The Student Room Group

HMRC Graduate Tax Specialist Programme 2016

Scroll to see replies

Original post by Tigeruppercut358
I also got the option for ICAS, however i will not be doing it. I'd rather get tuition from people who have worked in HMRC, rather than an external tutor who most likely has never seen the inside of a HMRC building. However, it's everyone's personal choice. Best of luck :-)


I also think something to consider for those who have been offered ICAS - it says in the email the time taken to grade 7 varies to those completing the original TSP training. Therefore may be worth enquiring which one gets you there quicker (i think its ICAS). This would probably be one of the deciding factors for me if I had the option
Original post by SarahGrad777
Yes Bristol is a gorgeous city! If you or anyone else who got Bristol wants to chat ot meet up before hand or if you want advice on living areas etc let me know!


Yes pleasee! I'm already in Bristol, but would be nice to meet up for a chat!
Original post by SarahGrad777
Sure am!


I have been offered LB, although I am requesting to defer until 2017 so more waiting for me! Bristol sounds a great place to live :smile:
Original post by Jabs1991
I also think something to consider for those who have been offered ICAS - it says in the email the time taken to grade 7 varies to those completing the original TSP training. Therefore may be worth enquiring which one gets you there quicker (i think its ICAS). This would probably be one of the deciding factors for me if I had the option


That's a fair point. I'm e-mailing them now to find out some more information.
I agree with Tiger, I've spoken to a few people and the HMRC training is delivered really well and well recognised.
Original post by ellie2606
Yes pleasee! I'm already in Bristol, but would be nice to meet up for a chat!



Sounds good! We could swap FBs or something? :smile:
Original post by Jabs1991
I also think something to consider for those who have been offered ICAS - it says in the email the time taken to grade 7 varies to those completing the original TSP training. Therefore may be worth enquiring which one gets you there quicker (i think its ICAS). This would probably be one of the deciding factors for me if I had the option


Unless your a CA or ACA you may find it hard to get exemptions for the ITP.

The degree in the TSP is only done in the last 2 years so I would assume the ITP wouldn't start until you have completed your cross tax training at the end of Year 2.

Most civil service graduate schemes leading to grade 7 open to external candidates typically last at least 4 years. So I am assuming the only way to finish the ICAS route earlier would be if you were a CA or ACA and exempt from a number of the levels.
(edited 7 years ago)
Original post by finance321
I agree with Tiger, I've spoken to a few people and the HMRC training is delivered really well and well recognised.


It definitely is, and after completion, career progression is excellent. The amount of knowledge gained from TSP is second to none. On the other hand the ICAS tax programme is not very well known, and it's a pilot programme. So there are bound to be some issues along the way.
Original post by SarahGrad777
Sounds good! We could swap FBs or something? :smile:


Yeah, sounds good. I'm on the new tsp group if you're in that?
Original post by antipathy
FYI Ruth and anyone else on the reserve list - they've asked for people to accept/decline offers by the end of the 12th May.

So thats probably the first point people will start to drop off the 200 list and free up some space for those currently in reserve. Best of luck!


Do you all think that people accepting the icas post will free up spaces in the tsp so space for reserves?

I have noticed the intake for tsp has usually been 230/240 people whereas this year it is 200. Maybe because of this trial they are doing?
Original post by ellie2606
Yeah, sounds good. I'm on the new tsp group if you're in that?


Hi,

Do you have a link to the TSP group on facebook. I could not find it.
Original post by Tigeruppercut358
Hi,

Do you have a link to the TSP group on facebook. I could not find it.


Think I've sent it..! Ecjb set it up. :smile:
Original post by Tigeruppercut358
It definitely is, and after completion, career progression is excellent. The amount of knowledge gained from TSP is second to none. On the other hand the ICAS tax programme is not very well known, and it's a pilot programme. So there are bound to be some issues along the way.


I don't think it really matters a great deal tbh. The degree you gain within the TSP isn't going to impact your earning potential significantly should you leave HMRC. Someone with years of experience at Grade 7 level will be in demand regardless of having the ITP or not.

If you were a CA who gained the ITP then you might fare better in the private sector with less experience, than say someone who completed the TSP and tried to make the jump with less than 2 years experience.

Generally though I would say the TSP offers pretty good salary advancement in your early career, compared with private sector schemes. However after a while you might get tempted away due to slow salary progression you experience as a G7. It would take you an estimated 16 years to hit the max in your pay band (assuming you got a 1% increase each year and there are no increases to the max in that time!).
(edited 7 years ago)
Original post by rolexlover
Do you all think that people accepting the icas post will free up spaces in the tsp so space for reserves?

I have noticed the intake for tsp has usually been 230/240 people whereas this year it is 200. Maybe because of this trial they are doing?


The ICAS thing won't affect the number of places. The only thing that may affect it is if particular lines of business decide last minute that they want more people. Which is unlikely. The intake varies greatly from year to year. It has been as low as 50 in the past.
Original post by Killmark
I don't think it really matters a great deal tbh. The degree you gain within the TSP isn't going to impact your earning potential significantly should you leave HMRC. Someone with years of experience at Grade 7 level will be in demand regardless of having the ITP or not.

If you were a CA who gained the ITP then you might fare better in the private sector with less experience, than say someone who completed the TSP and tried to make the jump with less than 2 years experience.

Generally though I would say the TSP offers pretty good salary advancement in your early career, compared with private sector schemes. However after a while you might get tempted away due to slow salary progression you experience as a G7. It would take you an estimated 16 years to hit the max in your pay band (assuming you got a 1% increase each year and there are no increases to the max in that time!).


It's worth remembering that the TSP makes you desirable to external employers not just because of the qualifications you gain but also your knowledge of HMRC's internal processes and things like your contacts within HMRC.
Original post by ellie2606
Think I've sent it..! Ecjb set it up. :smile:


Hey could you send it to me too? Thanks
Original post by Mallet
The ICAS thing won't affect the number of places. The only thing that may affect it is if particular lines of business decide last minute that they want more people. Which is unlikely. The intake varies greatly from year to year. It has been as low as 50 in the past.


I agree, there will also be internal candidates going into the ATSP.

At the end of the day the department is shaped like a pyramid and there are a limited number of G7's needed.

As more TPDP/TSP's finish the programmes they will inevitably bring down the age profile of the Grade 7 Tax Professionals.
Original post by Mallet
It's worth remembering that the TSP makes you desirable to external employers not just because of the qualifications you gain but also your knowledge of HMRC's internal processes and things like your contacts within HMRC.


Ofcourse, and the value of this increases over time as your experience builds.

Which was my point: experience > either qualification at the end of the day.

This is why HMRC has a tendency to loose staff to the dark side :wink:.
(edited 7 years ago)
Can someone please send me the link to the Facebook page?
Got offered Belfast, Cardiff and Glasgow whereas my first option was London 😩 If I accept one of the 3 locations what's the likelihood of getting transferred back to London within a year or two assuming people leave/fail tsp?

Quick Reply

Latest

Trending

Trending