Adviser anger over HMRC tax letter responsibility
Deadline to inform clients today
The burden of telling taxpayers to declare all overseas income should not fall on financial advisers but on HM Revenue & Customs (HMRC), advisers have said.
IFS Wealth and Pensions director Ricky Chan said his firm had felt obliged to send notification letters to every client on its books to avoid a fine from the taxman, in a process that had taken about 30...
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