cta prospectus 2012
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Prospectus 2012
The professional body for Chartered Tax Advisers
AdvisoryAwarenessApplication
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Contents
2
Introduction and Benefits of Membership 1
Key information 2Registration, Confirmation of Eligibility and Credits 3
Qualifications which entitle you to Confirmation of Eligibility 4
Credits 6
Examination centres and other information 8
Dates, Fees and Examination Withdrawal Policy 9
The CTA Examination 10
The Examination Structure 11
Advisory 12Awareness 13
Application and Interaction 13
E-Assessments in Professional Responsibilities & Ethics and Law 14
Notes 15
Syllabus notes 16
Medals and Prizes 17
Membership 18
Branches Network and Fellowship 19
Frequently Asked Questions 20-22
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1
Introduction
The Chartered Institute of Taxation is the leading
professional body in the United Kingdom concerned solelywith taxation.
The Institutes primary purpose is to promote education
in and the study of the administration and practice of
taxation. Members of the Institute have the practising title
of Chartered Tax Adviser. Membership of the Institute is
open to individuals from all disciplines who are competent
and qualified to advise on taxation matters. The Institute
deals with all aspects of direct and indirect taxation and is
a member of the Confdration Fiscale Europenne, the
umbrella body for taxation advisers in Europe.
Benefits of Membership
the right to describe yourself as a Chartered Tax
Adviser
the status attaching to membership of a professional
body dealing solely with the subject of taxation
use of the descriptive letters CTA for Members or CTA
(Fellow) for Fellows
use of the Institutes badge
the monthly journal Tax Adviser which includes
articles, current tax notes, digests of tax cases and
news from the Institute
an annotated copy of the annual Finance Act
an annotated copy of other tax Acts as Council maydecide appropriate
CCH news service for CTA members (weekly e-mail
update)
opportunity for attendance at the Institutes Residential
and one-day conferences
opportunity for participation in technical and social
activities organised by the branches
use of the Institutes library and research including
access to the theses, dissertations and bodies of work
as written by successful candidates for Fellowship and
to a number of on-line information databases
discounts on a range of publications and courses
a counselling service to assist members experiencing
difficulties (not a technical helpline)
opportunity to participate in the corporate display
advertisements in all Yellow Pages directories at a
special rate
opportunity to gain direct access to tax counsel
an entry in the on-line Directory of Chartered Tax
Advisers
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2
Key information
Admission to membership of the Chartered Institute of
Taxation (in this document the Institute or CIOT) requiressuccess in the Chartered Tax Adviser (CTA) examination
held every May and November, together with the ability
to demonstrate three years relevant recent professional
experience.
You must be registered with the Institute for six months
prior to sitting your first written examination. You must
register as a student via the CIOT website.
You will be eligible to sit the two E-Assessments following
acceptance of your registration as a CIOT student and
subject to a 21 day period for your profile to be created in
the E-Assessment system.
For the May examinationsitting
For the November examinationsitting
End of October: The latest date to register online as a
student if you wish to enter for the May examination
End of April: The latest date to register online as
a student if you wish to enter for the November
examination
End of February: The closing date for examination
entry and student online re-registration (if registration
has lapsed) for the May examination
Examination candidates must hold a valid Confirmation
of Eligibility
End of August: The closing date for examination entry
and student online re-registration (if registration has
lapsed) for the November examination
Examination candidates must hold a valid Confirmation
of Eligibility
March/April: One day Student Training Conferences September: One day Student Training Conferences
May: Examinations are held at centres around the
country
November: Examinations are held at centres around
the country
July: Students are notified of May examination results January: Students are notified of Novemberexamination results
Law manual
Students will need to purchase the Essential Law for the
Chartered Tax Adviser manual, seventh edition, which is
available to purchase from the Institute at a cost of 40.
An order form is available from the Institutes website
(www.tax.org.uk).
The seventh edition is examinable until 29 February
2012.
A new manual, jointly badged with the Association
of Taxation Technicians (in this document the ATT) is
available for purchase at a cost of 45. This 1st edition
is examinable from 1 March 2012.
Registration fees
Registration fee is 200 (150 for registration; 50 for Confirmation of Eligibility). ATT students/members who have passed the
required ATT Certificate papers (and E-Assessments from 1 March 2012) will automatically be issued with Confirmation of Eligibility.
2012 Exam fees 2012 Credit fees
Tax papers 120 each 120 per credit
E-Assessments 65 per test 30 for ATT students/members who have passed Paper
7 for the credit on the E-Assessment in Professional
Responsibilities & Ethics
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Registration, Confirmation
of Eligibility and Credits
Minimum time period of studentregistration
You must be registered for at least six months before you
are allowed to enter for a written examination. You will be
eligible to sit the two E-Assessments following acceptance
of your registration as a CIOT student and subject to
a 21 day period for your profile to be created in the
E-Assessment system.
You are strongly recommended not to sit an examination
unless you have been registered as a student for more than
the minimum six month period. Experience indicates that
12 to 18 months study is often necessary for examination
success.
You should be registered by 31 October for the examination
in the following May and by 30 April for the examination in
November.
Please note that if you pass the ATT Certificate papersto achieve eligibility for the CTA examination, you must
in addition transfer any remaining portion of your ATT
registration to the Institute, re-registering as a student if
necessary, before your examination entry can be accepted.
The transfer of registraton can be done online. No fee is
payable for transfer of registration.
Code of Conduct
You are expected to maintain the same professional
standards and are subject to the same disiplinary
processes as members. You must follow the Institutes
Code of Conduct, which is entitled Professional Rules and
Practice Guidelines. The material can be accessed via this
link http://www.tax.org.uk/Standards/Professional+Rules.
Students should note that the Professional Rules and
Practice Guidelines is updated from time to time.
The version that is examinable is available through
the link http://www.tax.org.uk/students_qualifications/
Currentctastudents/eassessments. Students who breach
the rules and guidelines could face disiplinary action.
Refusal of registration
Council reserves the right to refuse or cancel any
application for registration as a student without assigning
any reason to the refusal or cancellation.
Confirmation of Eligibility and Credits
If you have passed the Institutes former Intermediate
examination you are not required to pay any fee on
applying for Confirmation of Eligibility. Once you have
passed the ATT examination in the required Certificate
papers (and E-Assessments from 1 March 2012) you will
automatically be issued with Confirmation of Eligibility
and are not required to pay this element of the fee.
Qualifications which entitle you to Confirmation of Eligibility
and Credits are shown on pages 4, 5 and 6.
Registration is valid for three years but Confirmation of
Eligibility is valid indefinitely once the initial application and
fee have been received and approved. You can renew yourregistration by making a further application and paying a
further fee. Notification of the granting of Confirmation of
Eligibility will be by letter; no other documentation will be
issued.
Credits can be applied for online. The fees are listed on the
website. See page 5 for full information on Credits.
Council may accept registration as a student in advance
of application for Confirmation of Eligibility in certain
circumstances. Fees are only refundable if the applications
are not accepted.
Tax Adviser the journal of theInstitute
All registered students receive, without charge, the monthly
journal Tax Adviser, which includes articles, current tax
notes, digests of other cases and news from the Institute.
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Qualifications which entitle
you to Confirmation of
Eligibility
1. If you have passed the four required ATT Certificate
papers (or from 1 March 2012 three required
Certificate Papers and two E-Assessments) or passed
the ATTs previous examination structure or the former
Intermediate examination of The Institute of Taxation.
If you have registered with the ATT and have
completed the exams and wish to register as students
of the CIOT you may apply to transfer the unexpired
period of your registration to the Institute. The only
requirement is to transfer your registration using
the online facility. No fee is payable for transfer of
registration.
You should be aware that the Institutes registration
period is three years as opposed to the ATTs five year
registration period.
2. If you have completed (by passing the examinations)any of the following qualifications:
The Institute of Chartered Accountants in England
and Wales
The Institute of Chartered Accountants in Ireland
The Association of Chartered Certified
Accountants
The Association of International Accountants
The Chartered Institute of Management
Accountants
The Institute of Chartered Secretaries and
Administrators
The Association of Corporate Treasurers
The Chartered Institute of Public Finance and
Accountancy
The Institute of Chartered Accountants of
Scotland
The Institute of Indirect Taxation
The Irish Taxation Institute
Inland Revenue FT2 or CPT examination, or
successful completion of HM Revenue & CustomsIDP or ITS2
HM Revenue & Customs VAT Legal and Technical
Training examination.
3. If you are a Solicitor or Barrister or Advocate in the UK
or Republic of Ireland.
4. If you have had three years relevant VAT experience in
the employment of HM Revenue & Customs (other VAT
specialist experience may be taken into consideration
at the sole discretion of Council). You should contact
the Education Team to discuss this before applying.
5. If you have completed a BA (Hons) Accounting and
Taxation, LLB (Hons) Business and Revenue Law, LLB
(Hons) Law and Taxation or LLB (Hons) Revenue Law
from Bournemouth University.
6. If you have passed the BCL/MJur from the University of
Oxford having taken two of the following three courses:
1. Dissertation on a tax topic
2. Personal Taxation
3. Corporate and Business Taxation
7. If you have completed the previous Intercollegiate LLM
(Tax) from the University of London or the LLM (Tax)
from Queen Mary or Kings (both University of London).
8. If you have passed the MA in Taxation at the Institute of
Advanced Legal Studies, School of Advanced Studies,
London University.
9. If you have completed the CIOTs Advanced Diploma in
International Taxation (ADIT).
10. If you have completed The Chartered Insurance
Institutes Advanced Diploma in Financial Planning.
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Qualifications which entitle
you to Confirmation of
Eligibility
5
11. If you are engaged under a training contract with an
employer and are following that employers tax training
programme which has been approved for this purpose
by the CIOT. As a minimum this will require preparatory
training and examinations in UK taxation, accounting
and law of a standard at least comparable to the
examinations of the ATT.
12. If you hold a qualification from a body which the
Council of the Institute recognises as being a similar
body (to the CIOT) in the European Community, the
European Economic Area or Switzerland you will be
considered for Confirmation of Eligibility and partial
credit, at Councils discretion. Please contact the
Education Team for a separate application form.
Credits are also available for certain qualifications. Please
see page 7.
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6
Credits
Applying for Credits
Credits from one or more of the papers are available to those
who meet the criteria as set out below. You may apply for a credit
separately. If you fail a paper you cannot retrospectively claim a
credit for that paper.
You must apply for your credits before the closing date for
your final written paper if you are sitting in a modular way or all
papers at one sitting.
If you fail any CTA paper or E-Assessment you are prohibited
from claiming a credit from that paper retrospectively. In addition
if your credits lapse you cannot re-apply for them. Council may,
at its sole discretion, consider an extension to the period of
validity of credits in exceptional circumstances.
The maximum period of validity of a credit will run from the time
outlined in the column opposite.
Fees for Credits
For each written tax paper 120
E-Assessment in ProfessionalResponsibilities & Ethics
(For those who have passed ATT Paper 7)
30
Law 60
Criteria for Credits
a) Awarded to those who holdqualifications from otherprofessional bodies
If you have passed the final examinations of the following bodies
you will be awarded a credit (on application but see note under
Validity on page 15) for the Application and Interaction paper:
The Institute of Chartered Accountants in England and
Wales
The Institute of Chartered Accountants of Scotland
The Institute of Chartered Accountants in Ireland (must have
passed Northern Ireland Tax Papers)
The Association of Chartered Certified Accountants
(must have passed UK variant P6 Advanced Taxation)
The credit will be valid for ve sittings following your rst
sitting of a CTA written tax paper.
If you have passed former Paper 7 Practice Administration& Ethics of the ATT you will be awarded a credit (on
application) from the E-Assessment in Professional
Responsibilities & Ethics. The credit will be valid for nine
sittings from the date the paper was passed at the ATT
level unless you are a member of the ATT, in which
case there is no time limit on this credit.
If you have passed the two E-Assessments at ATT level on
Professional Responsibilities & Ethics and Law you will be
awarded a credit (on application) from the E-Assessments
on the same subjects at CTA level. The credits will be
valid for nine sittings from the date the E-Assessments
were passed at the ATT stage. There is no fee for this.
If you have passed the CIOTs Advanced Diploma in
International Taxation examinations you will be awarded a
credit (on application) for the Advanced Corporation Tax
Advisory paper providing the UK Option Paper II was sat.
The credit will be valid for ve sittings following your
rst sitting of a CTA written tax paper.
If you have passed the examination requirements to
become a UK Solicitor or UK Barrister you will be awarded
a credit (on application) from the E-Assessment in Law.
There is no time limit on this credit.
If you have passed HM Revenue & Customs examination
requirements for prospective fully trained inspectors
(FT2/CPT/IDP or ITS2) you will be awarded credits (on
application) for the Advisory papers Taxation of Owner-
Managed Businesses and Advanced Corporation Tax.
These credits will be valid for ve sittings following
your rst sitting of a CTA written tax paper.
If you have passed HM Revenue & Customs VAT Legal
and Technical Training you will be awarded a credit (on
application) for the Advisory paper VAT on UK Domestic
Transactions (including SDLT). The credit will be valid for
ve sittings following your rst sitting of a CTA written
tax paper.
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If you have passed the examinations of the Institute
of Indirect Taxation you will be awarded credits (on
application) for the Advisory papers VAT on UK Domestic
Transactions (including SDLT) and VAT on Cross-Border
Transactions & other Indirect Taxes. These credits willbe valid for ve sittings following your rst sitting of a
CTA written tax paper.
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If you obtain a credit as a result of passing a paper inthe Advisory, Awareness and Application and Interaction
papers, this will remain valid for the next five sittings
following the sitting at which the credit was obtained.
However, if you are engaged under a training contract and
following a training programme of your employer which
has been approved by the CIOT the credit retention rules
applicable to the approved training programme will apply. A
credit obtained in the Professional Responsibilities & Ethics
or Law E-Assessments will remain valid for the next nine
sittings.
You will receive a credit when a mark of 50% or more is
obtained in any written paper.
In the E-Assessments you will be required to answer 40 or
more questions correctly (out of 60) in order to obtain a
credit.
b) Resulting from individual passesin the CTA examination
Examination Centres
The standard of the CTA examination
You should be aware that success in the examination
requires the ability to apply tax law to complex information.Although you may have passed other taxation examinations
do not automatically assume that you can readily adapt
to the style of the CTA examination without considerable
application.
Edinburgh
Belfast
LeedsManchester
Birmingham
London
Southampton Exeter Reading
Newport
Please note that arrangements cannot be made for you to
sit the examination outside the UK.
If you wish to sit in the Channel Islands, the Scottish
Islands or the Isle of Man you should contact the Education
Team as arrangements may be possible.
The Institute does strive to provide the best possible exam
conditions for its students. However, the Institute cannot
take responsibility for circumstances or events outside its
control which occur at exam venues during the period of
the exams, for example external noise, climate conditions,
industrial action affecting travel etc.
Extra time and special arrangementsin the examinations
If your personal circumstances are such that it takes
you longer to read or write than is normally allowed for in
the examination and you require additional time or other
arrangements, you need to complete a form and submit
this, together with medical documentation, to support your
application.
This form must be submitted before the closing date for
entry to the examination you intend to sit.
The application will be considered by the CIOT who, at its
discretion, may grant additional time or other such facilities
as it considers fair and reasonable in the circumstances.
Even if you have previously been granted extra time and/
or special arrangements you must contact us to confirm
that you still require these arrangements in subsequent
exam sittings. Your arrangements will not automatically be
applied if you do not contact us.
Applications will only be considered if they are submittedusing the appropriate form.
A copy of the form can be obtained from the Education
Team (education@ciot.org.uk).
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Examinations are held each year in May and November.
The last date for examination entry (the closing date) is the last
day of February for the May examination and the last day of
August for the November examination.
All examination entries are normally acknowledged and
receipted within 10 working days. Please telephone the
Institute if you do not receive an acknowledgement within
this timescale.
It is the individual responsibility of the student to check that
their examination entry has been received.
In exceptional circumstances Council may, at i ts absolute
discretion, accept an application for late entry on payment of
an additional fee, currently 100, which must be submitted
within one month of the scheduled closing date for entry for the
examination concerned.
If your student registration lapses before the examination, youmust re-register online when you submit your examination entry
form.
Examination fees for 2012
Tax Papers 120 each
E-Assessments 65 per test
Identification in the examination venue
You are required to bring with you to all of the examinations
(including the E-Assessments) a form of identification which
includes both your signature and a photograph. For
example, a passport or driving licence (with photo).
Should you have neither a passport nor a driving licence (with
photo) you should contact the Education Team to discuss
suitable alternative identification.
Dates, Fees and Examination Withdrawal policy
May
1 2 May 2012
8 9 May 2013
November
6 7 November 2012
5 6 November 2013
Examination fees
Examination dates
Withdrawal from the examination
Examination fees are non refundable.
If you withdraw from some or all papers entered before the
examination entry closing date then your full fee will be held
but only until the next examination session. If there has been
an increase in examination fees you will be required to pay the
balance before your new examination entry can be accepted.
If you withdraw from some or all papers entered afterthe
examination entry closing date then your fee will be forfeit. In
exceptional circumstances Council may transfer your fee to the
next examination session. Evidence would have to be provided
together with a written explanation of the circumstances.
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Summary
The CTA examination is a modular examination structure.
There are two sittings of the examination in May and
November of each year.
You are required to sit four papers on taxation. Three
of these are three and a quarter hours in length (this
includes 15 minutes of pre-examination reading time).
Please note the Awareness paper is only three hours in
length and does not include any pre examination reading
time.
The four taxation papers are as follows:
TwoAdvisoryPapers
OneAwarenessPaper
OneApplicationandInteractionPaper
In addition there are two one-hour E-Assessments, oneon Professional Responsibilities & Ethics and one on Law.
Examination pass mark
The pass mark for each taxation paper is 50% of the
total marks. Candidates who receive a mark of 50% in
any paper will be awarded a credit in that paper. It is not
necessary to sit all four tax papers at the same sitting,
(although you may if you wish).
The two E-Assessments can be sat separately. You will be
able to sit the E-Assessments at a time of your choosing
at examination centres throughout the UK.
You will be asked to answer 60 questions on a variety
of multiple choice and multiple response formats, in
some cases related to a practical scenario. Alternative
questions for Scots Law candidates will be provided
where appropriate.
To pass the paper, 40 or more questions out of 60 mustbe answered correctly.
The CTA Examination
Recheck procedure
You may request a procedural review of your marks. This
is not a remark but a check of the processes in arriving
at a result. If there has been an error in the marking
process the script will be reviewed. You must apply in
writing for a recheck within 21 working days of the date
on your results letter. The fee for this ser vice is 25 per
paper, which is refundable if there is a change to your
result for that paper.
Under no circumstances will the Institute enter into
discussion, correspondence or provide a commentary
on your exam performance or the outcome of the
recheck in any of the papers rechecked.
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The Examination Structure
The combination of the Awareness modules and the Advisory papers chosen by you
will ensure that you will be examined in all of the major taxes but at different levels,
dependent on the choices you make. This will mean that you will not have to study
every area of tax in the same level of detail.
Applicationand
In
teraction Taxation of
Individuals,
Trusts & Estates
Taxation of
Companies
Taxation of Owner-
Managed Businesses
VAT & other
Indirect Taxes
You choose one Application and Interaction case study
Awareness
Taxation of
Individuals
Taxation of
Unincorporated
Businesses
Corporation Tax
Inheritance Tax,
Trusts & Estates
VAT including
Stamp Taxes
You choose three modules from the Awareness paper these cannot be the same as the corresponding
Advisory papers chosen or credits awarded for the Advisory papers
Advisory
VAT on Cross-Border
Transactions & other
Indirect Taxes
Taxation of
Individuals
VAT on UK Domestic
Transactions
(including SDLT)
Taxation of Owner-
Managed BusinessesInheritance Tax,
Trusts & Estates
Advanced
Corporation Tax
You choose two Advisory papers
The two E-Assessments, Professional Responsibilities & Ethics and Law, must be
completed before you are able to enter for your last written tax paper.
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Advisory
Objective
The objective of the Advisory papers will be to test the
depth of your technical knowledge at an advisory level,
on the areas of taxation which you choose, in accordance
with the defined syllabus for each paper (available as a
separate document on the Institutes website www.tax.org.
uk).
Detail
Seperate three and a quarter hour papers (including 15
minutes pre examination reading time) will examine each of
the following:
Taxationof Individuals
TaxationofOwner-ManagedBusinesses
AdvancedCorporationTax
InheritanceTax,Trusts&Estates
VATonUKDomesticTransactions(including SDLT)
VATonCross-BorderTransactions&other
Indirect Taxes
You will be required to sit two of the six papers.
The Advisory papers will form the first day of the
examinations and will be divided into two sessions.
The grouping is as follows:
Morning Session
Taxation of Owner-Managed Businesses
VAT on UK Domestic Transactions
(including SDLT)
Inheritance Tax, Trusts & Estates
Afternoon Session
Taxation of Individuals
VAT on Cross-Border Transactions & otherIndirect Taxes
Advanced Corporation Tax
It is considered that the groupings as shown will
accommodate the choices of the majority of candidates
who wish to sit the examination in a single sitting. There is
no restriction on you choosing two Advisory papers from
the same group. In such circumstances, however, you
will not be able to sit both of those papers at the same
examination sitting.
Each Advisory paper is a stand alone paper. If you receive
a mark of 50% or more of the total marks you will receive a
credit in that paper.
You will be expected to answer all questions which make
up the paper.
The questions in each of the six Advisory papers will be for
either 10, 15 or 20 marks each.
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Awareness
Objective
The objective of the Awareness paper is to examine core
areas of the various taxes which you may not deal with on
a daily basis and which do not form part of your chosen
Advisory papers.
Detail
The paper will comprise a single three-hour paper
covering five modules. You will choose three out of the five
modules and you will answer all the questions on each of
your chosen modules. All Awareness modules must be
attempted at the same sitting.
The modules are:
Taxationof Individuals
TaxationofUnincorporatedBusinesses
CorporationTax InheritanceTax,Trusts&Estates
VATincludingStampTaxes
The modules answered at the Awareness level cannot be
the same papers which you have sat, or intend to sit, as
your Advisory papers. In this regard, and for the avoidance
of doubt, if you have decided to sit the Taxation of Owner-
Managed Businesses Advisory paper you are precluded
from choosing the Taxation of Unincorporated Businesses
module at Awareness level.
The format of each module will be 12 short-form questions.
Each question will be worth five marks. To obtain a credit,
you will be required to obtain 50% or more of the total
marks awarded for the whole paper at the same sitting.
There is no a requirement to obtain 50% of the marks in
each individual module.
The Awareness paper will take place on the afternoon of
the second day of the examinations.
Application and Interaction
Objective
The objective of the Application and Interaction paper is
to test the ability to apply to a practical case study the
knowledge gained in sitting the Advisory and Awareness
papers and to demonstrate how the various taxes interact.
Detail
The paper will be in the form of a case study, which you will
have three and a quarter hours to answer (including 15 minutes
pre examination reading time). There will be a choice of four
case studies based on the Advisory papers and Awareness
paper modules, these being:
TaxationofIndividuals,Trusts&Estates
TaxationofLargerCompaniesandGroups
TaxationofOwner-ManagedBusinesses
VAT&otherIndirectTaxes
You will answer one of the four case studies worth 100
marks. The pass mark will be 50%.
The subject matter of the case study may include any of
the items specified at Advisory level for those topics. It
may also include elements of any subject within any of
the Awareness modules. For example, the case study on
the Taxation of Companies will be mainly corporation tax
based but may also include areas such as shareholder
issues, VAT and SDLT. Issues involving consideration of
professional responsibilities, ethics and/or law should also
be expected to feature in the case studies.
This will not be a time pressured case study. The
emphasis will be on allowing you to have time to submit a
complete answer, thus demonstrating your ability to deal
with practical situations.
The Application and Interaction paper will take place on the
morning of the second day of the examinations.
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E-Assessments in Professional Responsibilities & Ethics
and LawProfessional Responsibilities & Ethics:ObjectiveThe objective of this E-Assessment is to test your
understanding of the obligations of a Chartered Tax
Adviser in the areas of professional responsibilities and
ethics.
The syllabus (examinable up to and including 29 February
2012) comprises Professional Rules and Practice
Guidelines 2006 and Professional Conduct in Relation
to Taxation 2004. You will also be expected to have an
awareness of the Proceeds of Crime Act 2002, the
Money Laundering Regulations 2007 plus the relevant
anti-money laundering guidance from the CCAB and the
Supplementary Anti-Money Laundering Guidance for the
Tax Practitioner.
All of these documents can be found in the E-Assessments
section of the CIOT website.
(http://www.tax.org.uk/students_qualifications/Currentctastudents/eassessments)
From 1 March 2012 the following material will be
examinable for students taking their E-Assessments:
Professional Rules & Practice Guidelines effective from
31 March 2011, Professional Conduct in Relation to
Taxation effective from 4 January 2011, PII Guidance,
PII Regulations, Continuing Professional Development
Regulations and Guidance 2011.
You will also need an awareness of the Proceeds of Crime
Act 2002, the Money Laundering Regulations 2007 plus the
relevant anti-money laundering guidance from the CCAB
and the Supplementary Anti-Money Laundering Guidance
for the Tax Practitioner.
All of these documents can be found in the E-Assessments
section of the CIOT website.
(http://www.tax.org.uk/students_qualifications/
Currentctastudents/eassessments)
Law: ObjectiveThe objective of this E-Assessment is to test your
knowledge of law within the relevant areas of tax.
Questions will be based on the manual Essential Law for
the Chartered Tax Adviser, seventh edition (examinable
until 29 February 2012), which is available for purchase
from the Institute. If you have studied Scots law you will
be allocated alternative questions compliant with that
jurisdiction, where appropriate.
The first edition of Essential Law for the Tax Practitioner
will be examinable from 1 March 2012 and is available to
purchase from the Institute at a cost of 45.
DetailEach of these E-Assessments will be of one-hour duration
and will be made up of two different question types:
Multiple choice questions where you will be required to
identify one correct response from a choice of four.
Multiple response questions where you will be requiredto identify several correct responses from a choice of up to
six.
Each question type is worth one mark.
You will be allocated 60 questions to answer within the
hour permitted for each E-Assessment. At least 40 of the
responses to the questions must be correct to pass each
E-Assessment. The questions for an E-Assessment will be
randomly selected before you start the test and therefore
each E-Assessment will be unique.
A short section will be provided before the start of the
hour-long E-Assessment in order to allow you to familiarise
yourself with the format of the examination.
Applying for and sitting theE-AssessmentsYou will be eligible to sit the E-Assessments following
acceptance of your registration as a CIOT student and,
subject to a 21 day period to allow your profile to becreated on the E-Assessment system.
You must apply to sit the E-Assessments online; an entry
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Notes
In any paper, questions may demand a discursive
approach, with no single correct answer.
You are expected to have an understanding of accounts
and accounting principles so far as these relate to taxation.
This is especially the case for the Advanced Corporation
Tax paper where an understanding of current accounting
issues relevant to tax such as deferred tax, profit
recognition and share schemes is expected.
The CTA examination requires knowledge of cer tain
aspects of law. The knowledge of law required for the
examination is contained in the manual Essential Law for
the Chartered Tax Adviser, seventh edition, published
by the CIOT. You will be expected to study, and may be
examined on, the whole of the Law manual. The manual
can be purchased from the Institute at a cost of 40 to
registered students. The seventh edition is examinable
up to and including 29 February 2012. The first edition of
the manual Essential Law for the Tax Practitioner will be
examinable thereafter and is available for purchase at a
cost of 45.
Law will primarily be examined in the E-Assessment in
Law although a legal element may occur in any other
paper. Scottish and Nor thern Irish candidates may present
answers based on Scottish and Northern Irish legal
equivalents within the syllabus.
Questions will NOT be set which require knowledge of:
any statute receiving the Royal Assent less than five
months, or statutory instrument made or European
directive adopted less than eight months, before the
examination date;
any case or VAT Tribunal decision reported less than
three months before the examination date;
with the exception of Inheritance Tax, any legislation
repealed or superseded more than five months before
the examination date.
Questions MAY be set on prospective legislation passed
more than five months before the examination date even if
it is not in force.
You are strongly recommended to read the examination
paper carefully before commencing your answers;
Questions may involve matters which are not listed in
the syllabus but which are related (e.g. accountingprinciples for the computation of income);
Questions may require you to apply tax law and practice
to practical problems.
The Institutes website (www.tax.org.uk/e-assessments).
has further details on the E-Assessments. You should read
the information carefully before booking an appointment.
The Institute does strive to provide the best possible exam
conditions for its students. However, the Institute cannot
take responsibility for circumstances or events outside its
control which occur at exam venues during the period of
the exams, for example external noise, climate conditions,
industrial action af fecting travel etc.
Validity
Both E-Assessments must be passed before the
examination entry closing date for the last written tax
paper that you will sit (if sitting in a modular way) or before
the examination entry closing date if you are taking all
the tax papers at the same sitting for example, if you
propose to sit the Application and Interaction paper as
your last paper in May 2012, having sat and passed the
Advisory and Awareness papers in November 2011, both
the Professional Responsibilities & Ethics and the Law
15
and payment facility is available via the Institutes website for
this purpose. It will be possible to sit the two E-Assessments
on separate occasions, or you may sit both back-to-back
at a single session, with a short break between the two
E-Assessments. Provision will be made for you if you areeligible for extra time or require accessibility software. Please
contact the Education Team about this.
Various test centres around the UK will be available for you to
sit the E-Assessments at a time of your choosing. You should
allow at least 10 working days between the time of booking
the E-Assessment and an appointment being available at your
chosen centre, and you should expect slightly longer waiting
times at periods when demand is likely to be high (particularly
in February and August).
Should you be unsuccessful you must allow 72 hours before
booking again.
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16
Syllabus notes
Reference works and calculators
The following may be brought into the written examinations.
Calculators and reference works may not be taken into the
E-Assessments.
Non-programmable calculators (except those with an
alpha-numeric keyboard and/or a printout or graphic word
display facility in any language) may be brought into the
examination.
You are also allowed to bring with you:
Tolleys Yellow Tax Handbooks and Tolleys Orange Tax
Handbook
OR
CCH Editions Ltd Tax Statutes and Statutory
Instruments Red Book, including the index volume,
CCH Green Book (VAT) and CCH Purple Book
(Customs and Duties)
OR
HMSO copies of taxing statutes
AND
Tolleys Customs Duties Handbook
Publications brought into the examination must be bound
copies. They can be underlined, sidelined and highlighted.
Annotating, use of post-its, tagging and folding pages is
NOT allowed.
Please Note: Invigilators have absolute power to confiscate
your exam books in such cases.
You are permitted to write your name on your legislation.
No other written material or calculation aid will be
permitted.
You will be provided with the tax rates and tables required
for the examination.
Dictionaries, in any language, are not permitted in the
examination hall.
Questions and Answers
You need to be aware of the standard of questions set in
the CTA examination. Careful study of past examination
papers, with suggested solutions, is a key element in exam
preparation.
Past examination papers and suggested solutions are
available on the Institutes website (www.tax.org.uk).
The three principal tutorial organisations are listed below,
alphabetically:
BPP Professional Education
Aldine House
Aldine Place
142-144 Uxbridge Road
London W12 8AW
Tel No: 020 8746 4150
E-mail: tax@bpp.com
Kaplan Financial
Tax Division10-14 White Lion Street
London N1 9PD
Tel No: 020 7520 1189
E-mail: taxinfo@kaplan.co.uk
Tolley Tax Training
Halsbury House
35 Chancery Lane
London WC2A 1EL
Tel No: 020 7347 3559
E-mail: taxtraining@lexisnexis.co.uk
The full syllabus for the Advisory, Awareness and
Application and Interaction papers is available as a
separate document on the Institutes website (www.tax.org.
uk).
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17
Medals and Prizes
Medals and prizes will be awarded as follows, provided
that satisfactory marks have been obtained.
Medals
Awarding examination medals will be at the discretion o
Council.
The Institute Medal
Awarded to the examination candidate with the best overall
perormance attempting the Awareness paper and two
Advisory papers (all at the same sitting).
The Ian Walker Medal
Awarded to the examination candidate with the highest mark in
the Awareness paper.
The Ronald Ison Medal
Awarded to the examination candidate with the highest mark in
the Taxation o Individuals Advisory paper.
The Gilbert Burr Medal
Awarded to the examination candidate with the highest mark in
the Taxation o Owner-Managed Businesses Advisory paper.
The John Wood Medal
Awarded to the examination candidate with the highest mark in
the Advanced Corporation Tax Advisory paper.
The Spofforth Medal
Awarded to the examination candidate with the highest mark in
the Inheritance Tax, Trusts & Estates Advisory paper.
The Victor Durkacz Medal
Awarded to the examination candidate with the highest mark in
the VAT on UK Domestic Transactions (including SDLT) Advisory
paper.
The Wreford Voge Medal
Awarded to the examination candidate with the highest mark
in the VAT on Cross-Border Transactions & other Indirect Taxes
Advisory paper.
The Avery Jones Medal
Awarded to the examination candidate with the highest mark in
the Application and Interaction paper.
Prizes
The LexisNexis Prize
Awarded to the examination candidate with the highest total
marks in two Advisory papers (taken at the same sitting).
The prize is a ree choice rom their range o publications/
services up to an agreed fgure.
The CCH Prize
Awarded to the examination candidate with the highest
distinction mark.
The prize is a ree choice rom their range o publications/
services up to an agreed fgure.
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18
Membership
Admission for membership as a
Chartered Tax Adviser
After passing the examination, admission as a member of
the Institute carries the entitlement to describe yourself as
a Chartered Tax Adviser and to use the designatory letters
CTA. Admission is dependent upon demonstrating three
years relevant recent professional experience.
Those who have successfully completed the degrees from
Bournemouth University as listed on page 4 may count
one year of this course towards their three year experience
requirement.
Applications for membership should be made within
18 months of the later of the notification of successful
completion of the examination or the completion of the
experience requirement. Late applicants, and those who
apply for re-admission if their membership has lapsed, are
required to complete a special application form and also to
meet certain other conditions.
Entrance fee, annual subscription andsponsors
Applications for membership should be made on the
appropriate form, supported by a statement from two
sponsors who have to satisfy the following requirements:
1 the applicant is personally known to them;
2 the particulars given on the application form are, to the
best of their knowledge and belief, true and correct
statements; and
3 they recommend the applicant to Council as a fit and
proper person for election to membership.
Sponsors should be two Fellows or Associates of the
Institute or, at Councils discretion, two persons from the listbelow:
member of the Institute of Chartered Accountants in
England and Wales
member of the Institute of Chartered Accountants of
Scotland
member of the Institute of Chartered Accountants in
Ireland
member of the Association of Chartered Certified
Accountants
member of the Chartered Institute of Management
Accountants
member of the Institute of Chartered Secretaries and
Administrators
member of the Association of Corporate Treasurers
member of the Chartered Institute of Public Finance
and Accountancy
Advocate
Barrister
Solicitor
In the case of applications from bank personnel only, bank
managers and managers of taxation and executor and
trustee departments may act as sponsors. In the case of
applications from past or present HM Revenue & Customs
personnel only, members of the senior civil service within
the Department of HM Revenue & Customs may act as
sponsors.
The application must also be accompanied by the entrance
fee plus a proportion of the annual subscription for the
year of admission. There is a 95 entrance fee for those
who are also members of the Association of Taxation
Technicians. For the following years the annual subscription
is due on 1 January. Applicants will be exempt from paying
the entrance fee if they apply for membership within three
months of passing the examination. Full details will be sent
to applicants on successful completion of the examination.
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19
Overseas members
There are additional requirements for membership if you
are based outside the UK. Your application for membership
will only be accepted if Council is satisfied as to your
professional standing and the extent of your UK taxation
experience during a period of at least three years up to
the date of application for membership. If you do not have
three years experience of UK taxation then please contact
the Institute in writing with details of the experience you do
have.
These additional requirements apply if you are not within
one of the following classes:
1 A person engaged in public practice or as a specialist
taxation adviser in the UK;
2 A partner in, or a person in the direct employment of, a
firm or person within 1 above;
3 A person in the employment of a Government or
municipal office, bank or commercial concern.
Members who wish to advance to Fellowship may do so
by submitting an acceptable dissertation or suitable body
of work. Detailed rules and guidance notes are available
from the Education Team or can be found on the Instituteswebsite (www.tax.org.uk/fellowship).
Fellowship
Membership
Branches Network
There are 35 branches run by members and supported by
the Institutes Membership Committee.
Each branch has its own committee and organises its own
programme of evening meetings, conferences and social
events. They provide an effective means for members to
keep up to date with changes in tax law and practice, and to
exchange views and discuss tax problems.
Australasia
Birmingham & West Midlands
Bristol
Cumbria & South West Scotland
East Anglia
East Midlands
Essex
European
Guernsey
Hampshire
Harrow & North London
HMRC
Hong Kong
Hull
Isle of Man
Jersey
Kent
Leeds
London
Manchester
Merseyside
Mid-AngliaNorth America
North East England
Northern Ireland
Scotland
Severn Valley
Sheffield
Somerset & Dorset
South London & Surrey
South Wales
South West England
Suffolk
Sussex
Thames Valley
Continuing Professional Development
The Institute has a compulsory continuing professionaldevelopment (CPD) scheme for those members who are
engaged in the practice of UK taxation (whether as a
partner, sole practitioner, director or employee) in industry,
commerce or private practice. Members are required to
undertake a total of 90 hours of CPD per annum of which
70 can be reading (20 must consist of structured training).
This may be averaged over two years. Please note records
should be retained until requested by the Institute.
The Tony Arnold LibraryThe library is based in the Maughan Library and Information
Services Centre at Chancery Lane, London. Further details
and opening hours can be found in the members section of
the CIOT website (www.tax.org.uk).
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20
Frequently Asked Questions
The examination is modular but can I sit all the papers
together?
Yes. The examination structure is modular, although this
does not preclude you from taking the requisite papers at
one sitting should you wish to do so.
What are the papers?
There are two written Advisory papers, one written
Awareness paper and one written Application and
Interaction paper, the Advisory and the Application and
Interaction papers lasting three and a quarter hours
(including 15 minutes pre-examination reading time). The
Awareness paper is three hours and will not have any pre
examination reading time. In addition to this there are two
one-hour E-Assessments on Professional Responsibilities
& Ethics and Law. These two E-Assessments can be sat
separately.
What is the pass mark?
The pass mark for each written taxation paper is 50% ofthe total marks. It is not necessary to obtain an aggregate
mark over all the written papers. For the E-Assessments
you will be allocated up to 60 questions in a mixture of
multiple choice and multiple response formats. To pass an
E-Assessment you must answer 40 questions correctly.
How do I choose what options to sit for each paper?
You must choose two Advisory papers from a choice of
six and three from five modules for the Awareness paper.
The modules chosen for the Awareness paper must not be
the same as the Advisory papers chosen. You choose one
Application and Interaction case study from a choice of
four.
Is there a date by which the two E-Assessments must
be passed?
The E-Assessments must be passed before the closing
date for examination entry for your final written tax paper.
Are exemptions available under the current examination
structure?
Exemptions are known as credits. Credits will be awardedto those who have passed the examinations of certain
other professional bodies. These are detailed on page 6.
There will be no credits for the Awareness paper so you will
be obliged to sit this paper.
How long will the credits be valid for?
The majority of credits awarded will be valid for five exam
sessions from the sitting of the first written tax paper.
If you have passed the ATTs former paper in Practice
Administration & Ethics, your credit (on application) from
the E-Assessment on Professional Responsibilities &
Ethics will be valid for nine sittings from the date the ATT
Paper was passed unless you are a member of the ATT, in
which case there is no time limit. If you have passed the
examination requirements to become a Solicitor or Barrister
you will be awarded a credit (on application) for the
E-Assessment on Law. There is no time limit on this credit.
If you have passed the two E-Assessments at ATT level on
Professional Responsibilities & Ethics and Law you will beawarded a credit (on application) from the E-Assessments
on the same subjects at CTA level. The credits will be valid
for nine sittings from the date the E-Assessments were
passed at the ATT stage.
Will a pass in one or more papers count as a credit?
Yes. A credit will be awarded if you obtain a pass in any
of the Advisory, Awareness or Application and Interaction
papers but do not fully complete the CTA examination. The
credit will be valid for the next five sittings. A pass in either
or both of the E-Assessments will be valid for the next nine
sittings.
What type of questions will I have to answer in the two
E-Assessments?
Each one-hour E-Assessment is made up of a mixture of
two different question types.
Multiple choice questions where you will be required toidentify one correct response from a choice of four, for
example:
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Frequently Asked Questions
Which of the following is the capital city of France?
1) Brussels 2) Strasbourg 3) Paris
4) Nantes
Multiple response questions where you will be required
to identify several correct responses from a choice of up to
six, for example:
Which two of the following are Australian states?
1) New South Wales 2) Northern Territory
3) Nova Scotia 4) Queensland
5) New Hampshire
What is the application process for the
E-Assessments?
You will be eligible to sit the E-Assessments following
acceptance of your registration as a CIOT student and
subject to a 21-day period to allow your profile to be
created on the E-Assessment system. There will be various
test centres around the UK and you may sit at a time ofyour choosing.
If I have passed the old ACCA 3.2 Advanced Taxation
paper, am I eligible for the credit in the Application and
Interaction paper?
No. You must have sat the current ACCA syllabus and
passed paper UK variant P6 Advanced Taxation to gain this
credit.
Can I reschedule my E-Assessment appointment?
Yes, you may do so via the reschedule option on the
online booking system, although this will incur a charge as
follows:
If request made more than 29 days before original
appointment date - no charge.
If request made between 5 and 29 days of original
appointment date - 15 charge per E-Assessmentrescheduled.
If request made less than 5 days before original
appointment date - 30 charge per E-Assessmentrescheduled.
Please note that E-Assessment fees are non-refundable if
you choose to cancel your appointment.
Should you fail to present yourself at the test centre for
your appointment without rescheduling then the fee paid is
forfeit. A new booking must be made and the test fee paid
in full again should you subsequently want to attempt the
E-Assessment concerned.
What am I required to bring to the Prometric test
centre?
You must bring one piece of official photographic ID
containing your signature e.g. passport, photocard driving
licence. Failure to provide this will result in entry to the test
centre being refused and forfeiture of your test fee. This
rule will be strictly enforced.
If you do not have permissible ID documents youshould contact the Education Team before booking an
E-Assessment appointment.
What provision is made if my personal circumstances
mean that I need longer than one hour to complete an
E-Assessment?
You should inform the Education Team before booking
the E-Assessments. Please contact us by email at
e-assessments@ciot.org.uk, by telephone on 0844 579
6700 or by letter to our normal postal address and we will
send you a form, which you should complete and return to
the Institute with evidence of your condition supplied by a
medical practitioner or other appropriate documentation
(e.g. if you are dyslexic an Educational Psychologists
report). You will then be informed of the extra time and
any other special arrangements that you will be allowed.
You may then book your E-Assessment by phone with
an Education Team member the additional time will be
added when you sit your E-Assessment.
All Prometric test centres have step-free access for
wheelchair users.
21
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23
CouncilPresident
Anthony D Thomas CTA (Fellow) FCCA ATT (Fellow)
Deputy President
Patrick T Stevens CTA (Fellow) FCA
Vice-President
Stephen D G Coleclough LLB (Hons) CTA (Fellow)
AICPD FRSA Solicitor
Council
Mohammed Amin MA CTA (Fellow) FCA AMCT
John M Andrews OBE CTA (Fellow) FCA ATT
Gary J AshordCTA ATT
Roger Barnard LLM CTA (Fellow) FCA
Keith Bell CTA (Fellow) ATT TEP
Colin V Ben-Nathan MA(Cantab) CTA (Fellow) FCA
Chris M Brydone BA CTA (Fellow) ACA
Emma J Chamberlain BA (Hons) CTA (Fellow) Barrister
TEP
David Collison BSc (Hons)CTA (Fellow) AKC FCA
Paul G Connolly CTA (Fellow)
William J I Dodwell LLB LLM (Cantab) CTA (Fellow) ACANigel A Eastaway CTA (Fellow) FCA FTIHKFCCA FCMA
FCIS FHKSA
Robert B Ellerby MA CTA (Fellow) FCA
C Anne Fairpo MA (Oxon) CTA (Fellow) Solicitor
Keith Gordon MA CTA (Fellow) FCA Barrister
Nick C Goulding BSc CTA (Fellow) FCA
Andrew N Hubbard BMus PhD CTA (Fellow) ATT
Chris G Jones BA CTA (Fellow) ATTFrancesca Lagerberg CTA (Fellow) FCA Barrister
Christopher J Lallemand BSc FCA CTA
Daniel F Lyons Solicitor CTA (Fellow)
Ray McCann CTA (Fellow) ATT
Ian Menzies-ConacherBSc (Econ) CTA (Fellow) FCA
ACIB JP
Natalie A Miller CTA (Fellow) ATT
Paul V Morton BSc CTA (Fellow)
Jenny A Nelder BA CTA (Fellow) FCA
Yvette Nunn CTA (Fellow) ATT MAAT
Vincent N Oratore LLB (Hons) CTA (Fellow) Solicitor
John D Preston BSc CTA (Fellow) FCA
Philip Ridgway BA LLM CTA (Fellow) Barrister
Rosalind E Upton LLB CTA (Fellow) FCA
Also attending Council meetings
Sir Alistair Graham (Lay Public Interest Observer)
Stuart McKinnon (ATT President)
Chief Executive Peter FanningBSc MScSecretary Rosalind BaxterBA ACIS
Auditors
Baker Tilly Chartered Accountants
2 Bloomsbury Street, London WC1B 3ST
Bankers
HSBC Bank plc
The Peak
333 Vauxhall Bridge Road
London
SW1V 1EJ
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How to become a Chartered Tax Adviser 24
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1st Floor, Artillery House
11-19 Artillery Row
London SW1P 1RT
T:+44 (0)844 579 6700
F: +44 (0)844 579 6701
E: post@ciot.org.uk
www.tax.org.uk
Registered Charity
Number 1037771
Copyright CIOT
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