Back to the drawing board
The government wants to step up the fight against enablers of tax abuse (again). New powers and better information can help. But HMRC is barely using the powers and penalties it already has.
UK tax advice market needs urgent reform: TaxWatch’s new report highlights dangers of unregulated advisers and calls for change
TaxWatch launches new report illustrating the damage that a lack of regulatory oversight causes taxpayers seeking help to comply with their obligations & advocating for urgent widespread reform.
Raising Standards in the UK Tax Advice Market: The Government’s next steps appear to be a march into the long grass
The Government’s next steps to regulate and improve standards in the UK tax advice market betray the aims and findings of the recent consultation and demonstrate a lack of political will on the issue.
Latest Government consultation grapples with how to regulate tax advisers
TaxWatch introduces the latest Government consultation into regulating tax advice market.
TaxWatch launches regulatory complaint against Mr Douglas Barrowman
TaxWatch has lodged a formal complaint to the Institute of Chartered Accountants of Scotland in respect of its member, Douglas Barrowman.
TaxWatch welcomes proposals to tackle promoters of tax avoidance
Two proposals in the draft Finance Bill 2023-24 aimed at tackling promoters of tax avoidance have been welcomed by TaxWatch.
Beyond the Loan Charge: Will the most recent proposals finally shut down disguised remuneration schemes?
HMRC estimates that 31,000 people used disguised remuneration schemes in 2020-21.
Can a posse of professional bodies clean up tax dodge city?
What – if anything – can be done about professionals that break the rules?
HMRC tax defaulting tax advisor reported to two professional bodies
TaxWatch complains to professional bodies about deliberate tax defaulter.