Dodwell: tougher code of conduct for tax advisers from March 2017

The introduction of the revised Professional Conduct in relation to Taxation, produced by the leading professional institutes and approved by the Treasury, sets out tough rules on the limits for tax advisers and accountants when providing tax planning advice and professional judgment. Bill Dodwell, head of tax policy at Deloitte, considers the key issues

On 1 March the latest version of the professional ethical standards for tax advisers takes effect, in response to a 2015 request from the government to ‘take on a greater lead and responsibility in setting and enforcing clear professional standards around the facilitation and promotion of avoidance’.

The Professional Conduct in relation to Taxation applies to the members of four accountancy bodies (the ICAEW, ICAS, ACCA and AAT) and three tax bodies (the CIOT, ATT and STEP).

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