Members in practice scheme

Your guide

Professional recognition and support

If you are working for yourself or hope to in the future youll appreciate how important it is that your clients have condence in you and the services you offer.
Since 1993, AAT has regulated and provided additional support for members working for themselves through our members in practice scheme. Because AAT is one of the most widely recognised professional accountancy bodies in the UK, as a member in practice with us, youll be demonstrating your competence and abilities both to your clients and the wider accounting profession. If youre self-employed, the professional recognition and expert support AAT provides can prove invaluable. As a member in practice you will need to abide by AATs regulations and ethical guidance which will enhance your professional status.

Should I apply to become an AAT member in practice?

If you are an AAT full or fellow member offering accountancy, taxation or related consultancy services to the public in the UK or Channel Islands, the simple answer to this question is yes. You will need to apply to join the scheme if you are: a sole trader  a partner in a practice or a limited liability partnership a director or a shareholder in a limited company  working part-time on a self-employed basis while working for another employer. However, you may apply for exemption from AATs scheme for members in practice if:  you provide services only as a subcontractor to another accountant  you hold a practising certicate with another chartered and certied accounting body.

 I had been a teacher and a Major in the TA, but wanted to nd work that was compatible with my role as a carer for my disabled daughter. My aim in qualifying with AAT and becoming a member in practice is to earn a living in a way that ts in with this 24/7 responsibility.
Paul Buzzard MAAT Owner, Cedar Accounting Services

 A great bonus of working for myself is that I have the time to assist my daughters teacher for a few hours a week, which wouldnt be possible in a regular 9-5 job. Its great to be able to choose my own hours.  ithout the AAT qualication, W I wouldnt be running my own business now.
Jodie Riddex MAAT Owner, Accounts by Jodie

Services to make your business a success

As an AAT member in practice (MIP) you can take advantage of exclusive services including: a practising licence to display at your business premises, for licensed members only  free unlimited access to CCH Online providing tax and accountancy information 24 hours a day  an online toolkit including samples of business letters and contracts  use of the AAT logo, for licensed members only, and approved wording on your business stationery to show you are licensed and regulated by a professional body discounted rates for professional indemnity insurance (PII) exclusive MIP conferences  discounted advertising in your local Thomson and Yellow Pages regular MIP and technical updates via a monthly e-bulletin Money Laundering toolkit if AAT is your supervisory authority for Anti-Money Laundering Regulations 2007 inclusion in the AAT online MIP directory (optional) access to CCH Business Support Helpline with pay as you go vouchers. As an AAT full or fellow member and MIP, youll continue to enjoy unlimited access to all our full membership benets in addition to free technical and ethical advice. These exclusive member benets include discounts on our mastercourse training events and the Members Weekender; free branch events UK-wide and a wealth of online resources including podcasts and e-learning materials. Money Laundering Regulations 2007 AAT is recognised as a supervising authority for the Money Laundering Regulations 2007. As an AAT member in practice you will have the option to be monitored by AAT in order to comply with the Regulations. Further details can be found on the members in practice pages of our website at aat.org.uk/moneylaundering Voluntary work If you are undertaking work on a voluntary basis you do not need to join the scheme for members in practice. However, you will need to complete a Voluntary Work form which is available at aat.org.uk/mip

Cover image: Jackie Randles MAAT Owner, Debits and Credits

Any Questions?
For more information or to apply to become a member in practice, please get in touch with us. Call us on 0845 863 0788 (UK) +44 (0)20 7397 3015 (outside UK), 09.00 to 17.00 (UK time), Monday to Friday. Email us at membersinpractice@aat.org.uk or visit us at aat.org.uk/mip

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Association of Accounting Technicians 140 Aldersgate Street London EC1A 4HY