Taxation allowances

Mandatory competencies

You must achieve the minimum levels as set out below.

Level 3

• Ethics, Rules of Conduct and professionalism

Level 2

• Client care
• Communication and negotiation
• Health and safety

Level 1

• Accounting principles and procedures
• Business planning
• Conflict avoidance, management and dispute resolution procedures
• Data management
• Diversity, inclusion and teamworking
• Inclusive environments
• Sustainability

Core competencies

Level 3

• Accounting principles and procedures
• Capital allowances
• Construction technology and environmental services
• Quantification and costing (of construction works)
• Valuation

Level 2

• Contract practice

Optional competencies

Two to Level 2

• Capital taxation
• Contaminated land
• Design economics and cost planning
• Development appraisals
• Due diligence
• Insurance
• Property finance and funding
• Property management
• Risk management
• Sustainability

Full details of the Taxation allowances pathway are on the RICS website.