Competency Framework: taxation
Technical Domains
8. Taxation
This domain is about issues relating to taxation, including: communicating with HMRC; income tax; tax bands and personal allowances; capital gains tax; inheritance tax; stamp duty; employment and self-employment; source of support; scams. The domain comprises Tiers 1, 2 and 3.Â
- Tier 1
- Tier 2
- Tier 3
| 8.1.1 | Knowing there is an issue – awareness and signposting to relevant source and information (e.g. to websites and to HMRC website etc.) |
| 8.1.2 | Awareness of tax related communications from HMRC |
| 8.1.3 | Awareness of tax bands and of personal allowances (e.g. married persons allowance) |
| 8.1.4 | Awareness of saving allowances |
| 8.1.5 | Awareness of issues around income tax, capital gains tax and inheritance tax |
| 8.1.6 | Awareness of the differences between employment and self-employment |
| 8.1.7 | Signpost or refer customers to appropriate sources of information on taxation |
| 8.1.8 | Awareness of scams and what to do if a customer has been the subject of a scam |
| 8.2.1 | Knowledge and understanding of tax related communications from HMRC |
| 8.2.2 | Knowledge of capital gains tax calculations and what tax the customer should pay |
| 8.2.3 | Knowledge of how tax bands work and of personal allowances (e.g. married persons allowance) |
| 8.2.4 | Knowledge of stamp duty / land transaction tax |
| 8.2.5 | Knowledge of rules changing |
| 8.2.6 | Knowledge of how saving allowances interact |
| 8.2.7 | Knowledge of issues around income tax, capital gains tax and inheritance tax |
| 8.2.8 | Knowledge of the differences between employment and self-employment |
| 8.3.1 | Detailed knowledge and understanding of the consequences of tax related communications from HMRC |
Training and qualifications
Find out about external training for the taxation domain.
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