Mark McLaughlin looks at penalties for errors in tax returns, etc. attributable to someone other than the taxpayer, and possible future sanctions against tax advisers.
Tax practitioners are coming under increasing scrutiny. The government’s crackdown on tax avoidance and ‘unacceptable tax planning’ in recent years has resulted in many disgruntled taxpayers pointing the finger of blame at their tax advisers for not having given them an adequate ‘health warning’ after undertaking failed tax planning arrangements.
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