Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether he plans to regulate the use of deeds of assignment in taxation mandates by practitioner agents.
The Government launched a consultation “Raising standards in tax advice: protecting customers claiming tax repayments” on 22 June 2022, which proposes measures to prohibit the assignment of tax repayments. This consultation forms part of the Government’s agenda to raise standards in the market for tax advice. It will close on 14 September 2022, after which the Government will set out how it will proceed.