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V5.220A Call for evidence on the standards of tax advice

In the 2020 Spring Budget, the Government announced that it was to 'publish a call for evidence on raising standards in the market for tax advice in the spring…this will seek evidence about providers of tax advice, current standards upheld by tax advisers, and the effectiveness of the government's efforts to support those standards, in order to give taxpayers more assurance that the advice they are receiving is reliable.' This was shortly followed by details of the call for evidence¹, which sought views until the closing date of 28 May 2020.

The call for evidence appears to have been prompted by the independent loan charge review², which reported on the Government's response to tax avoidance in the form of the disguised remuneration and concluded, inter alia, that

'there should be a new strategy published within 6 months,