The Association of Taxation Technicians (ATT) is to join forces with PricewaterhouseCoopers (PwC) and others to provide a higher apprenticeship in tax.
The Government today gave the go-ahead to a bid from a consortium of organisations including PwC (the lead organisation), the ATT, the Institute of Chartered Accountants of England and Wales, the Management Consultancies Association, the Financial Skills Partnership and training provider BPP, for a new Professional Services Higher Apprenticeships Programme. The Programme will initially cover tax, audit and management consulting.
Apprentices on the tax route will follow a newly-developed level 4 Qualifications and Credit Framework (QCF) qualification in tax. The qualification will be designed to raise apprentices to the ATT professional standard.
ATT Deputy President Stuart McKinnon has welcomed today’s government announcement:
“This is great news. The ATT is delighted to be part of the higher apprenticeship programme, helping to improve our national skills base and providing a new route into the tax profession for capable young people.
“Traditionally apprenticeships have been seen by most people as primarily a route into trades like building and plumbing. This is valuable of course. However they can also be a path into white collar professions such as tax and accountancy. Traditional university degrees have a lot going for them but we want to show they are not the only gateway to the professions. We also believe this initiative has the potential to increase the diversity of the profession.
“We look forward to working with BPP, PwC and other potential employers of tax apprentices over the next few months to develop a qualification and framework which are robust, based on the needs of employers and offer great opportunities for those interested in a career in tax.”
John Hayes, Minister for Skills, said:
"Professional services play a fundamental role in creating jobs and growth, and in tough times it is right for the Government and education providers to invest to develop the advanced skills firms need to prosper. I am delighted that the Association of Taxation Technicians is working with employers and other professional bodies to create the first Professional Services Higher Apprenticeships Programme.”
Notes to Editors
- This announcement is part of a wider announcement today by Business Secretary Vince Cable of how Government funding will support thousands of apprenticeships. £18.7m from the Higher Apprenticeship Fund will support the development of 19,000 new Higher Apprenticeships in sectors including construction, advanced engineering, insurance and financial services.
The Government announcement can be read at: http://nds.coi.gov.uk/content/detail.aspx?NewsAreaId=2&ReleaseID=422302&SubjectId=2
The BIS press office can be contacted for further comment on 020 7215 5979
- It is expected that apprentices joining the Professional Services Higher Apprenticeships Programme will be a mix of school or college-leavers with good A-levels or equivalent qualifications, those who have completed Advanced Apprenticeships (e.g. in accountancy), and existing employees of participating firms.
PwC will act as lead contractor for the programme. BPP will lead development of the framework and qualifications.
The programme aims to deliver 1500 apprenticeship starts in total by March 2015, divided among the tax, audit and management consulting routes. The first apprentices will start on the programme from September 2012.
Under the apprenticeship programme, the employer provides the apprentice with a wage but the Government provides all or part of the training costs.