A mate of mine did the tax exams while working in another industry. Once he qualified, he went looking for a job and was only offered the most junior roles, along with the salary to match. It didn't matter that he was qualified, he had no experience in tax, whereas people who worked in the field had 3 years on him. He had a mortgage and kids at this point, so he didn't make the move.I don't think passing exams would make anyone an expert to be honest, experience is what will determine that regardless of what designation they have.
I'm an accountant but in my last few roles I have hired in a head of tax as you need dedicated expertise, one was aca and cta dual qualified and one was cta only, there wasn't a discernable difference, the point is that qualifications won't really tell you who can give you the best tax advice, track record and experience would be far more important.@Blackrock1 & @Steven Barrett
I take that point but I thought accountants on this forum (there seems to be a good few) might be able to comment on the substantive question of how the CTA curriculum
https://taxinstitute.ie/wp-content/...rse-Information-and-Regulations-2021-2022.pdf (page6)
compares with that of ACA/CPA or BCL courses vis-à-vis in-depth knowledge of tax law and its interpretation.
Perhaps I should say that my perspective is of a member of the public wanting to get the best tax advice - I am not thinking of going into this field of work myself or anything like that.
@MOB
What you are doing by farming tax advice out to the tax expert is not client psychology. It is just wisely refraining from committing to advising on a matter that is not core to your area of expertise. This way you cannot later be held liable for not mentioning tax implications of an arrangement, any consequences of non-optimal advice to your client nor have him disgruntled at you.
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