Should you be interested in HMRC’s future plans?
- 13th April 2021
- Posted by: admin
- Category: News
It seems that current disruptions are not slowing down HMRC’s consultations on future changes to the tax system.
Practitioners with time on their hands can read the spring initiative by HMRC on the gov.uk website. Google “HMRC spring consultations”. The seventeen page document makes for interesting reading.
Opportunities for advisers increase if the scope or application of tax law changes. Aside from changes to the scope of compliance services practitioners need to constantly review other legislative changes to spot opportunities to develop or extend advisory services.
It pays to be pathfinders rather than stepping into the foot prints of others.
Innovation fuels service price premiums and with downward pressure on compliance pricing practitioners would be wise to keep abreast of changes that may benefit clients and precipitate upward sales of more profitable services.
Source: New feed