Require tax agents to share liability for errors in tax returns they prepare
National
ยท146 contributorsIntroduce legislation so that any person or company preparing and submitting tax returns on behalf of others is jointly liable for penalties, interest, and losses arising from errors caused by their negligence, misrepresentation, or failure to meet professional standards.
Rachel Reeves
Chancellor
Taxpayer liability despite professional reliance
Unfair burden of others errors
Shared liability for tax advisers
Require tax agents to share liability for errors in tax returns they prepare
National
Introduce legislation so that any person or company preparing and submitting tax returns on behalf of others is jointly liable for penalties, interest, and losses arising from errors caused by their negligence, misrepresentation, or failure to meet professional standards.
Taxpayer liability despite professional reliance
Unfair burden of others errors
Shared liability for tax advisers