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Tax News

Law Society response: HMRC consultation on raising standards in the tax advice market

Published on: 16 June 2021
Published by a

Specialist Tax Regulatory Materials

Article summary

Responding to HMRC’s consultation on raising standards in the tax advice market, the Law Society supports the principle of mandatory professional indemnity insurance (PII) for anyone who provides tax advice, so long as the new regime does not create additional burdens for regulated professionals who are already subject to minimum PII requirements.

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

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