Market leading insight for tax experts
View online issue

New Powers for Old

Anne Redston Visiting Professor in Tax Law at King's College London assesses HMRC's proposed new powers over tax advisers
Once upon a time a magician located Aladdin's lamp by offering 'new lamps for old'. HMRC's consultation paper reassuringly entitled 'Working with Tax Agents' (WWTA) makes a similar proposal. Instead of the existing powers for dealing with wayward tax advisers the document recommends a raft of new ones. These include giving HMRC the power to:
●     review working papers relating to the adviser's entire client base to see if a mistake is systemic or a one-off
●     levy financial penalties linked to fees the client's turnover or the tax at risk
●     refuse to allow the adviser to...

If you or your firm subscribes to, 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 '' for further assistance.