THE CIoT and the Institute of Indirect Taxation have officially completed their merger.
The institutions have been united under the CIoT banner, with approximately 500 members of the IIT who were not members of the CIoT taking up membership, bringing its numbers up to 16,500.
The move comes after both bodies voted through the motion in general meetings held on 15 May and 28 May, respectively.
Patrick Stevens, president of the CIoT, said: “We are determined that the DNA of the IIT will be embedded within the CIoT. We are putting arrangements in place to ensure this happens and to expand further our coverage of indirect taxes within the merged institute, for example in our technical work and member communications.”
Companies reported increased levels of scrutiny over their tax planning strategies last year as fewer FDs understand what HMRC considers as tax avoidance, according to HMRC’s latest large business survey
A finance assistant at University Hospitals Coventry and Warwickshire NHS Trust (UHCW) is celebrating after being named the top in the world ... read more
Tax evaders are set to face tough new sanctions under plans detailed by HM Revenue and Customs (HMRC) today
HMRC has outlined a change in VAT policy to the treatment of dwellings that have been formed from either the construction of new buildings, or from the conversion of non-residential buildings