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Regulation of the tax advisory market: the effect of non-regulation and the case for change

Regulation of the tax advisory market: the effect of non-regulation and the case for change

by Simon Watkins | Mar 6, 2025

Executive Summary The UK tax advice market operates with minimal regulation, creating significant risks for both taxpayers and HMRC. Anyone can establish themselves as a tax adviser regardless of qualifications or competence, as illustrated by the R&D tax relief...
Regulation of the tax advisory market: the effect of non-regulation and the case for change

UK tax advice market needs urgent reform: TaxWatch’s new report highlights dangers of unregulated advisers and calls for change

by Simon Watkins | Mar 6, 2025

A comprehensive report on the UK tax advice market has revealed alarming gaps in regulation that leave both taxpayers and public finances vulnerable to significant harm. The report, published by TaxWatch, includes testimony from victims of mis-selling of financial...
HMRC tax defaulting tax advisor reported to two professional bodies

HMRC tax defaulting tax advisor reported to two professional bodies

by Alex Dunnagan | Mar 6, 2023

TaxWatch have submitted a formal complaint to both the Chartered Institute of Taxation (CIOT) and the Institute of Chartered Accountants in England and Wales (ICAEW) about one of their members, namely David Warren Hannah from Leicester. This is as a result of his...
Director of suspected HMRC tax avoidance scheme continues to be member of professional body

Director of suspected HMRC tax avoidance scheme continues to be member of professional body

by Alex Dunnagan | Feb 2, 2023

Despite his company being ‘named and shamed’ by HMRC for alleged involvement in disguised remuneration schemes, Paul Ruocco continues to be a member of the Institute of Chartered Accountants of England and Wales. TaxWatch have submitted a formal complaint to the ICAEW...
TaxWatch submits regulatory complaints against arms dealer’s adviser.

TaxWatch submits regulatory complaints against arms dealer’s adviser.

by Alex Dunnagan | Nov 16, 2022

TaxWatch has lodged complaints to both the Chartered Institute of Taxation and Institute of Chartered Accountants of England and Wales about the conduct of Zaheer Dudhia, an accountant and tax adviser. This complaint centres around our assertion that Mr. Dudhia failed...
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