Annie
28-11-07, 10:54 AM
Tax avoidance: is any legal way of reducing the amount of tax payable, arrange affairs in the most tax efficient way
Tax evasion: is the intention to deliberately mislead HMRC and is illegal
It could be providing HMRC with false information or not giving information to HMRC which they are entitled to
Code of ethics & conduct - 1. Integrity
2. Objectivity
3. Professional competence & due care
4. Professional behaviour
5. Confidentiality
This provides a framework within which to make judgements. Members are required to comply with the above principles of code of ethics and conduct
Annie
Tax evasion: is the intention to deliberately mislead HMRC and is illegal
It could be providing HMRC with false information or not giving information to HMRC which they are entitled to
Code of ethics & conduct - 1. Integrity
2. Objectivity
3. Professional competence & due care
4. Professional behaviour
5. Confidentiality
This provides a framework within which to make judgements. Members are required to comply with the above principles of code of ethics and conduct
Annie