Friday Afternoon Live: Deloitte's tech thing; PAC wants HMRC 'contingencies'; and Sports Direct
Business Regulation

Friday Afternoon Live: Deloitte's tech thing; PAC wants HMRC 'contingencies...

10y Kevin Reed , Writer

Friday Afternoon Live: Deloitte's tech thing; PAC ...

Accountancy Age's pub video magazine extravaganza includes Deloitte on the hunt for tech; the PAC dishing out more woe for HMRC; and Sports Direct's t...

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E-books reduced VAT proposals “may not benefit” UK consumers
Business Regulation

E-books reduced VAT proposals “may not benefit” UK consumers

10y Stephanie Wix , Writer

E-books reduced VAT proposals “may not benefit” UK...

The UK consumers “may not benefit” from the European Commission’s proposals on e-books Read More...

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Finance Bill 2017: Corporate tax reporting requirements 'a burden'
Business Regulation

Finance Bill 2017: Corporate tax reporting requirements 'a burden'

10y Stephanie Wix , Writer

Finance Bill 2017: Corporate tax reporting require...

Companies must report on their complex financial structures including offshore accounts and notify HMRC Read More...

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PAC raises “serious concerns” about HMRC’s digital plans
Corporate Tax

PAC raises “serious concerns” about HMRC’s digital plans

10y Stephanie Wix , Writer

PAC raises “serious concerns” about HMRC’s digital...

An examination by the Public Accounts Committee (PAC) has revealed serious concerns relating to HMRC’s plans Read More...

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"Not enough time" to implement MTD by 2018, says Tyrie
Corporate Tax

"Not enough time" to implement MTD by 2018, says Tyrie

10y Stephanie Wix , Writer

"Not enough time" to implement MTD by 2018, says T...

Andrew Tyrie suggests there will not be enough time to implement Making Tax Digital (MTD) by April 2018 Read More...

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ACCA announces partnership with RD Tax Solutions
Accounting Standards

ACCA announces partnership with RD Tax Solutions

10y Stephanie Wix , Writer

ACCA announces partnership with RD Tax Solutions

The ACCA has announced a partnership with UK research and development tax reclaim specialist RD Tax Solutions Read More...

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Disputed 'transfer pricing' tax up 60% to £3.8bn
Company News

Disputed 'transfer pricing' tax up 60% to £3.8bn

10y Stephanie Wix , Writer

Disputed 'transfer pricing' tax up 60% to £3.8bn

The tax HMRC expects is underpaid by large companies through “transfer pricing” has risen by 60% Read More...

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Autumn Statement: MTD followup in New Year, frustrating some advisers
Accounting Software

Autumn Statement: MTD followup in New Year, frustrating some advisers

10y Stephanie Wix , Writer

Autumn Statement: MTD followup in New Year, frustr...

Making Tax Digital responses to the consultations expected in January 2017 Read More...

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Autumn Statement: "No hope" for the future, says shadow chancellor
Corporate Finance

Autumn Statement: "No hope" for the future, says shadow chancellor

10y Stephanie Wix , Writer

Autumn Statement: "No hope" for the future, says s...

The last six years offer “no hope” for the future, said John McDonnell in response to chancellor Philip Hammond's Autumn Statement Read More...

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Autumn Statement: “Consistency” in the light of Brexit
Corporate Finance

Autumn Statement: “Consistency” in the light of Brexit

10y Stephanie Wix , Writer

Autumn Statement: “Consistency” in the light of Br...

With the Autumn statement imminent, the chancellor is expected to keep “consistency” due to the uncertainty looming over Brexit Read More...

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Autumn Statement 2016: Higher taxes for a simplified system, say businesses
Corporate Tax

Autumn Statement 2016: Higher taxes for a simplified system, say businesses

10y Stephanie Wix , Writer

Autumn Statement 2016: Higher taxes for a simplifi...

Businesses are willing to see their tax bills rise in support of a less complex tax system, according to research from the firm BDO Read More...

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Friday Afternoon Live: HMRC complaints rise; Deloitte scoops big audits; and corporate reporting woes
Audit

Friday Afternoon Live: HMRC complaints rise; Deloitte scoops big audits; an...

10y Kevin Reed , Writer

Friday Afternoon Live: HMRC complaints rise; Deloi...

HMRC receives highest number of complaints in seven years; Deloitte scoops BP and Centrica audits; and corporate reporting under the microscope in our...

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HMRC complaints reach highest level in seven years
Corporate Finance

HMRC complaints reach highest level in seven years

10y Stephanie Wix , Writer

HMRC complaints reach highest level in seven years

The number of complaints received by HMRC have reached their highest number since the global financial crisis Read More...

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Crooked accountant hijacked NHS identities in tax fraud
Governance

Crooked accountant hijacked NHS identities in tax fraud

10y Stephanie Wix , Writer

Crooked accountant hijacked NHS identities in tax ...

Accountant Sharjeel Iqbal, who attempted to hijack £40,277 in tax fraud from NHS identities, has been jailed Read More...

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Analysis: Q3 statistics show Brexit insolvency rise and 'shadowy' behaviour
Business Regulation

Analysis: Q3 statistics show Brexit insolvency rise and 'shadowy' behaviour

10y Stephanie Wix , Writer

Analysis: Q3 statistics show Brexit insolvency ris...

Brexit, and some directors looking to shut down their companies without further recourse, have contributed to the current insolvency landscape, invest...

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Capital gains tax jumps 24.6% as south-east house prices tick up
Governance

Capital gains tax jumps 24.6% as south-east house prices tick up

10y Stephanie Wix , Writer

Capital gains tax jumps 24.6% as south-east house ...

The Capital Gains Tax taken from individuals has jumped 24.6% in the last year to £6.9bn Read More...

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MTD described as ‘insufficient’ and ‘unrealistic’ via major institute research
Corporate Tax

MTD described as ‘insufficient’ and ‘unrealistic’ via major institute resea...

10y Stephanie Wix , Writer

MTD described as ‘insufficient’ and ‘unrealistic’ ...

Accountants continue to pile pressure on HMRC to backtrack on its proposals for Making Tax Digital - with the consultation period set to end Read More...

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Making Tax Digital deadline is ‘unachievable’
Corporate Tax

Making Tax Digital deadline is ‘unachievable’

10y Stephanie Wix , Writer

Making Tax Digital deadline is ‘unachievable’

The deadline set by HMRC for the digitalisation of tax is ‘unachievable’ according 76% of tax professionals in a survey revealed by Brewer Morris Rea...

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'Innocent' companies will be hit by tough HMRC anti-fraud powers
Corporate Tax

'Innocent' companies will be hit by tough HMRC anti-fraud powers

10y Stephanie Wix , Writer

'Innocent' companies will be hit by tough HMRC ant...

Civil penalties could hit companies unwittingly involved in VAT fraud, warns UHY Hacker Young Read More...

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'Clear' tax avoidance guidance for advisers issued by institutes
Accounting Standards

'Clear' tax avoidance guidance for advisers issued by institutes

10y Stephanie Wix , Writer

'Clear' tax avoidance guidance for advisers issued...

Updated guidance on the standards expected of tax advisers and agents have been published by leading UK accountancy and tax bodies Read More...

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£6.9m tax fraud puts accountant, payroll head and director in prison
Tax Avoidance

£6.9m tax fraud puts accountant, payroll head and director in prison

10y Stephanie Wix , Writer

£6.9m tax fraud puts accountant, payroll head and ...

£6.9m tax fraud committed in the UK has seen three businessmen jailed for a total of 19 years Read More...

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Record funds raised from tax relief schemes
Company News

Record funds raised from tax relief schemes

10y Stephanie Wix , Writer

Record funds raised from tax relief schemes

Nearly £1.8bn in funds have been raised by smaller companies under the EIS and SEIS tax relief schemes, a record figure Read More...

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HMRC and Concentrix discuss ‘early exit’ as NAO launches inquiry
Personal Tax

HMRC and Concentrix discuss ‘early exit’ as NAO launches inquiry

10y Andrew Goodall

HMRC and Concentrix discuss ‘early exit’ as NAO la...

Taxman lines up early exit from doomed Concentrix tax credits deal, as HMRC faces intense scrutiny from MPs Read More...

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MTD - yes please, but with major caveats
Accounting Software

MTD - yes please, but with major caveats

10y Accountancy Age

MTD - yes please, but with major caveats

The drive towards a fully digital tax regime is an admirable one, but mandation is simply wrong, according to one of the UK's most senior tax technolo...

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HMRC criticised for expanding ‘unused’ power base
Governance

HMRC criticised for expanding ‘unused’ power base

10y Stephanie Wix , Writer

HMRC criticised for expanding ‘unused’ power base

Further powers are being sought by HMRC, but it is ‘failing’ to use those it already has, such as Conduct Notices, says RPC Read More...

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Friday Afternoon Live: HMRC's confidentiality breach; EY partner profits fall
Accounting Firms

Friday Afternoon Live: HMRC's confidentiality breach; EY partner profits fa...

10y Kevin Reed , Writer

Friday Afternoon Live: HMRC's confidentiality brea...

HMRC breaches client confidentiality; and partner profits fall at EY. These stories and more discussed in Friday Afternoon Live Read More...

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UK tax gap falls to 6.5% as HMRC targets dishonest minority
Corporate Tax

UK tax gap falls to 6.5% as HMRC targets dishonest minority

10y Stephanie Wix , Writer

UK tax gap falls to 6.5% as HMRC targets dishonest...

The UK tax gap fell in 2014-15 to its lowest-ever level of 6.5%, revealed official statistics published today Read More...

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