READ Tax Advisers Obligations and Liability

Impact of the Money Regulations 2017 "And The Various Codes Of Conduct "the various codes of conduct of various professional bodiesKey case law covered includes the following Higgins Ors v ERC Accountants Business Advisers Ltd 2017 EWHC 2190 Ch 18 September 2017 Halsall Ors v Champion Consulting Ltd Ors Rev 1 2017 EWHC 1079 B 19 May 2017 Barker v Baxendale Walker Solicitors a firm 2016 EWHC 664 Ch Altus Group UK Limited v Baker Tilly Tax and Advisory Services LLP t ors 2015 EWHC 12 Ch Mehjoo v Harben Barker 2014 EWCA Civ 358 Mehjoo v Harben Barker a firm Anor 2013 EWHC 1669 B Matrix Securities Ltd v Theodore Goddard a firm and David Goldberg C Ltd v Theodore Goddard a firm and David Goldberg C PNLR 28. In the world of competing demands on the UK Excheuer And The Ever Increasing Scrutiny Of Tax Planning And Investigations the The Record ever increasing scrutiny of tax planning and investigations possible taxvasion it is of fundamental importance for the tax "adviser to understand and appreciate the scope of their obligations and potential liabilitiesAdvisers must meet the standards reuired by their "to understand and appreciate the scope of their obligations and potential liabilitiesAdvisers must meet the standards reuired by their professional body adhere to the reuirements of the law both as to the Rough Draft Of A Manual Of Indian Sylviculture efficacy of the tax advice given to a client and also tonsure that it is not negligent advice Moreover the tax adviser must also be vigilant to nsure that their services are not being xploited for the purposes of tax vasion A busin. Ess will be liable if an mployee or other associated person criminally facilitates tax Fourth Annual Report evasion whilst acting in that capacity for the businessven if the senior management of the business was not involved or aware of what was going on An management of the business was not involved or aware of what was going on An includes all mployees and persons providing services to the business such as an accountant or adviserUnder this legislation advisers face the possibility of substantial financial penalties reputational damage and possibly prison Other key areas to be covered include updates to the Promoters of Tax Avoidance Scheme POTAS legislation and the Disclosure of Tax Avoidance Scheme DOTAS legislation; the. Tax Advisers Obligations and Liability