.png)
.png)
Topical tax compliance issues discussed at a recent joint workshop between agents and HMRC.
KEY POINTS
- Reminder that the new professional conduct in relation to taxation guidance comes into effect from 1 March 2017.
- The case study concerned a €2m inheritance that needed to be disclosed.
- Problems that can arise when a client takes advice from a friend.
- Action to take when the client/adviser relationship breaks down.
Concerns raised about Making Tax Digital
On 4 November 2016 Taxation hosted a joint HMRC/agent workshop. These events have become as much part of the November calendar in recent years as bonfire night but fortunately not as explosive. Sixty attendees representing HMRC and a mix of the professional bodies exchanged thoughts and learned from each other in a positive and constructive environment.
The subject was topical compliance and HMRC’s Dave Wood reminded the meeting of the department’s trifold approach to...
Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
