Market leading insight for tax experts
View online issue

FA 2012 analysis: Tax agents: dishonest conduct

Speed read

Following three years of consultation and previous draft legislation FA 2012 confirmed new provisions enabling HMRC to tackle dishonest tax agents. These are a continuation of HMRC's expanding powers, deterrents and safeguards, which have modernised its approach to taxpayer compliance. Turning its attention to tax agents, s 223 introduces Sch 38 giving HMRC the power to obtain working papers from tax agents engaged in dishonest conduct and impose penalties up to £50,000, together with the potential to publish the details of such offenders. The schedule will come into effect by a Treasury order expected to be from 1 April 2013.

If you or your firm subscribes to Taxjournal.com, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

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 article in full.
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
EDITOR'S PICKstar
Top