The Progressive Advisors’ Movement, a group of 100 private wealth advisers, has produced a report challenging the anti-tax culture in the industry, where paying tax is ‘uniformly framed’ with a negative bias.

The group includes industry practitioners, who work across sectors including private banks, accountancy firms and law firms.

In the report, the advisers criticised the industry as ‘politically biased’ and for not doing enough to understand different clients’ attitudes to tax, and is calling for better dialogue with HMRC about high net wealth tax risks.

Failures were found across four ‘critical areas’, which included clients being ‘auto-enrolled’ in tax strategies that they had not fully understood or subscribed to.

The a