Sheriar Bradbury, MD of Bradbury Hamilton, assesses how advisers will be impacted as HMRC turns up the heat
Brace yourselves – the fight is coming this way. The Treasury is struggling with its finances and it is advisers and their clients who could find themselves embroiled in the scrap that is sure to follow as it looks to refill its coffers. With the new legislation that HM Revenue & Customs (HMRC) is proposing, the front line has been brought to advisers; but the industry is valiantly fighting back. Centering around the definition of ‘tax agent’ HMRC now has more time (until 28 April) to listen to advisers and clear up a startling lack of clarity that could implicate advisers and their clie...
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