The Association of Taxation Technicians (ATT) welcomes the Chancellor’s announcement yesterday (8 July) of further support for employers who take on apprentices.
In the Chancellor’s Plan for Jobs, employers in England will receive a payment of £2,000 for each new apprentice under the age of 25 that they take on between 1 August 2020 and 31 January 2021 - and £1,500 for any apprentice over the age of 25 hired in the same period.
Jeremy Coker, President of the ATT, said:
“As a provider of apprenticeships in taxation, we welcome the additional funding and support available to employers that take on apprentices and would encourage employers to consider using the apprenticeship route for new recruits.
“The ATT launched its Trailblazer Level 4 Professional Tax Technician Apprenticeship in 2017 and it provides a great route into a challenging and enjoyable profession.
“Tax is a varied and interesting career – no two days are ever the same.
“By qualifying on the job, tax apprentices can earn money while they learn and achieve a professional qualification at the same time as developing the knowledge, skills and behaviours to get them started in their career.”
To complete their apprenticeship, apprentices must complete the ATT’s professional exams. After completing a period of practical experience, they must also evidence their professional competence by completing a special assessment designed to simulate a real-life tax situation.
By taking on an employee through the apprenticeship route, employers can access funding of up to £8,000 towards the study costs for qualifying apprentices.
Since the ATT Trailblazer apprenticeship scheme was launched nearly 500 students have taken this route in to taxation.
Notes for editors
1. Details of the ATT’s apprenticeship can be found here.
2. The Association of Taxation Technicians
The Association is a charity and the leading professional body for those providing UK tax compliance services. Our primary charitable objective is to promote education and the study of tax administration and practice. One of our key aims is to provide an appropriate qualification for individuals who undertake tax compliance work. Drawing on our members' practical experience and knowledge, we contribute to consultations on the development of the UK tax system and seek to ensure that, for the general public, it is workable and as fair as possible.
Our members are qualified by examination and practical experience. They commit to the highest standards of professional conduct and ensure that their tax knowledge is constantly kept up to date. Members may be found in private practice, commerce and industry, government and academia.
The Association has over 9,000 members and Fellows together with over 5,000 students. Members and Fellows use the practising title of 'Taxation Technician' or ‘Taxation Technician (Fellow)’ and the designatory letters 'ATT' and 'ATT (Fellow)' respectively.More Articles by Chartered Institute of Taxation (CIOT) ...