CIOT licenses South African Institute of Taxation to award Chartered Tax Adviser status

This followed the granting of the same right to the Irish Tax Institute (ITI) and The Tax Institute (TTI) in Australia in 2012, and the Taxation Institute of Hong Kong (TIHK) in 2020.

Under the agreement, qualifying members of SAIT will be able to transition to Chartered Tax Adviser status, joining the existing 19,600 CIOT members, 5,800 TTI members, more than 5,500 ITI members and more than 1,600 TIHK members who can already call themselves Chartered Tax Advisers.

Jerome Tse, president of The Tax Institute of Australia, said the Tax Institute is pleased to welcome SAIT to the CTA fold.

“Tax education is our highest priority, and it is wonderful to see support for the learning, knowledge, and recognition of dedicated and talented tax professionals in this way,” he said.

“We look forward to working with the team in South Africa to ensure both our tax communities are upholding the rigorous professional standards the CTA designation represents.”

CIOT president Peter Rayney said the five institutes share a commitment to increasing public understanding of tax matters and to engaging constructively with legislators and tax authorities in the pursuit of a tax system that works effectively for all involved with it – taxpayers, their advisers and the authorities.

“By granting the right to designate Chartered Tax Advisers to carefully chosen tax bodies in other countries we are pursuing our aim of recognising and promoting the highest standards of tax advice internationally,” he said.

“The Chartered Tax Adviser brand is highly recognised and very well respected in the UK, but is less well known elsewhere. With tax becoming increasingly globalised, and our members travelling to and working in more and more countries, we believe it will benefit our members to raise the profile of the designation internationally. We want it to be the global ‘go-to’ brand for high quality tax advice.”