17 January 2017
Put your client admin into motion.
- Does your firm have a detailed and effective policy on data and information security? Are employees sure of their responsibilities and liabilities here.
- The importance of adhering to deadlines for making elections for various tax reliefs is highlighted by the tribunal’s decision in Yablon which refused a late application for enhanced pension protection. Does your system ensure deadlines are met.
- Detailed legislation will require an analysis of the exact written word to define parliament’s intention. However if the legislation is relatively brief a purposive approach is more likely to be valid and a professional judgment can be formed on the result parliament was trying to achieve with the statute.
- Making Tax Digital might impose a good discipline for businesses to report information quarterly. If apps and digital tools prompt claims for adjustments to be made at the...
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