AAT members are recognised by HMRC and are one of the six main agent representative bodies with a representative on Working Together (WT) which looks for ways to improve HMRC's operations for the benefit of tax agents, their clients and HMRC.
AAT has been recognised by HM Treasury as a suitable professional accountancy body to supervise its members for the purposes of the Money Laundering Regulations 2007.
AAT is a full member of the International Federation of Accountants (IFAC). This was a significant milestone for AAT as it is an acknowledgement by IFAC that they have an internal operating structure that provides for the support and regulation of its members.
AAT is recognised by the majority of lenders (banks and building societies) for mortgage reference purposes. However, there is a small minority of lenders (principally the Coventry
and Leeds building societies) that do not include the AAT on their list of recognised accountancy bodies. The AAT does not agree with the decision taken by this small minority of lenders, however,
they recognise that it is the prerogative of the lender to determine their lending criteria.