What is a Chartered Tax Advisor? 

A Chartered Tax Advisor, or CTA, is the highest standard of qualification in professional tax expertise.  These professionals are trusted to provide their clients extensive specialist tax advice, ranging from business to personal clients.

A tax advisor must have the highest level of technical knowledge of the tax system to be referred to as a CTA and must understand the ethical and professional conduct that qualifying as a CTA holds.

Once a CTA is qualified, they must continue to maintain and demonstrate their commitments to their professional knowledge and competence.  They must always keep up to date with ever-changing tax systems to keep them at the highest level.  CTA’s will have to gain their qualifications through various pathways such as passing the Association of Taxation Technicians (ATT), ICAS Chartered Accountant or the Institute of Chartered Accountants in England and Wales (ICAEW) before beginning to study as a CTA.

The professional tax body in the UK that supports the CTA’s is the Chartered Institute of Taxation (CIOT). In the Republic of Ireland, this is the Irish Taxation Institute. In Australia, this is The Tax Institute.

The bodies share a commitment to increasing public understanding of tax matters and to engaging with legislators and tax authorities in the pursuit of a tax system that works effectively and efficiently for all concerned – taxpayers, their advisors and the authorities.

When you engage with a Chartered Tax Advisor to provide any specialist tax advice to reduce your tax liabilities you should feel secure in the knowledge that you will be working with a professional with exceptional tax-saving knowledge.