.png)
.png)
The guidance on professional conduct has not emerged fully formed.
KEY POINTS
- Current guidance on professional conduct is simply the latest in a series of such documents.
- The test of acceptable conduct is subjective but this has advantages.
- Reputational damage is caused by appearing to condone the selling of contrived tax schemes.
- The practicalities of ascertaining the intention of parliament.
- Advisers concerned about a possible breach of the guidance will need to consider various matters.
The guidance note Professional Conduct in Relation to Taxation (PCRT) is not a new ICAEW document; it was produced by all the major professional bodies barring the lawyers many years ago and the current one is merely the latest iteration. Nothing drafted by a committee is ever perfect and the PCRT certainly has its flaws but it isn’t the monster some make it...
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.
