Taxman hires auditors for IFRS tax returns

Taxman hires auditors for IFRS tax returns

HMRC aims to hire 18 accountants to handle the first raft of tax returns from PLCs who have converted their reporting

Audit and corporate accounting teams at HM Revenue & Customs are to be
beefed up with a new recruitment drive designed to handle the first wave of tax
returns since the introduction of IFRS.

The department is aiming to hire 18 accountants to handle the first raft of
tax returns from PLCs who have converted their reporting.

‘Accountants with experience of preparing or auditing the financial
statements of large corporates, gained in the profession or industry, are
required,’ said an HMRC spokesman.

Current HMRC employees have voted to strike on the self assessment deadline,
31 January. The ICAEW has urged those submitting forms to treat Monday 29
January as the deadline, and called on HMRC to not penalise taxpayers who
struggle to file because of the strike action.

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