Inland Revenue attempts to simplify the nation’s tax legislation won general approval from accountants last week. But the profession’s tax...
View articleA Budget ‘wish list’ from Coopers & Lybrand calls on the Chancellor to back UK businesses and entrepeneurs. Coopers’ demands are...
View articleA major VAT loophole for telecommunications users and providers will be closed by the European Commission before the end of the year. Alarm bells star...
View articleEurope could be the final battlefield for the three-year rule on VAT repayments after a report commissioned by Deloitte & Touche revealed major le...
View articleThe Inland Revenue has failed to clarify its policy on the operation of the Mutual Agreement Procedure (MAP) under new transfer pricing guidelines iss...
View articlePrivate sector involvement in the Inland Revenue’s tax simplification project must be boosted to make the law rewrite a success, claims the Engl...
View articleCoopers & Lybrand has been forced to completely rethink its strategy on opening a UK law firm following the shock departure of almost the entire t...
View articleThe Government is being urged to launch a 30-year programme to fund its #1,210bn pensions liability and all future pension commitments. The proposal w...
View articleThe Inland Revenue has been defeated in its attempt to limit the scope of tax deductions in the hotel trade following an appeal to the special commiss...
View articleA scheme to avoid paying corporation tax on a $20m (#12.8m) company sale has been outlawed by the Special Commissioners. The commissioners’ deci...
View articleUK companies could significantly reduce their tax bills by re-routing the bulk of their group financing through Dutch holding companies. The law, pass...
View articleThe Inland Revenue has been forced to pay compensation for more than three years of mistakes in computing an individual’s tax liability. The Omb...
View articleExamples of simplified sections of UK tax law have been welcomed by accountants. The Inland Revenue has published drafts of reworked legislation desig...
View articleA former Inland Revenue tax inspector has denied accepting bribes, including cash payments of more than #14,000 and holidays, from two taxpayers. Mich...
View articleCompanies will soon be able to obtain tax and National Insurance forms through their computer systems. Public services minister, Roger Freeman announc...
View articleLabour is considering plans to switch VAT from transactions to turnover for small businesses. The proposals from the Forum of Private Business were br...
View articleButte Mining has narrowly avoided becoming the first company to be taken to court by the Financial Reporting Review Panel, after agreeing to the watch...
View articleThe Inland Revenue’s treatment of employment termination payments is unlikely to change after a subsidiary of the former Thorn EMI group lost a ...
View articleThe market for high-street tax advisers faces its biggest shake-up ever under radical plans for franchised outlets being considered by the Post Office...
View articleNissan UK founder Octav Botnar has agreed to pay #59m to the Inland Revenue in an out-of-court settlement to end civil proceedings against the company...
View articleAccountants have widely condemned an unexpected Government clampdown on share buy-backs and special dividend schemes to exempt tax-payers. The Inland ...
View articleNeville Russell has launched a telephone helpline to aid taxpayers struggling with self-assessment. Callers to Tax Advice by Phone will receive the fi...
View articleThe profit-related pay (PRP) scheme is ‘not achieving its stated objectives’ and should be scrapped, according to The Institute for Fiscal...
View articleLiberal Democrats suggest increased taxes can be popular if the moneyraised is prudently spent. Read More...
View articleThe World Bank has chosen the Scots ICA to run a series of courses for trainee accountants in Russia. The institute is working with the Russian Nation...
View articleBA's Derek Stevens has transformed the way the airline's financedepartment operates. As he tells Leon Hopkins, business acumen andanalytical skills ar...
View articleTaxpayers’ agents are guilty of needlessly whipping up ‘aggro’ with the Inland Revenue and blaming the government department for the...
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