The CIOT is the leading professional body in the United Kingdom concerned solely with taxation. The CIOT is an educational charity, promoting education and study of the administration and practice of taxation. One of our key aims is to work for a better, more efficient, tax system for all affected by it – taxpayers, their advisers and the authorities. The CIOT’s work covers all aspects of taxation, including direct and indirect taxes and duties. Through our Low Incomes Tax Reform Group (LITRG), the CIOT has a particular focus on improving the tax system, including tax credits and benefits, for the unrepresented taxpayer.
The CIOT draws on our members’ experience in private practice, commerce and industry, government and academia to improve tax administration and propose and explain how tax policy objectives can most effectively be achieved. We also link to, and draw on, similar leading professional tax bodies in other countries. The CIOT’s comments and recommendations on tax issues are made in line with our charitable objectives: we are politically neutral in our work.
The LITRG is an initiative of the Chartered Institute of Taxation (CIOT) to give a voice to the unrepresented. Since 1998 LITRG has been working to improve the policy and processes of the tax, tax credits and associated welfare systems for the benefit of those on low incomes.
The CIOT’s 17,600 members have the practising title of ‘Chartered Tax Adviser’ and the designatory letters ‘CTA’, to represent the leading tax qualification.
Treasury ministers should review and respond to the loan charge review within days of a new government being formed, the Chartered Institute of Taxation (CIOT) has said.
Political parties should think twice before launching ‘rabbit out of a hat’ tax policies during the election campaign, where they commit themselves to a new idea or major reform out of the blue without consulting or preparing the ground in advance, says the Chartered Institute of Taxation (CIOT).
The Office of Tax Simplification (OTS) recommendation of a new Individual Tax Account that combines the features of the current personal tax account and business tax account, meaning all the income of an individual is held in one place, is welcomed by LITRG
Devolution is making it harder for claimants to understand the benefits system and the Scottish and UK governments need to work harder to ensure people claim what they are entitled to, according to the Low Incomes Tax Reform Group (LITRG).
The Chartered Institute of Taxation (CIOT) is cautioning that the decision to postpone the UK Budget will damage the Scottish Parliament’s ability to scrutinise tax and spending plans ahead of the new tax year.