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Last week’s debate on transparency looked at ways to restore trust in the tax system
KEY POINTS
- The need for trust and transparency in the tax system.
- There are currently 65 000 abusive tax avoidance cases under enquiry with HMRC.
- The compliant majority must not become disillusioned with the tax system.
- The level of awareness of the code of conduct for tax advisers.
- Should there be a “kitemark” for trusted tax advisers?
A debate on tax transparency was held at the House of Commons on 8 July 2014. The event was co-hosted by Mazars LLP and by the Association of Revenue & Customs (ARC) the trade union for senior officials of HMRC.
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