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Professional indemnity insurance may be compulsory for tax advisers

The government is consulting on plans to make professional indemnity insurance mandatory for tax advisers in a bid to improve standards and protect taxpayers.

Professional indemnity insurance may be compulsory for tax advisers
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The proposals would introduce a requirement for tax advisers to hold professional indemnity insurance, including minimum levels of cover, and how the policy could be enforced and implemented.

Read more at Accountancy Daily.

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