Description

Law and Regulation of Tax Professionals examines all aspects of the obligations and liabilities of tax advisers arising out of professional standards, contract, tort, tax legislation (including DOTAS, POTAS and DAC6) and criminal tax evasion sanctions against the backdrop of legislative and case law.

The purpose of this book is to provide a comprehensive overview of the law and associated matters concerning the regulation of tax professionals; and to seek to draw some practical lessons as to how the tax professional and the business they work in can organise themselves to comply with what is required by regulation, best practice and to eliminate so far as possible the consequences of mistakes and unforeseen occurrences.

Illustrated throughout with examples and reference to relevant case law, as well as checklists to help the reader put measures in place to protect themselves against the risk of becoming involved in breach of regulatory standards, this title is essential for tax professionals (including ICAEWs, CTAs, TEPs), tax agents, in house tax advisers, and lawyers advising on tax matters.

Table of Contents

1 Introduction
2 Regulatory framework: an outline
3 Professional conduct in relation to taxation (PCRT)
4 Disclosure of tax avoidance schemes
5 Contract: terms of engagement
6 Negligence and the tax professional
7 Privilege in tax disputes
8 Criminal investigations and prosecution
9 Tax evasion and tax facilitation offences
10 Anti-money laundering
11 DAC 6
12 Miscellaneous forms of regulation
Appendices
Appendix 1: Checklist of some matters to be considered on any engagement
Appendix 2: HMRC: The standard for tax agents
Appendix 3: Solicitors Regulation Authority – Warning notice
Appendix 4: The Law Society – Guidance for solicitors advising on tax
Appendix 5: Illustrative Assumptions to incorporate into Tax Professional's terms of engagement

Product details

Published 30 Mar 2021
Format Paperback
Edition 1st
Extent 624
ISBN 9781526506207
Imprint Bloomsbury Professional
Dimensions 234 x 156 mm
Publisher Bloomsbury Publishing

About the contributors

Author

Julian Hickey

Julian Hickey is a barrister at Exchequer Chambers…

Author

Adrian Shipwright

Adrian Shipwright is a barrister at Addington Tax…

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