The following Value Added Tax guidance note by Tolley provides comprehensive and up to date tax information covering:
This guidance note provides an overview of the procedure followed by HMRC where they consider that a tax agent has acted dishonestly.
HMRC view conduct as being dishonest where the agent does something dishonest with a view to ensuring that tax revenue is lost in the course of assisting their clients with their tax affairs.
According to CH180120, HMRC introduced legislation in FA 2012, Sch 38 in order to:
The term tax agent is defined in the legislation as an:
“individual who, in the course of business, assists other persons (‘clients’) with their tax affairs”
A firm or other organisation, whether incorporated or not, cannot be a tax agent for the purposes of this regime. A tax agent may, however, work for an organisation. A person will be viewed as a tax agent even where they or the organisation they work for are indirectly appointed or appointed at the request of someone other than the client.
HMRC considers that assisting with a client’s tax affairs will include:
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