UK Budget 2020 - last but not least….

Mar 16, 2020

 

Sir Amyas Morse recommended in the Loan Charge Review published in December 2019 that “There should be a new strategy published within six months, addressing how the Government will establish a more effective system of oversight, which may include formal regulation, for tax advisers”.

Following on from that, the Government will publish a call for evidence in the spring on “raising standards for tax advice”. This will seek evidence about providers of tax advice, current standards upheld by tax advisers, and the effectiveness of the Government’s efforts to support those standards. We’ll be seeking your view on this important call for evidence once it is launched.