Chesterfield-based Accountant Liz Fisher has scooped top honours in a prestigious national taxation exam, following her outstanding performance which saw her beat more than 1000 candidates to gain the highest marks.
Liz, who works at Mitchells Chartered Accountants and Business Advisers as Tax & Employer Solutions Manager, was awarded the Ronald Ison Medal for the candidate with the highest mark in the Advisory Paper on Taxation of Individuals. The exam was set by the Chartered Institute of Taxation, the principal body in the United Kingdom concerned solely with taxation.
Nationally, 395 people sat the Taxation of Individuals exam with only two thirds (67%) passing. Liz was also only one of only three candidates to be awarded a distinction in her Advisory Paper, gaining her the CCH Prize for the highest distinction mark awarded in the UK.
As well as Liz, Mitchells celebrated a hat trick of results in the exams with colleagues Partner Tim Leeman and Tax Specialist Lisa Eyre also securing passes. A total of 1,189 candidates entered the exams, with Liz, Tim and Lisa being three of 907 candidates to pass one or more papers in the May 2015 examination.
Tim Leeman was one of only 235 candidates in the May exam that completed all their CTA examinations which means he is now a qualified Chartered Tax Adviser, further strengthening Mitchells’ taxation team.
Successful completion of the exams has put Liz and Lisa one step closer to becoming a member of The Chartered Institute of Taxation and being able to call themselves Chartered Tax Advisers. The Chartered Tax Adviser (CTA) qualification is seen as the gold standard for tax professionals.
Liz said: “”I was really happy to pass the exam but totally shocked to win the award. It means I’m one step closer to completing the qualification overall and becoming a Chartered Tax Adviser which will further enhance the proactive tax advice Mitchells is able to provide to clients.”
President of the Chartered Institute of Taxation, Chris Jones, commenting on the results said: “I would like to offer my congratulations to all 907 of the candidates who have made progress towards becoming a Chartered Tax Adviser as a result of passing one or more papers at the May 2015 examination. 235 candidates have now successfully completed all of the CTA examinations and we very much look forward to them becoming members of the Institute in the very near future.”
The Saltergate-based firm of Accountants and Business Advisers is one of the area’s leading taxation specialists.For further details on how Mitchells’ specialist tax division can help your business grow and prosper contact 01246 274121.