2024 Chartered Tax Advisers’ Address

The rise of artificial intelligence (AI) will ‘inevitably’ impact the tax world but humans will still be needed to oversee the evolution of the technology.

That was one of the main takeaways from this year’s Chartered Tax Advisers’ Address which took place on Wednesday 5 June in central London.

The event was chaired by new CIOT president Charlotte Barbour with guest speaker Conrad Young a former chief digital officer at Deloitte and chair of the Oxford Internet Institute’s advisory board. Responding to Young’s remarks were Bivek Sharma chief technology officer for PwC UK and Shan Sun tax technology lead at Deliveroo.

Young described AI as a ‘difficult topic’ for tax professionals with the volume and pace of its evolution ‘confusing’ and ‘overwhelming’ for many.

Although the origins of AI date back to the 1950s recent developments such as the launch of...