Hi Just wondered if anyone on here had the ATT qualification in taxation. If so, did you do it through college or can it be done home study. Ive been reading a bit on the net and it looks very expensive, not to mention hard so would not be something I would think of doing for a good few years. But just enquiring really as if anyone has any info on it? AnneMarie
I passed it way back in 1999 and I believe that things have changed a fair bit in the format of the exam as they have with many of the accountancy exams too in that time. Back then the only bespoke options for study were from the major accountancy tutors like BPP etc. They were hellishly expensive and of course you have to be near a centre eg in Birmingham or London.
In order to get around this I signed up with a local college that offered ACCA courses, but I signed up just to do the tax and advanced tax modules which they ran weekly evenings. I did the two at the same time but if I wasn't in such a hurry it would have made sense to do the first tax paper one year and then the advanced tax paper the following year and then take the exam. I'm sure lots of local colleges would offer this route and it makes it so much more affordable and you do not have the pressure of taking ACCA like all the other students!
There was also a paper on accounts for the tax practioner (or something like that) and I think a legal paper (but I really can't remember). So it is possible to pass it in one year, it's a pretty comprehensive exam but really worthwhile. It's a real shame colleges do not offer an ATT course like they do ACCA, if they did I'd go on another just as a refresher!
Robs got one and he did it through college... But, it was from back in the dark ages and from the sound of things a lot has changed with the qualification since he took it.
It is incredibly expensive and the study texts make the ACCA ones seem cheap!
Pretty sure that there's a CTA on here as well but can't remember her name.
CTA is a seriously difficult path to even be accepted on let alone pass but if you do manage it you come out the other end as a tax accountant.
Tax is always a worrying area as you spend a fortune learning something that only really lasts from one budget to the next before it's reinvented so you need to study it pretty much constantly.
I know that financial reporting is going through similar turmoil with the convergence of UK GAAP to IFRS but at least with that there is some hope of eventual stability there where taxation will always be attempting to build a house on a swamp.
Oops, back in essay mode. Talk in a bit,
Shaun.
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Shaun
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
And there you go... Hi Rob. I must have just started writing as you pressed send.
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Shaun
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
Thank you both for your input.... Its definately something I'm going to aim for in the future.. But first I'm going to go down the AAT route..... Fast forward 2 years and I may be picking your brains again for more info on this.. Take care annemarie
