The Chartered Institute of Taxation (CIOT) is the leading professional body in the United Kingdom concerned solely with taxation. One of its key aims is to achieve a better, more efficient, tax system for all affected by it – taxpayers, advisors and the authorities.
The Institute was established in 1930 and received its Royal Charter in 1994. It enjoys a high international standing in taxation affairs and is a UK member body on the Confédération Fiscale Européenne (CFE), the umbrella body for 150,000 tax advisers in Europe.
The CIOT has a strong committee structure which carries out original work on such subjects as the study of tax legislation, international relations in the taxation field and tax training.
As part of its charitable activities, the CIOT also sponsors the Low Incomes Tax Reform Group which works to improve and simplify the tax system so as to make it more responsive to the needs of those who cannot afford to pay for tax advice.