Clark Whitehill teams up with ex-IR staff
Tax advisers face a major threat to their livelihoods from hundreds of redundant Inland Revenue inspectors under a new scheme unveiled this week by the public services union PTC and accountancy firm Clark Whitehill.
The PTC plans a nationwide network of franchised tax advisers to help taxpayers cope with the introduction of self-assessment. The launch date is set for late this year. Government figures estimate that 16,000 Revenue staff will have lost their jobs between February 1995 and April 1998.
A further 3,000 jobs will go after self-assessment is brought in.
PTC joint general secretary Clive Brooke said the scheme would be for past and current Revenue staff. He added: ‘We have had over 400 enquiries already. The final number could easily be as high as 1,000. We are confident we’ll attract a lot of good quality staff to run this.’
According to the union, the PTC’s proposed system will be more than just a form-filling exercise and is pitched as a personal counselling service for taxpayers.
Brooke claimed cutbacks at the Revenue were now ‘so extensive’ that staff were being diverted from other duties to ensure self-assessment worked as planned. He also said that the Revenue was engaged in a ‘furious row’ with the Treasury to obtain added funding. He added: ‘Anyone who claims they know what the final impact of all these cuts will be would have to be prophetic. I would question anyone who could give any sort of reassurance about them.
‘The simple truth is that the Revenue doesn’t have the staff it needs to make it work. And it just doesn’t know how the taxpayer population is going to react,’ Brooke added.
A Revenue spokeswoman rejected Brooke’s claims. ‘We are not going back to the Treasury,’ she said.
See self-assessment stories on pages 2 and 8.
The numbers you crunch tell a story. Your expertis...
29yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleHMRC sees the profit or loss made on buying and selling of exchange tokens as within the charge to Capital Gains Tax (CGT). Read More...
View articleThe recent IR35 case involving former Liverpool footballer and Sky Sports presenter, Phil Thompson, has drawn attention to the complexities and implic...
View articleFrom January 1, 2024, HMRC will implement new tax rules affecting individuals who sell items on platforms like Etsy, Depop, and Vinted. The new regula...
View articleHMRC reveal a small majority of people are soldiering a significant proportion of income and capital gains tax, following FOI request. Data has reigni...
View articleSteven Pinhey, technical officer at the Association of Taxation Technicians (ATT), considers how the rules on deductible expenses work in a social med...
View articleATT technical officer, David Wright, considers the implications of HMRC’s decision to remove employees with income between £100,000 and £150,000 from ...
View articleThis was the fourth largest borrowing year since records began in 1993 Read More...
View articleATT technical officer, David Wright, provides an overview of the welcome relaxation to CGT provisions for separating couples looking to transfer asset...
View article