CIOT Welcomes Publication Of Poynter Report
The Chartered Institute of Taxation (CIOT) has this week welcomed the Poynter
Report, which has examined the loss of data by HM Revenue & Customs (HMRC)
and recommended ways to prevent a repeat of this.
Nick Goulding, CIOT President, commented: “It is refreshing to read a report about a disaster with so many positive
suggestions for the future. HMRC and their Acting Chairman are to be congratulated
for having reacted so swiftly to put new protections in place. The same momentum
applied to many of the other Poynter recommendations stands a good chance of
restoring HMRC’s reputation." Tax agents are identified in the Report as important to take forward certain
key initiatives that are suggested. Welcoming the recommendation that agents should be at the leading edge
of new developments, CIOT said that better systems will enable advisers to drive down costs
for the benefit of clients and HMRC. The CIOT intends to meet with HMRC in order to discuss how the identified improvements can be achieved. .
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