TaxAdministrationScottish accountants angered by HMRC

Scottish accountants angered by HMRC

Regulated and unregulated tax advisers given same recognition by HMRC

Scottish accountants are in heated discussions with HMRC following changes to
rules that mean the Revenue will not distinguish between professional and
unregulated tax advisers.

ICAS has come across concern from members over the proposals from HMRC that
will remove any differences between regulated and unregulated tax advisers, the
Scotsman
reported.

Derek Allen, director of taxation with ICAS, said: “A large number of ICAS
members were quite offended [by the proposal].”

The changes were made in the HMRC consultation paper ‘Modernising Powers,
Deterrents and Safeguards: Working with Tax Agents’.

It is suggested that approximately 15% of the 80,000 tax advisers in the UK
are not members of a professional body.

Further reading:

Taxman loses £1m in online heist

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