Tolley's Taxation Award Categories

Best International Tax Team – The award is for a team which provides first class international tax expertise to businesses, whether owner-managed businesses or large companies. Entries are welcome from firms which offer any aspects of international tax advice for business, including cross-border transactions, structuring, transfer pricing and expatriate services.

Best Digital Innovation – This award is to acknowledge the increasing important of the digital agenda in the world of tax. The judges will be looking for professional advisory firms which have taken an innovative approach to problem solving and/or taxes management through digital platforms.

Best Financial Services Tax Practice – This is award acknowledges the fact that financial services tax is now a discipline in its own right. The winning team, which is likely to come from a large firm but which could be a specialised boutique, will be dealing with a wide range of tax issues in sectors such as banking, private equity, venture capital, insurance or asset management.

Best Independent Tax Consultancy Firm – The judges will be looking for independent firms who work is predominantly tax consultancy rather than a traditional compliance and advisory practice. The category is not primarily aimed at consultancy divisions of larger tax practices or for firms whose expertise falls within one of the other specialist categories but the judges will be prepared to consider entries from distinct consultancy businesses within larger firms provided that that division does not qualify in one of the other award categories. If you are in any doubt about eligibility please contact us.

Best In-House Tax Team – This award is designed to recognise the important position of in-house tax department in industry and business in dealing with the tax affairs of their employer. It is also open to in-house teams in the public and third sector.

New: Best In-house Tax Leader – This new category will recognise the in-house tax leader in 2018/19. With tax of increasing importance on the Boardroom agenda, the role of the in-house Head of Group Tax / Tax Director has never been more important. The winner will be responsible for the tax affairs of his/her organisation, and the judges will also take into account wider considerations, such as the extent to which he/she has acted as a true business partner, developed their team or made a contribution to the wider tax community. Nominees are often put forward by their peers, though you may also apply yourself.

Best Corporate Tax Practice - This award will go to the best corporate tax practice in 2018/19. The award is open to firms advising corporates on any aspect of their tax affairs, such as: the tax aspects of corporate, commercial and financial transactions; advising on significant tax planning assignments; managing tax and reputational risk; supporting efficient compliance and reporting processes; and transfer pricing issues.

Best Private Client Tax Practice – This is intended for a tax practice which predominantly looks after high net worth clients. It is open to practices of all sizes.

Best Tax Disputes / Investigations Team – This award seeks to find a top-quality team which specialises in tax investigation and/or dispute resolution work, providing effective solutions to clients and managing the difficult demands of enquiry work.

Best Tax Practice in a Regional Firm – This award is for tax and accountancy firms which, while not having a national presence, operate from more than one main office and provide a general tax service direct to clients (tax consultancy teams have a specialist category).

Best VAT/Indirect Tax Team – This award will go to a team that has proven specialist skills in providing exceptional advice in the field of indirect tax. The winning team may cover the entire spectrum of indirect taxes or specialise in one or more niche areas.

Best Human Capital/Employment Tax Team – This award recognises this important sub-discipline within taxation. The judges will recognise that teams working in this area will offer more than pure taxation advice, but they will favour teams which have taxation at the heart of what they do. The award is open to standalone specialist firms or teams within larger firms. The judges will be equally impressed by teams looking at international issues and those with a predominantly UK focus.

Best New Tax Practice – This award recognises that start up practices may not yet be read to compete on equal terms with their long-established counterparts but which have started to establish themselves in the market place. New in this context means commencing on or after 1 January 2015. The judges will be particularly looking for wholly new firms but will consider applications from existing firms general practice or law firms who have set up their own tax practices within the last 3 years.

Single Office – This is open to any tax or accountancy firm run from a single office (regardless of the number of principals or employees) offering a general tax service direct to clients. As well as applying the criteria applicable to the regional tax practice category as appropriate, judges will be looking for evidence of the extra level of personal service and commitment which these practices can offer their clients. Firms which have one main office and one or two small satellite offices may be eligible to enter this category but should seek the advice of the award organisers before putting in an entry.

Rising Star – This award will go to an individual who, while not yet at the height of their career, is rapidly making a name for himself or herself in the tax world. It is open to those specialising in any tax discipline, and anywhere within the UK tax profession.

Lifetime Achievement – This award recognises an individual who has made a sustained and significant impact in tax during the whole of their career, as opposed solely to achievements in the last year. The judges will consider the unique qualities which have earned this individual the respect of their colleagues and peers. Past winners have normally been acknowledged current, or very recently retired, leaders within the tax profession.

The Tolley award for outstanding contribution to taxation in 2018/19 – For the individual who has made the most positive contribution to the tax profession in 2018/19. To ensure this award reflects the view of the UK tax profession, we will invite tax professionals to nominate individuals for this award. The judges will then draw up a shortlist, from which tax professionals will be able to vote for the winner.