TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

HMRC updates the standard for agents

HMRC has published an updated standard for agents. This sits alongside the Institute’s own standards and Code of Ethics and, according to HMRC, “ensures a minimum standard has been set for all agents and in particular, those that are unaffiliated to any professional body.”

The updated standard includes requirements for providing advice on tax planning. It also makes clear that HMRC expects agents to “comply fully with money laundering regulations”.