Worshipful Company of Tax Advisers
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The Worshipful Company of Tax Advisers is a livery company of the
City of London The City of London is a city, ceremonial county and local government district that contains the historic centre and constitutes, alongside Canary Wharf, the primary central business district (CBD) of London. It constituted most of London f ...
. It draws its membership from tax advisers and other
taxation A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, o ...
-related practitioners. It was established in December 1995 as a
guild A guild ( ) is an association of artisans and merchants who oversee the practice of their craft/trade in a particular area. The earliest types of guild formed as organizations of tradesmen belonging to a professional association. They sometim ...
by members of the
Chartered Institute of Taxation The Chartered Institute of Taxation (CIOT) is a registered charity (number 1037771) and the leading professional body in the United Kingdom concerned solely with taxation. The CIOT deals with all aspects of direct and indirect taxation. Activit ...
and became a company without livery status in December 2000. On 18 January 2005, the
Court of Aldermen The Court of Aldermen forms part of the senior governance of the City of London Corporation. It comprises twenty-five aldermen of the City of London, presided over by the Lord Mayor (becoming senior alderman during his year of office). The Co ...
granted the company's petition to become the City's 107th livery company in the
order of precedence An order of precedence is a sequential hierarchy of nominal importance and can be applied to individuals, groups, or organizations. Most often it is used in the context of people by many organizations and governments, for very formal and state o ...
. It was granted a
royal charter A royal charter is a formal grant issued by a monarch under royal prerogative as letters patent. Historically, they have been used to promulgate public laws, the most famous example being the English Magna Carta (great charter) of 1215, b ...
in July 2009, which was presented to the company by
Prince Richard, Duke of Gloucester Prince Richard, Duke of Gloucester, (Richard Alexander Walter George; born 26 August 1944) is a member of the British royal family. He is the second son of Prince Henry, Duke of Gloucester and Princess Alice, Duchess of Gloucester, as well ...
, in May 2010 at
St. Bartholomew's Hospital St Bartholomew's Hospital, commonly known as Barts, is a teaching hospital located in the City of London. It was founded in 1123 and is currently run by Barts Health NHS Trust. History Early history Barts was founded in 1123 by Rahere (died ...
's Great Hall. The central feature of the company's
coat of arms A coat of arms is a heraldic visual design on an escutcheon (i.e., shield), surcoat, or tabard (the latter two being outer garments). The coat of arms on an escutcheon forms the central element of the full heraldic achievement, which in its ...
is a large chequered diagonal cross. This X-shape suggests the
Roman numeral Roman numerals are a numeral system that originated in ancient Rome and remained the usual way of writing numbers throughout Europe well into the Late Middle Ages. Numbers are written with combinations of letters from the Latin alphabet, ea ...
for 10, and the historical tenth or
tithe A tithe (; from Old English: ''teogoþa'' "tenth") is a one-tenth part of something, paid as a contribution to a religious organization or compulsory tax to government. Today, tithes are normally voluntary and paid in cash or cheques or more ...
, chequered to reflect the
Exchequer In the civil service of the United Kingdom, His Majesty’s Exchequer, or just the Exchequer, is the accounting process of central government and the government's '' current account'' (i.e., money held from taxation and other government revenu ...
that used counters on a squared tablecloth. The blue of the shield symbolises the
River Thames The River Thames ( ), known alternatively in parts as the The Isis, River Isis, is a river that flows through southern England including London. At , it is the longest river entirely in England and the Longest rivers of the United Kingdom, se ...
, the heart of the City of London. The chain symbolises the links of fellowship between the company's liverymen. Above the helm, the owl, as in the Arms of the Chartered Institute of Taxation to which many of the liverymen belong, represents wisdom, and extends the purse of charitable provision. The company's motto is ''Veritas, Caritas, Comitas'',
Latin Latin (, or , ) is a classical language belonging to the Italic languages, Italic branch of the Indo-European languages. Latin was originally a dialect spoken in the lower Tiber area (then known as Latium) around present-day Rome, but through ...
for ''Truth, Charity, Courteousness'', reflecting its primary aims, which are: * to enhance the standing of the profession of tax adviser in the City of London * to support the Lord Mayor and the
City of London Corporation The City of London Corporation, officially and legally the Mayor and Commonalty and Citizens of the City of London, is the municipal governing body of the City of London, the historic centre of London and the location of much of the United King ...
* to support and fund charitable and benevolent causes, and * to promote fellowship among tax advisers. The company is a member of the Financial Services Group of Livery Companies, the other 11 members of which are the Worshipful Companies of Chartered Accountants, Actuaries,
Arbitrators An arbitral tribunal or arbitration tribunal, also arbitration commission, arbitration committee or arbitration council is a panel of unbiased adjudicators which is convened and sits to resolve a dispute by way of arbitration. The tribunal may con ...
, International Bankers, Chartered Secretaries and Administrators,
Insurers Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge ...
, Information Technologists, City of London Solicitors,
Management Consultants Management (or managing) is the administration of an organization, whether it is a business, a nonprofit organization, or a government body. It is the art and science of managing resources of the business. Management includes the activities o ...
, Marketors, and World Traders. The Company's Church is
St Bartholomew the Great The Priory Church of St Bartholomew the Great, sometimes abbreviated to Great St Bart's, is a medieval church in the Church of England's Diocese of London located in Smithfield within the City of London. The building was founded as an Augusti ...


References


External links


The Worshipful Company of Tax Advisers website
{{authority control Tax Advisers 2000 establishments in England Tax practitioner associations 2000 in London