The Institute of Chartered Accountants in England and Wales (ICAEW) will consider whether accountants who run aggressive tax avoidance schemes should lose their practising certificate, the Daily Telegraph has reported. Frank Haskew, Head of the ICAEW Tax Faculty, told Tax Journal today that the ICAEW had not said that such a sanction should be imposed, but the possibility was ‘something that we need to look at’.
The Institute of Chartered Accountants in England and Wales (ICAEW) will consider whether accountants who run aggressive tax avoidance schemes should lose their practising certificate, the Daily Telegraph has reported. Frank Haskew, Head of the ICAEW Tax Faculty, told Tax Journal today that the ICAEW had not said that such a sanction should be imposed, but the possibility was ‘something that we need to look at’.