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The SaVVy Club - London's first boutique events club, has announced the launch of | Top tax man reveals frustrations with the tax system |
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Mark Lee, a past Chairman of the ICAEW Tax Faculty has revealed that his frustrations with the tax system led him to move away from giving tax advice two years ago, despite having reached the top of his profession. In an extended 'Comment' article in the current issue of Taxation magazine, Lee, who is a Fellow of both of the Institute of Chartered Accountants and of the Chartered Institute of Taxation, explains that his frustrations were a direct consequence of three key developments in the tax system, some of which Lee felt were in danger of bringing tax law into disrepute. "The ever increasing complexity of our tax system has caused inequalities and inconsistencies and this is not helped by the 'doublespeak' of politicians and civil servants with regards to our tax system. Combine this with the prospect of increased powers for HMRC without adequate safeguards for taxpayers and things become very worrying indeed" says But despite his reservations about giving tax advice directly, Lee still retains a passion for supporting other accountancy professionals and last year, at the age of 50, he founded the UK's first independent specialist tax advice community - the Tax Advice Network. In just over six months the Tax Advice Network has grown to over 1,000 accountants and other registered Taxation magazine editor Mike Truman commended Lee for his contribution by saying "Mark is probably one of the few people who can write about this from the inside, because he is no longer giving advice, yet is still closely involved with the tax scene."
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