Tax advisers operate in a complex business and financial environment. The increasing public focus on the role of taxation in wider society means a greater interest in the actions of tax advisers and their clients. The tax system is necessary to fund public services and for the health of our economy and society. A strong, competent and self-disciplined tax profession is vital to its successful operation and serves the public interest by allowing the citizen proper and effective representation in one of their most significant interactions with the State.

1. Describe the roles of tax agents and advisers in an economy (6 Marks)
2. Highlight the technical and practical consideration necessary when giving a tax planning advice to the client (6 Marks)
3. Highlight the reasons why many consultancy firms are passive in the extreme, waiting for clients to come to them and viewing marketing activities as unnecessary or even forbidden.

(8 Marks)