On 12 February 2013, HM Treasury made two Orders, under which the following provisions will come into force on 1 April 2013:

  • Schedule 38 to the Finance Act 2012 provides for HMRC to issue a tax agent with a conduct notice if they have determined that the agent has engaged in dishonest conduct, to obtain working papers from them and other persons and to impose penalties for dishonest conduct, with the potential for publication of information about that individual in certain circumstances.
  • Section 101 of the Finance Act 2009, which applies late payment interest to sums due to HMRC, in relation to penalties under Schedule 38.

For more details see: Finance Act 2012, Schedule 38 (Tax Agents: Dishonest Conduct) (Appointed Day and Savings) Order 2013 (SI 2013/279) and Finance Act 2009, Section 101 (Tax Agents: Dishonest Conduct) (Appointed Day) Order 2013 (SI 2013/280).