Law and Regulation of Tax Professionals

Julian Hickey is a barrister at Addington Tax Chambers where he is joint Head of Chambers. Adrian Shipwright is a barrister at Addington Tax Chambers.

• 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 AppendicesAppendix 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

This book is timely and welcome, especially given the current debate in the UK about raising standards in the tax advice market and whether further regulation is required...a valuable volume that no professional practice should be without.