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
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.
HMRC has won its tenth successive case against tax avoidance schemes promoted by NT Advisors. The Court of Appeal has ruled that NT ... read more
HMRC is continuing to ramp up the number of raids on premises it carries out as part of criminal investigations, searching 761 properties in the last year
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
Since the release of HMRC’s plans for digital tax reforms, many have agreed with the call for a delay