PUBLIC BENEFITS

When you are seeking assistance with your tax return, you should choose an Associate or Fellow of the FTA, the association that regulates professional tax advisers on a voluntary basis.

The FTA joined with Institute of Financial Accountants in 2009 which has improved further the standing of the FTA with the support of a much larger and long established organisation.

WHY CHOOSE AN 'FTA' MEMBER?

Acceptance and training. Applications for membership of the Institute are carefully checked and referenced before acceptance. Members are required to maintain currency of their knowledge in terms of legislation and practices by providing annual proof of continuing professional education. 

Competency. The FTA regulates the activities of Associates and Fellows ensuring they reach the required standards of competence, accuracy and confidentiality and also practises regular scrutiny to ensure that all members maintain these high standards.

Members who fail to uphold the exacting standards demanded by the Federation face the sanction of loss of membership.

ADVANTAGES OF USING AN 'FTA' MEMBER

Code of Practice. When you choose an Associate or Fellow of the FTA to assist in the preparation of your tax return you can be confident that they comply with the exacting standards demanded by the Federation and comply with its rigorous Code of Practice.

Professional Indemnity Insurance. Clients of members of the Federation benefit from Professional Indemnity Insurance cover carried by Associates and Fellows that is a condition of membership.

Regulation. The Federation regulates the activities of all Associates and Fellows and therefore encourages members to give proper standards of service to taxpayers.

SECURITY

Professional advisers. With the advent of self assessment and online filing, a large number of taxpayers complete their own tax return and do not take advantage of employing an agent. Whilst this may offer taxpayers a saving on professional fees, it may actually cost them more in tax as a result of not being properly advised.

LOCAL MEMBERS

If you would like to appoint an FTA Member to arrange your tax affairs, either locally or nationally, then please complete the enquiry form and we will provide you with details so that you can obtain a quotation.