ICAEW expects legal privilege court role
Institute's request to take part in Supreme Court hearing into legal professional privilege set for clearance
Institute's request to take part in Supreme Court hearing into legal professional privilege set for clearance
THE LATEST ROUND in the battle for legal professional privilege (LPP) for tax advisors should see the ICAEW allowed to present its stance to the Supreme Court.
Last week, the Law Society was granted permission to intervene in Prudential’s appeal to the Supreme Court to allow LPP to be extended to the tax profession and its clients.
Accountancy Age understands that the ICAEW expects to also receive permission to intervene this week.
The legal and accounting professions took opposite sides during the Court of Appeal hearing a year ago. The court ruled that it was not its duty to extend privilege beyond lawyers and solicitors, despite suggesting that tax advisors would often be better able to provide tax advice than lawyers.
Prudential was fighting against revealing tax advice documents to HM Revenue & Customs. The taxman had issued a notice compelling the insurer to provide the information about a tax scheme provided by PwC.
Earlier this month, the Australian government took another step towards opening LPP to tax advisors after launching a consultation.
More about:
The numbers you crunch tell a story. Your expertis...
13yEmbracing 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 articleThe accountancy world has reacted to the news that the UK has voted to leave the EU Read More...
View articleHMRC's new leader claims that customer service levels are on the up Read More...
View articleThe government department made a very costly administration error in a letter to a tax avoidance user Read More...
View articleThe European Parliament has given the green light on an EU investigation into the Panama Papers Read More...
View articleMEPs call for more transparency for trust funds and foundations, common rules for “patent box” tax reductions on intellectual property earnings Read M...
View articleThe number of investigations into high-value big companies that HMRC suspect of using transfer pricing to avoid tax has fallen by 15% in a year Read M...
View articleHMRC taskforces have recovered more than £500m since they were launched five years ago Read More...
View articleThe search engine's tax affairs have come under further scrutiny following a dawn raid on its Paris offices Read More...
View article