This article looks in detail at the proposals for reporting members of professional bodies to their body, and highlights the issues involved. There was broad agreement in the first consultation that HMRC should use this power more effectively, so the principle seems to have been accepted.
The tax authority has a statutory authority to lawfully disclose information to a body regulating a profession, in relation to misconduct on the part of a member which relates to an HMRC function. The legislation is in Section 20(3) of the Commissioners for Revenue and Customs Act 2005 (CRCA); in more detail, section 20 sets out powers for public interest disclosures. Information may lawfully be disclosed when
- The disclosure is instructed by the Commissioners (either in gener...
About Rebecca Benneyworth
Rebecca trained in London with Kidsons and, on qualifying, spent some time as Chief Accountant of a manufacturing company. She now has her own small practice in Gloucestershire that comprises of owner managed businesses and small companies.
She also lectures extensively for a range of professional bodies, accountancy firms, commercial organisations and the Inland Revenue. Demand has grown for Rebecca on the lecture circuit where she is well known for her refreshing, enthusiastic and entertaining presentation style as well as having a practical and down-to-earth approach to tax.