Accountants owe it to their clients to stand up and fight for their rights around marketed tax scheme proposals, according to specialist consultancy Peak Performance.
Speaking at the 2020 Tax Conference in London last week, Roy Lyness and Steve Bradshaw said MPs and parliament were being mis-led on marketed avoidance.
“Under the new legislation [due to be enacted in the Finance Bill 2014 this July] you’re guilty until proven innocent, but there’s still time to lobby for change,” Lyness said. “We urge you to make contact with your MPs and fight for the rights of your clients. In years to come they [your clients] will say to you ‘what did you do when you knew this was going on’?”
The pair from Peak Performance were...