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| CIOT welcomes Poynter Report |
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The Chartered Institute of Taxation (CIOT) welcomes the Poynter Report that has examined the loss of data by HMRC and recommended ways to prevent a repeat of this. On 20 November 2007, the Chancellor appointed Kieran Poynter, the Chairman and Senior Partner of PricewaterhouseCoopers, to investigate the circumstances that led to the significant loss of confidential personal data on Child Benefit recipients and other recent losses of confidential data and the lessons to be learnt. Kieran Poynter published his final report on 25 June 2008.Nick Goulding, CIOT President, said: “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. The CIOT welcomes the recommendation that agents should be at the leading edge of new developments. Better systems will enable advisers to drive down costs for the benefit of clients and HMRC. The CIOT looks forward to meeting with HMRC in order to discuss how we can help them achieve the identified improvements.
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About The Author  Sarah Laing Sarah is a Chartered Tax Adviser. She has been writing professionally since joining CCH Editions in 1998 as a Senior Technical Editor, contributing to a range of highly regarded publications including the British Tax Reporter, Taxes - The Weekly Tax News, the Red & Green legislation volumes, Hardman's, International Tax Agreements and many others. She became Publishing Manager for the tax and accounting portfolio in 2001 and later went on to help run CCH Seminars (including ABG Courses and Conferences). Sarah originally worked for the Inland Revenue in Newbury and Swindon Tax Offices, before moving out into practice in 1991. She has worked for both small and Big 5 firms. She now works as a freelance author providing technical writing services for the tax and accountancy profession. |
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Article Added Friday, 27 June 2008 | 833 Hits |
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