Where can I find out more info about students wishing to set up as MIP?

geek84

Good Morning Folks


I am currently studying level 4 on the AAT and thinking about becoming self employed as a MIP>

Could anybody be kind enough to tell me - Where can I find out more info about students wishing to set up as MIP?

Thank You

MarieNoelle

Hi geek84,
Have you had a look at MyAAT?

"Offering services as an AAT student member

While you are studying for your AAT qualification, you can set up in practice.
However, certain restrictions apply until you become a full member:

you may not advertise in connection with AAT
you must only do work within your competence and seek professional advice where necessary
you must abide by the our Code of Professional Ethics
you are strongly advised to take out professional indemnity insurance.
Find out more about being a student in practice."

geek84

Hi Marie

Thanks for you reply.

I did try & look in myaat before writing the post, but couldn't find it.

Would you be kind enough to tell me where it is located?

Thanks

Jo Clark

https://services.aat.org.uk/myaat/content/item1769/

You will need to log on to your MyAAT account.

geek84

Thanks Jo

maturestudent

Hi,
I am in the same position, Level 4 hoping to be a MIP.

I am going to an AAT seminar in May (London) which is a beginners guide to becoming an MIP. There seems to be a few of these seminars throughout the country. I booked my event through the aat website. Not too sure where you are in the country but it might be worth looking at this?

Anyway, good luck.

geek84

Thanks maturestudent.

I've sent you a PM.

geek84

Good morning Folks

I'm trying to locate this MIP seminar that is supposed to be taking place in London in May (as stated by maturestudent, above). However, I can't find it. Could someone be kind enough to tell me the branch and date?

Thanks in advance

Jo Clark

Manjinder

Please bookmark/favourite this link http://www.aat.org.uk/news/aat-events

You can use it to search for events in your area and further afield.

I think the event you are looking for is the MIP Introduction Morning - London, being held on 11 May 2013 at the Holiday Inn London - Kensington Forum
97 Cromwell Road, LONDON, , SW7 4DN, UK


There are currently spaces available, the speaker is Mr John Lawrenson and the cost is £25.

MIP Introduction morning - London


AAT Website
MIP Intro - London
Details

This course is aimed at members who are considering becoming Members in Practice. The speakers will cover the professional and practical requirements of becoming a MIP and delegates will also gain the confidence to take the step into self-employment.



Course Outline:



AAT's scheme for members in practice
Applying to become a member in practice
Methods of operation: advantages and disadvantages
Guidance on practice start up and how to avoid common mistakes
Setting up a business
Sourcing finance
Marketing, networking and winning new clients




Steve Mercer – Self-employment for the terrified:



A walk through the pleasures and pitfalls of setting up as a member in practice
Learn from the mistakes of others
Are you cut out to deal with being self-employed?
What do you need to set up?
Working from home or renting an office?
What software will you need?
Where can you get help and advice?




John Lawrenson -Setting up your own practice

Delegates will learn how to address the issues they face in setting up a practice in a structured and methodical fashion

Delegates will be able to write a comprehensive Business Plan as well as structure and market their practice more professionally

The main benefit that delegates will take away from the course will be to be more confident about the decision making process they should engage when thinking about setting up in practice

Pre-Start Up Checks
Writing a Business Plan
Structure of a Business
Sourcing Finance for a Business
Marketing, Networking and Winning New Clients

Schedule

09.00 Registration

09.30 Introductions

09.35 The AAT’s scheme for members in practice

10.05 Self-employment for the terrified – Steve Mercer

10.50 Break tea/coffee and breakfast roll

11.20 Starting your own business - John Lawrenson

12.30 End

geek84

Hi Jo

Many thanks for that. I have now booked it.

I was trying to find this event by going through the branch network link situated at the bottom of the first page when logging into myaat.

Once again, many thanks.

dantray

Schedule

09.00 Registration

09.30 Introductions

09.35 The AAT’s scheme for members in practice

10.05 Self-employment for the terrified – Steve Mercer

10.50 Break tea/coffee and breakfast roll

11.20 Starting your own business - John Lawrenson

12.30 End

Is there a link where we can find out more information regarding the breakfast roll??

Jo Clark

dantray wrote: »

Is there a link where we can find out more information regarding the breakfast roll??

I don't think so - what do you need to know?

geek84

Breakfast roll? Why do you need to know that?

Anyway, the event was last Saturday.

Jo Clark

Did you attend Manjinder? If so, did you gain what you were hoping too from the event?

geek84

Yes, I attended. I gained an insight into the life of a MIP.

Now I'm not too sure if I want to go down that route !!

dantray

geek84
Breakfast roll? Why do you need to know that?

Anyway, the event was last Saturday.

No need really, I was hungry when I was reading the thread. I'm fine now.

geek84

Oh I see what you mean, dantray.

Are you a MIP or thinking of going down that route?

dantray

I run my practice in my spare time roughly 5-7 (give or take) hrs per week along side a full time job. have you considered doing it this way rather than taking the plunge?

I'm in no rush to work full time as MIP. I don't advertise services and client base has grown very slowly, (but very surely), from word of mouth only. Which suits me fine for now!

shalinisharma

Sponsor

Greetings,

I am Shalini staying in Cardiff.While exploring the career options in UK, I realized that a local skill training will be beneficial for me.

I found ATT (Association of Taxation Technicians) quite fascinating.

Though I am eligible and interested in the programme, still there is a major obstacle of finding a sponsor for me. Since me and my husband are new to UK, we don't know anyone who really meets the criterion of being my sponsor.

Could you please assist / guide me in getting a sponsor?

A favourable and quick response will help me register for the programme and can take the exams in
this November.

Thanks & Regards,
Shalini





My brief introduction
====================
Post Graduate Diploma in Business Administration – Major Finance (2011)
Worked for 3.5 years in an investment company in India
Graduate in Commerce (2002)
I can bring all original transcripts and meet you in person if either of you is OK to be my sponsor.


Excerpt from the below link about sponsor is copy pasted for your reference
=========================================================

https://www.att.org.uk/students/prospective/att-student-registration?NRMODE=Published&NRNODEGUID=%7b23A7F0F0-BE9D-4B03-8D86-5D7B65770C78%7d&NRORIGINALURL=%2fstudents%2fprospective%2fatt-student-registration&NRCACHEHINT=NoModifyLoggedIn&time=635045489016053379

Required Information
Every application for student registration must be supported by a sponsor whose details the applicant is asked to supply during the registration process. Being a sponsor has no financial implications at all. The sponsor will be notified that the applicant has applied to register as an ATT student and asked to certify that: the applicant is personally known to them; the particulars given on the form of application are true and correct statements; and that they recommend the applicant to Council as a fit and proper person for registration as a student. The sponsor must any of:
A member of The Association of Taxation Technicians, or The Chartered Institute of Taxation.
A member of a recognised professional accountancy or legal body.
An HMRC Senior Officer level or above.
A member of the Society of Trust and Estate Practitioners.
The applicant’s current or previous employer.
The applicant’s business partner in a relevant occupation.
The head of a secondary or higher education establishment which the applicant has recently attended, if the applicant is aged under 21.
The ATT may accept other sponsors at its absolute discretion. As a rule family members are not acceptable sponsors. Sponsors details must also be provided by those applying to re-register as a student.

geek84

Hi dantray

Thanks for you reply.

Yes, I was considering going down the MIP route once I complete my AAT, but after attending the open day a few weeks ago, it sounds a bit risky and a lot of money seems to be needed to set up.

I have also dropped you a PM.

dbk

Hi there,

Can you please explain why you feel it is a bit risky. I haven't been on one of these courses, but am looking at applying and am interested to hear other peoples opinions about it.

Thanks
Debbie

geek84

Hi

By 'risky' I mean you got to spend some money to buy the initial 'stuff', such as computer, associated software packages and stationery etc. At the presentation I went to in London, I met a few people who had been trying to establish themselves as MIP for the last 6 months or so, but could not get clients. They all live around the London area.