Tax bodies

ICAEW flag

Estate and will services set for reserved legal activity status

Estate administration and will services should become reserved legal activities, potentially affecting advisors

28 Sep 2012

hmrc-entrance

Serious tax evasion cases down by more than a fifth

Recorded number of serious tax evasion cases drops 23%

25 Sep 2012

HM Revenue and Customs

Keep taxman away from tax scheme panel, says CIoT

HMRC should not have representation on a GAAR advisory panel, warns the CIoT and ATT

18 Sep 2012

IT helps HMRC recover £26m in IHT

Latest software allows HMRC to crack down on inheritance tax avoiders and sparks further debate on evasion

14 Sep 2012

HMRC reaches strike truce with union

Strike action scheduled to take place this week has been called off after negotiations between the taxman and the PCS

06 Sep 2012

Scottish parliament to discuss tax powers

Scottish parliament to scrutinise tax powers devolved from Westminster when its Finance Committee convenes today

05 Sep 2012

Taxman releases tax most wanted list

HMRC releases a list of its 20 most wanted tax offenders, believed to be in hiding abroad

16 Aug 2012

NAO to report on taxman’s customer service performance

The National Audit Office will report on the standard of the taxman's customer services

15 Aug 2012

Ex-ATT president pleads not guilty to £5m fraud

Former ATT president Andrew Meeson has pleaded not guilty to charges his company defrauded HM Revenue & Customs by more than £5m through a “fictitious” pension scheme

03 Aug 2012

CIoT and IIT complete merger

After both institutions voted for a merger in May, the CIoT and Institute of Indirect Taxation complete the move

02 Aug 2012

Scrap the annual Budget, says ICAS

Scottish institute says an annual Budget causes a short-term approach from government

17 Jul 2012

Devolving Scottish tax likely to be "expensive and complicated"

ICAEW warns that there would be many issues to resolve to create a separate Scottish tax system

16 Jul 2012

HMRC workers in strike over cuts

Members of the Public and Commercial Services union take industrial action over proposed jobs cuts and privatisation

25 Jun 2012

Colin: Revenue taking the high road?

Scotland's revenuelution

11 Jun 2012

Revenue Scotland: Sleek simplicity would not stop complexity

Scotland wants a new tax agency that is 'digital' and sleek. But advisors fear more red tape and complexity for them and their clients

08 Jun 2012

Scotland to set up its own Revenue

The Scottish government is to set up its own tax agency called Revenue Scotland by 2015

07 Jun 2012

HMRC workers vote for strike

More than half of revenue staff polled have voted for industrial action

07 Jun 2012

CIoT and IIT to merge

The Chartered Institute of Taxation and Institute of Indirect Taxation announce they are to merge

29 May 2012

Revenue defends tax gap calculation

The taxman has defended its tax gap figures, branding alternative calculations "misleading"

22 May 2012

Tax helpline set up for bereaved

As part of a wider project to improve HMRC's services, a helpline for people suffering bereavement has been set up in Cardiff

21 May 2012

Page 3 of 95

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This web seminar will explain how finance directors can monitor and understand the various financial costs of staff turnover

The Practitioner: Pruning clients, growing staff numbers

Not so easy come easy go for the Practitioner, as a troublesome client is finally given the heave-ho, but a new staff member is welcomed on board

Are ethics and profits mutually exclusive?

The markets crave trust, and business must be more proactive in its delivery

ABS: Will you be taking on too much?

While alternative business structures (ABSs) might benefit some accountancy firms, others could be in danger of overstepping their capabilities

p13-fraud

Internal auditors must up game over new anti-corruption rules

Government's more onerous anti-corruption plan means internal auditors must up their game

Colin: Audit losses go down badly

Colin imagines KPMG's reaction to losing Diageo audit

Colin: Deloitte redeems Gherkin

Colin speculates on what changes might take place at 30 St Mary Axe under the new Brazilian ownership

Taking Stock: Netsuite Twitter-trolls Sage CEO on first day

Sage and Netsuite chief executives engage in boisterous Twitter exchange

Share Price Centre

Track the fortunes of UK-listed companies with our Share Price Centre

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Professional Indemnity insurance tailored to the needs of small- to medium-sized practices

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Conservatoire for Dance and Drama, London, Permanent, Part Time, £60,000 pro rata

 

 

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Why budgeting fails: One management system is not enough

If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.

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iXBRL: Taking stock. Looking forward

In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.