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The vision thing

10 November 2015 / Robert Maas
Issue: 4526 / Categories: Comment & Analysis , Admin
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HMRC’s vision of agents, their advice to clients, compliance and standards.
KEY POINTS
 
  • „„A single compliance process has been introduced but is this just an updated version of “faster working”?
  • „„HMRC officers need to consider the exact reason that they need information from a taxpayer.
  • „„Accountants and HMRC officers must remember the importance of integrity.
  • „„Will clients benefit from grading accountants?

Last year HMRC introduced the single compliance process. I have yet to come across anyone who has been offered it. When I first heard about the proposals I had a sense of déjà vu because they seemed virtually identical to something called “faster working”. Some readers may remember that – it was something that the professional bodies agreed with HMRC about 15 to 20 years ago. After about six months I asked what had happened to...

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