RegulationAccounting StandardsCIOT not approached by tax body

CIOT not approached by tax body

Institute dismisses press reports

A report in Taxation magazine claiming that the Chartered Institute
of Taxation (CIOT) was in discussions with the Federation of Tax Advisers (FTA),
has been dismissed by the institute as untrue.

Taxation quoted a spokesperson for the FTA saying that it was
‘talking to the Chartered Institute of Taxation about the relaunch and does not
foresee any problems as the FTA is “lower level” than the CIOT and Association
of Taxation Technicians’.

The report went onto quote the spokesman as saying: the FTA ‘fills a gap in
the market for those who mainly do self assessment work and do not want to take
the ATT exams which also cover company law and accountancy’.

But the CIOT said that ‘contrary to the assertions made to Taxation,
no such talks have taken place and that the FTA has yet to approach the CIOT
regarding the matter’.

Related Articles

Demystifying GDPR for accountants

Accounting Standards Demystifying GDPR for accountants

2w Ellen Temperton, Lewis Silkin
EY fined £1.8m over Tech Data audit

Accounting Standards EY fined £1.8m over Tech Data audit

2m Emma Smith, Managing Editor
The great professional services shake-up

Accounting Standards The great professional services shake-up

3m Fergus Payne, Lewis Silkin
What do clients actually want from an accountant?

Accounting Standards What do clients actually want from an accountant?

4m Emma Smith, Managing Editor
Accountants shouldn’t neglect hybrid mismatch anti-avoidance rules

Accounting Standards Accountants shouldn’t neglect hybrid mismatch anti-avoidance rules

5m Alison Conley
Membership of the accountancy profession on the rise

Accounting Standards Membership of the accountancy profession on the rise

5m Alia Shoaib, Reporter
The real price of mates' rates in the provision of professional services

Accounting Standards The real price of mates' rates in the provision of professional services

5m DAC Beachcroft
IASB overhauls insurance accounting with issuance of IFRS 17

Accounting Standards IASB overhauls insurance accounting with issuance of IFRS 17

7m Alia Shoaib, Reporter