Guidance on Professional Tax Practice

Guidance on Professional Tax Practice (GPTP) sets out the fundamental principles and standards of behaviours that all members of the Institute are recommended to observe as international best practice when dealing with different tax issues.

Tax advisers operate in a complex business and financial environment and a core purpose of the tax system is to fund public services and to ensure the good health of our economy and society. Tax advisers therefore have a responsibility to serve their clients’ interests whilst upholding the profession’s reputation and the need to take account of the wider public interest.

The GPTP is intended to guide members in their behaviour, to assist them and to ensure that they undertake work effectively and appropriately, and act in the public interest. If concerns are raised about members, we will take account of these Principles and Standards when deciding whether or not to take action.

The GPTP has been developed based on the Professional Conduct in Relation to Taxation (PCRT) and its associated Help Sheets jointly produced by:
  • Association of Accounting Technicians (AAT)
  • Association of Chartered Certified Accountants (ACCA)
  • Association of Taxation Technicians (ATT)
  • Chartered Institute of Taxation (CIOT)
  • Institute of Chartered Accountants in England and Wales (ICAEW)
  • Institute of Chartered Accountants of Scotland (ICAS)
  • Society of Trust and Estate Practitioners (STEP)

The Institute is deeply grateful to the PCRT bodies for allowing the Institute to adopt their PCRT and associated Help Sheets. Members are recommended to observe the GPTP alongside the Institute’s existing Code of Professional Conduct, taking into account good practice guidance.

It is not practical to establish guidance that applies to all situations and circumstances members of the Institute may encounter. While every care has been taken in the preparation of the GPTP the Institute does not undertake a duty of care or otherwise for any loss or damage occasioned by reliance on this guidance. Practical guidance cannot and should not be taken to substitute appropriate legal advice.

The GPTP will be published soon.