The Level 4 Professional Taxation Technician Apprenticeship (ATT) will help trainees gain essential knowledge and skills in finance, tax and business. Apprentices earn while they learn, gain relevant work experience and will receive a recognised qualification.
Tolley Exam Training Professional Taxation Technician Apprenticeship
What is a professional apprenticeship?
In its simplest terms, an apprenticeship is a job with training. In recent years apprenticeships have been subject to major reform which has resulted in a number of specific professional apprenticeships being introduced. These are more robust with rigorous assessment and a strong focus on quality.
Tolley Exam Training is proud to support the Level 4 Professional Taxation Technician Apprenticeship and Level 7 Taxation Professional Apprenticeship programmes. These are unique programmes of study and 'on the job' training which equips individuals with a combination of the right skills, behaviours and technical knowledge, providing a fantastic foundation for a career in a professional environment.
What's more the Professional Taxation Technician Apprenticeship is aligned with a recognised and highly regarded professional qualification, the Association of Taxation Technicians (ATT), while the Taxation Professional Apprenticeship aligns with the Chartered Tax Adviser (CTA) professional qualification.
What is the Apprenticeship Levy?
From 1 April 2017, the government has reformed the way that Apprenticeships are funded, including the introduction of the Apprenticeship Levy for large businesses, and a new co-financing scheme for smaller businesses.
The levy will be applied at a rate of 0.5% of an employer's pay bill (where the pay bill is over £3m per annum) and will be managed through an on-line Apprenticeship Service account. For Apprenticeship training and assessment in England, the government will apply a 10% top up to the funds in the Apprenticeship Service account, so every £1 will be increased to £1.10.
Levy payers will be able to use the levy payment to purchase apprenticeship training and assessment through a Government approved training provider.
For those employer's not paying the levy (or where there are not enough funds in their Levy Account), there is co-investment. The employer only needs to pay 10% of the apprenticeship training costs and the government will pay the rest up to a maximum funding cap.
Thinking of employing an apprentice?
With the Apprenticeship Levy coming into operation from 1 April 2017, there is no better time to look at the benefits for employers.
The new Trailblazer standards have been developed by employers, for employers. This means that apprentices will learn the skills, knowledge and behaviours that they need to succeed and perform efficiently in the workplace.
Within the Professional Taxation Technician Apprenticeship the apprentice will gain technical knowledge either through work experience, or more commonly, the examination route. The 'on programme' aspect of the training will ensure the appropriate skills and behaviours are learnt along the way by broadening their understanding and making the apprentice a valued part of the team.
Key benefits for the employer include:
- Improves employee retention - after finishing, 7 in 10 apprentices stay with the same employer.
- Easier to recruit – a strong proposition of qualifications and work-based learning appeals to new talent.
- Accessing the levy for levy payers - the only way to access the levy paid by employers is to train apprentices.
- Benefit from an effective 90% discount - Non levy payers - only pay 10% of the apprenticeship training costs and the government will pay the rest up to the funding band.
Partnering with Tolley for your apprenticeship programme?
Over the last 13 years Tolley Exam Training has grown rapidly by providing a unique service to our clients, and in the process, changed the way that students and clients view and undertake studying for professional tax examinations. Due to this expertise and commitment to helping students study, we've been approved by HM Government as a registered apprenticeship training provider.
Year on year, Tolley Exam Training students achieve exceptional exam results that significantly surpass the national average, and you can expect this same high level of success from our apprenticeship programmes. This is achieved through:
- Writing by experts - our expert writers create engaging and comprehensive study manuals to help students understand the fundamental principles.
- Teaching by professionals – we employ industry leading tutors who specialise in tax training.
In addition, Tolley Exam Training provide the following support tools for both students and employers to get the best out of the Tolley experience.
- Tolley Online Academy – allows students to access all study materials on a computer, tablet or mobile via the Tolley App, 24 hours a day. So students can study wherever and whenever it suits them, making the best use of their time and to have the best chance of exam success.
- Tolley Performance Tracker – enables students and training managers to view their study plan online and download exams and answers, allowing both employer and student to monitor progress.
Tolley Exam Training is a growing business with nine regional training centres allowing you to study at a centre convenient to you. Our centres include:
Thinking of becoming an apprentice?
A professional apprenticeship is a genuine alternative to University.
As an apprentice you will gain hands-on experience with an employer from day one whilst learning key knowledge, skills and behaviours in a structured environment. With the Professional Taxation Technician Apprenticeship you will also be working towards a well-respected professional qualification which could be a stepping stone to further progression. All while earning a salary.
If you choose to partner with Tolley Exam Training to complete your apprenticeship, you'll also benefit from online access to legislation through LexisLibrary and discounts on key Tolley titles (including the Tolley's Yellow and Orange Handbooks).
Key benefits of an apprenticeship include:
- Ability to 'earn as you learn'
- Attractive starting salaries
- No tuition fees to pay as an apprentice
- Clear path to a professional qualification in addition to the apprenticeship certification
- Career progression opportunities as you're building networks whilst you're learning on the job
Who can apply?
Apprenticeships aren't all about hiring new recruits or school leavers, apprenticeships are for anyone learning new skills – that includes reskilling and upskilling the existing workforce.
In addition, the below eligibility criteria also applies to both apprentices and employers.
You are required to be a UK/EU citizen
The apprenticeship needs to be a legitimate job and include an off-job training component equivalent to 20%
How is training delivered?
Apprenticeships cover a range of competencies and need to ensure that apprentices can demonstrate the following knowledge, skills and behaviour as set out in the Apprenticeship standard.
- Technical knowledge
- Business awareness
- Ethical standards
- Regulation and compliance
- Systems and process
The above are examined in ATT exams and within the role simulation as part of the end point assessment.
- Analysis of information
- Communication skills
- Leadership potential
- Planning and prioritisation of tasks
- Produces quality and accurate information
- Ability to work within a team and collaborate effectively
- Adding value
- Ethics and integrity
- Professional scepticism
End point assessment
At the end of your apprenticeship, your employer and training provider will agree that you are ready for the final stage, you will pass through to end point assessment.
At this point independent assessors will review your portfolio and reflective statement. You will also be invited to a role simulation.
During your apprenticeship you will build up a portfolio of evidence. This will demonstrate your understanding and practical experience at each competency.
As part of the apprenticeship, you will produce a reflective statement which is your opportunity to reflect on your development during the programme. You will reflect on the work you have done, the experience you have gained and the evidence you have built up in your portfolio. In addition, you'll also have the opportunity to consider what went well and where you can approach things differently the next time which are both important aspects of any learning journey.
The role simulation will give you the opportunity to tackle a series of business-related tasks through a simulation that reflects activities undertaken in a typical role at this level of competence. It will synoptically assess the application of knowledge, skills and behaviours required from employers.