What does the Chartered Tax Consultant qualification programme involve?

Mon, May 11, 2009

Offered over one calendar year, the qualification programme will follow a challenging pace. The post Chartered Accountant programme will be divided into two progressive stages;

  • Stage 2 Chartered Tax Consultant Applied Tax
  • Stage 3 Chartered Tax Consultant Integrated Tax Consultancy

Each stage is assessed through a combination of continuous assessment (home assignments) and an end of stage open book examination. Progress to Stage 3 Integrated Tax Consultancy is conditional upon the successful completion of Stage 2 Applied Tax.

Stage 2 Applied Tax

The objective of the Stage 2 Applied Tax is to teach the structure of tax policy, sources of tax law, Irish tax legislation and tax compliance under each tax head.

Applied Tax comprises 8 modules

In Applied Tax, research, communication, and professional writing skills will be developed and tested. These techniques must then be demonstrated in assignments and exams throughout the qualification programme.

  • Module 1 The construction of tax legislation and tax law
  • Module 2 Research and professional communication skills
  • Module 3 Accounting for Tax

The next five modules teach the core technical skills from legislation to practical compliance under each tax head. This involves taking an in-depth review of the key sections of the legislation, case law, EU law and directives under each tax head along with a detailed study of computations of liabilities, reliefs and compliance rules and procedures under each tax head.

  • Module 4 Income Tax, from legislation to application
  • Module 5 Capital Gains Tax, from legislation to application
  • Module 6 Corporation Tax, from legislation to application
  • Module 7 VAT, from legislation to application
  • Module 8 CAT/Stamp Duty from legislation to application

Stage 3 Integrated Tax Consultancy

The objective of Integrated Tax Consultancy is to integrate tax, accountancy and legal concepts in practical tax consultancy topics taught in a comprehensive case study approach. The combination of Applied Tax and Integrated Tax Consultancy will ensure that the successful candidate has a rigorous understanding of key tax concepts, tax legislation and the ability to interpret tax consultancy to the client, legal professionals and accountancy professionals.

The Integrated Tax Consultancy comprises 12 modules

  • Module 1 Legal Concepts for Tax Planning
  • Module 2 Small & Medium Sized Entities
  • Module 3 Remuneration & Rewards
  • Module 4 Losses & Charges
  • Module 5 Land & Property Tax Issues
  • Module 6 Individual & Corporate Investor
  • Module 7 Succession Planning
  • Module 8 Revenue Interventions
  • Module 9 International Tax Issues
  • Module 10 Holding Companies
  • Module 11 Withholding Taxes
  • Module 12 Re-organisations, Liquidations & Sales

NB: The programme requires active participation throughout including group discussions, pre-class reading and in-class participative activities. Full attendance at each module is in an integral part of the successful completion of the programme.

Recommended Reading

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