Call for evidence on tax advisers: last chance to have your say, 10 August 2020

Aug 10, 2020

In one of the most important consultations for many years, HMRC is exploring potential options to regulate the UK tax profession in its consultation “Call for evidence: raising standards in the tax advice market”. The NI Tax Committee will be responding to this consultation which closes on 28 August 2020. 

The call for evidence asks for views and evidence on several issues including: 

  • the scope of the market for tax advice and services; 

  • the characteristics of good and bad practice; 

  • current government interventions; 

  • international models; and 

  • possible approaches to raising standards. 

The Committee is particularly interested in hearing your views on the potential options set out by HMRC on pages 28-32 of the consultation. The full list of consultation questions is also available for your feedback. Please contact Leontia Doran by Monday 17th August 2020. 

The NI Tax Committee’s work in this area will aim to ensure the Institute’s brand is both protected but also appropriately recognised by HMRC and is not devalued in any way. The Committee is also clear that the impact on regulation of our members should be minimal.