Tax advisers are in the firing line as never before. All year, the Inland Revenue and Customs & Excise have been hacking away – with mixed s...
View articleErnst & Young this week unveiled a 12% increase in UK net fee income to #424m and became the second Big Six firm, following KPMG, to lay bare its ...
View articlePannell Kerr Forster’s battle to hang on to its key staff has suffered yet another setback, following the resignation of its director of interna...
View articleCustoms & Excise’s plan to ‘claw back’ millions of pounds in VAT repaid to businesses after last week’s landmark High Cour...
View articleElectrical good retailers could be hit by the Chancellor’s move to close an Insurance Premium Tax loophole which allowed companies to avoid char...
View articleThe Chancellor used his Budget speech to announce the signing of the #200m Norwich & Norfolk hospital building project, a flagship NHS scheme fund...
View articleThe Budget held no simplification surprises for the profession, despite the Chancellor comparing the tax law rewrite task to that of translating War a...
View articleThe drinks industry will continue to see imports flood into the country despite the Chancellor’s freeze in duties on beer and wine and 4% cut in...
View articleAlthough tax cuts can win favour in the short term, long-term successcomes from managing inflation Read More...
View articleA penny cut in the basic rate of income tax allied with a widening of the lower rate band and increased personal allowances was welcomed by experts. P...
View articleTax collection departments won strong backing from the Chancellor to tackle accountants’ ‘ingenious wheezes’ for tax avoidance head ...
View articleUncertainty over the Labour party’s plans for a windfall levy on privatised utilities has clouded UK companies’ tax planning procedures. T...
View articleChancellor Kenneth Clarke rounded on ‘ingenious’ accountants in a blistering attack on the tax avoidance industry in Tuesday’s Budge...
View articleDeep-seated concerns about Inland Revenue investigation procedures are set to lead to major reviews by the country’s two leading tax bodies. The...
View articlePension funds’ ability to provide financial guarantees to new share issues could end if the Revenue succeeds in preventing them claiming tax exe...
View articleThe UK’s tax system is restraining the growth of small businesses and the job market, claims a report by Grant Thornton and Nat West. The study,...
View articleErnst & Young is teaming up with two energy specialists in a bid to create an international one-stop-shop for oil and gas licences. Diane Cook, pa...
View articleCutting red tape to allow employers to pay lump-sum national insurance contributions for minor expenses could be delayed until April 1998. Tax experts...
View articleMonths of unrelenting pressure from accountants and industry finally forced the Chancellor to introduce equal claim periods for Customs & Excise a...
View articleJohn Arnold argues that Customs is using a blunderbuss in the VATrepayment issue and playing the 'national interest' card in defence of anunjust polic...
View articleGetting rid of capital gains and inheritance tax may be moreachievable than reductions in income tax by Michael Stern,Conservative MP for Bristol Nort...
View articleA sharp rise in tax receipts during October has given the Chancellor greater scope for cutting taxes in next Tuesday’s Budget. Despite the incre...
View articleA major overhaul of the tax appeals system is urgently needed to clear up the ‘maze of provisions’ baffling taxpayers and practitioners al...
View articleThe Inland Revenue has begun sending out the first statements of account to almost 1.6m taxpayers as part of the move to self-assessment. The statemen...
View articleWith the Budget statement imminent, Jon Bunn asks leading lights ofthe profession to dust off their crystal balls. Read More...
View articleIntroducing a simple tax incentive could result in investment inBritish film production rising by 32%. Read More...
View articleCustoms & Excise has settled a key case against the three-year rule on VAT repayments after a tribunal chairman ruled partially against the Govern...
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