UK Tax Authority Clarifies Adviser Registration Requirements

The UK tax authority provided clarity to firms about which officers should register as tax advisers under new rules that kicked in Monday.

Professionals making strategic or management decisions on the firm’s tax advisory work should be registered as tax advisers, the country’s tax authority, according to His Majesty’s Revenue and Customs.

Under the new regime, being implemented in a phased manner, professionals who interact with HMRC on behalf of clients need to register as tax advisers and meet certain minimum standards.The rules are meant to raise standards in the tax advisory industry by ...