HMRC: qualified advisers 'no guarantee' of correct returns

The taxman said qualified advisers don't guarantee that a return will be error free, but admits it must look to improve its service delivery to the tax industry

Written by Kevin Reed

The taxman has said that tax returns compiled by qualified tax advisers gave 'no guarantee' that they would not contain errors.

Following a meeting between HM Revenue & Customs and institutes' group the Consultative Committee of Accountancy Bodies , the taxman said both parties wanted to see an improvement in terms of tax knowledge and its application.

Advisers said it was hard to get access to trained HMRC specialists, but HMRC said: 'It was clear that most agents did a thorough and professional job, but it was still the case having a professionally qualified agent acting was no guarantee that returns made would be error-free.'

HMRC is considering sharing with advisers common errors found on returns, and continuing to work with institutes on their CPD programmes.

The taxman said it would use its recent advisers' telephone pilot to improve its services, and planned to improve the advisers' area of its website after it found they were increasingly using its site to access information and as a first point of contact.

HMRC again voiced concern about a minority of firms not complying with disclosure rules. The CCAB were keen to see the firms reported to them, said HMRC.

HMRC director general Dave Hartnett and Theresa Middleton, director for small medium enterprises, attended the meeting on behalf of the taxman.

Further reading:

View the CCAB discussion

Disclosure plan has hallmark of success

Advertisement

Enjoyed this article? Help spread the word:

Comments

White papers

Related jobs

Spotlight

Richard Mayfield, Waitrose FD

Profile: Richard Mayfield, Waitrose FD

Waitrose FD Richard Mayfield tells our reporter about the pros...

Credit crunch special: guiding business through the storm

The downturn is hurting and recession looms. Will accountants be...

Beat the credit crunch with Young Professional

Latest issue features a guide to advancement during economic uncertainty,...

Find your next job

Find your next job

Advertisement

Salary Checker

Newsletters

Sign up here for the very latest news delivered to your inbox. Choose from the following options:

Search white papers

Search white papers

Advertisement

Have your say

Would rumoured Treasury moves to abolish stamp duty do anything to help the housing market?
Yes, scrapping stamp duty has been a long time coming
No, any move is far too little, too late

Job of the week

More finance jobs...

Advertisement

Your next job