The taxman has said that tax returns compiled by qualified tax advisers gave
‘no guarantee’ that they would not contain errors.
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 director general Dave Hartnett and Theresa Middleton, director for small
medium enterprises, attended the meeting on behalf of the taxman.
Further powers are being sought by HMRC, but it is ‘failing’ to use those it already has, such as Conduct Notices, says RPC
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"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group