A revised version of Professional Conduct in Relation to Taxation came into effect on 1 March 2017. All members were notified of these changes on 1 November 2016, and are particularly important as these new guidelines state that members “must not create, encourage or promote tax planning arrangements or structures that (i) set out to achieve results that are contrary to the clear intention of Parliament in enacting relevant legislation, and/or (ii) are highly artificial or highly contrived and seek to exploit shortcomings within the relevant legislation.”
The CIOT/ ATT webinar was held on Tuesday 14 February to discuss the background to these changes, and how they should be applied in practice.
The webinar is available to view for the next 12 months via this link from Internet Explorer or Firefox browsers.
Attached below are the corresponding slides.