taxpayers about unpaid income tax as part of its annual c...
View articleHMRC sees the profit or loss made on buying and selling of exchange tokens as within the charge to Capital Gains Tax (CGT). Read More...
View articleThe recent IR35 case involving former Liverpool footballer and Sky Sports presenter, Phil Thompson, has drawn attention to the complexities and implic...
View articleFrom January 1, 2024, HMRC will implement new tax rules affecting individuals who sell items on platforms like Etsy, Depop, and Vinted. The new regula...
View articleHMRC reveal a small majority of people are soldiering a significant proportion of income and capital gains tax, following FOI request. Data has reigni...
View article