House of Lords slams ‘inadequate’ HMRC in Finance Bill inquiry
Corporate Tax

House of Lords slams ‘inadequate’ HMRC in Finance Bill inquiry

8y Fraser Simpson

House of Lords slams ‘inadequate’ HMRC in Finance ...

House of Lords Economic Affairs Committee says HMRC needs to communicate impending tax changes to the public more clearly and effectively Read More...

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FRC reveals ‘struggle’ in IASB discussions
Accounting Standards

FRC reveals ‘struggle’ in IASB discussions

10y Naomi Rainey

FRC reveals ‘struggle’ in IASB discussions

Working with international standards body "like pushing water uphill", Haddrill admits Read More...

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MPs to grill FRC over going concern
Politics

MPs to grill FRC over going concern

10y Richard Crump , Writer

MPs to grill FRC over going concern

Sir Win Bischoff and Stephen Haddrill face House of Lords Economic Affairs Committee grilling over going concern Read More...

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Scrapping IR35 all very well – but what else?
Corporate Tax

Scrapping IR35 all very well – but what else?

10y Calum Fuller , Reporter

Scrapping IR35 all very well – but what else?

IR35 has proven ineffective, but 'what are the alternatives?' asks Calum Fuller Read More...

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Calls for IR35 suspension after damning Lords report
Corporate Tax

Calls for IR35 suspension after damning Lords report

10y Calum Fuller , Reporter

Calls for IR35 suspension after damning Lords repo...

Lords report finds HMRC "must justify" IR35's existence Read More...

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HMRC: Firms should be ready to apply LLP rules from April
Accounting Firms

HMRC: Firms should be ready to apply LLP rules from April

10y Calum Fuller , Reporter

HMRC: Firms should be ready to apply LLP rules fro...

HMRC director warns partnerships legislation is imminent Read More...

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New LLP taxation laws will ‘decimate’ capital reserves, Lords told
Accounting Firms

New LLP taxation laws will ‘decimate’ capital reserves, Lords told

10y Calum Fuller , Reporter

New LLP taxation laws will ‘decimate’ capital rese...

Changes to the way partnerships are taxed could cause significant costs for firms, the House of Lords Economic Affairs Committee hears Read More...

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Lords hearing reveals IR35 schism
Personal Tax

Lords hearing reveals IR35 schism

10y Calum Fuller , Reporter

Lords hearing reveals IR35 schism

Panel split on effectiveness of IR35 rule Read More...

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Steer clear of personal service companies, say readers
Personal Tax

Steer clear of personal service companies, say readers

10y Calum Fuller , Reporter

Steer clear of personal service companies, say rea...

The public sector should not engage staff through personal service companies, say Accountancy Age readers Read More...

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Understanding of IR35 rules 'improving', Lords told
Corporate Tax

Understanding of IR35 rules 'improving', Lords told

10y Calum Fuller , Reporter

Understanding of IR35 rules 'improving', Lords tol...

Personal Service Companies Committee told in first sitting that understanding of IR35 rules is increasing Read More...

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House of Lords to investigate personal service companies
Corporate Tax

House of Lords to investigate personal service companies

10y Calum Fuller , Reporter

House of Lords to investigate personal service com...

Newly-formed committee to by led by Baroness Noakes Read More...

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Lords call for fundamental review of corporation tax system
Corporate Tax

Lords call for fundamental review of corporation tax system

11y Calum Fuller , Reporter

Lords call for fundamental review of corporation t...

A fundamental review of the way companies are taxed should be undertaken by the Treasury, says the House of Lords Economic Affairs Committee Read More...

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Banks should introduce extra accounts for regulators
Audit

Banks should introduce extra accounts for regulators

11y Calum Fuller , Reporter

Banks should introduce extra accounts for regulato...

Bank ought to produce an additional set of accounts for regulators, according to Accountancy Age readers Read More...

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Auditors acted as “cheerleaders” for questionable bank reporting
Audit

Auditors acted as “cheerleaders” for questionable bank reporting

11y Richard Crump , Writer

Auditors acted as “cheerleaders” for questionable ...

Parliamentary Commission on Banking Standards recommends that banks be made to create a separate set of accounts for regulators Read More...

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HMRC “must be more aggressive and assertive”, Hodge tells Lords
Corporate Tax

HMRC “must be more aggressive and assertive”, Hodge tells Lords

11y Calum Fuller , Reporter

HMRC “must be more aggressive and assertive”, Hodg...

HMRC must challenge more businesses and tax avoidance schemes more aggressively, according chair of the Public Accounts Committee Margaret Hodge Read ...

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Unitary taxation a “daft” idea, say readers
Corporate Tax

Unitary taxation a “daft” idea, say readers

11y Calum Fuller , Reporter

Unitary taxation a “daft” idea, say readers

Taxing multinationals on a unitary basis is "daft", say Accountancy Age readers Read More...

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Country-by-country reporting “daft”, House of Lords told
Corporate Tax

Country-by-country reporting “daft”, House of Lords told

11y Calum Fuller , Reporter

Country-by-country reporting “daft”, House of Lord...

Country-by-country reporting risks the UK's tax sovereignty, the House of Lords Economic Affairs Committee hears Read More...

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Broader GAAR would cause “uncertainty”, Lords told
Corporate Tax

Broader GAAR would cause “uncertainty”, Lords told

11y Calum Fuller , Reporter

Broader GAAR would cause “uncertainty”, Lords told

Wider GAAR would give HM Revenue & Customs too much discretion the Lords' Economic Affairs and Finance Bill Sub-Committee is told Read More...

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Charge for GAAR clearance system, Lords told
Corporate Tax

Charge for GAAR clearance system, Lords told

11y Calum Fuller , Reporter

Charge for GAAR clearance system, Lords told

Members of the House of Lords Economics and Finance Bill 2013 sub-committee continued their analysis of how successful the GAAR is likely to be Read M...

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GAAR not panacea, Aaronson tells Lords
Corporate Tax

GAAR not panacea, Aaronson tells Lords

11y Calum Fuller , Reporter

GAAR not panacea, Aaronson tells Lords

Graham Aaronson QC, author of the original anti-tax avoidance recommendations, and Malcolm Gammie QC warn Lords that the incoming rule will not be a c...

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Peers warn transaction tax would hit Britain hard
Corporate Tax

Peers warn transaction tax would hit Britain hard

12y Calum Fuller , Reporter

Peers warn transaction tax would hit Britain hard

The House of Lords has expressed worries that the European Commission's proposed financial transactions tax could hit Britain hard Read More...

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Financial tax ‘severe threat’ to City, warns House of Lords
Corporate Tax

Financial tax ‘severe threat’ to City, warns House of Lords

12y Richard Crump , Writer

Financial tax ‘severe threat’ to City, warns House...

Financial transaction tax would force financial institutions to relocate away from the UK Read More...

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FTSE 350 could avoid audit tendering process
Audit

FTSE 350 could avoid audit tendering process

12y Accountancy Age

FTSE 350 could avoid audit tendering process

House of Lords committee meeting hears that FTSE 350 companies could be exempt from mandatory audit rotation Read More...

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Lawson urges tougher audit reforms from Brussels
Audit

Lawson urges tougher audit reforms from Brussels

12y Nick Huber

Lawson urges tougher audit reforms from Brussels

Former chancellor urges European Commission to create rules for auditors Read More...

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EU will answer to Lords on audit market future
Audit

EU will answer to Lords on audit market future

12y Rachael Singh

EU will answer to Lords on audit market future

The House of Lords will grill internal markets commissioner on their proposals for changes to audit Read More...

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Lawson applauds Barnier's audit reform
Audit

Lawson applauds Barnier's audit reform

13y Rose Orlik

Lawson applauds Barnier's audit reform

Lord Lawson welcomes Barnier's audit reform plans, favouring the proposal to split audit and non-audit service provision Read More...

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OFT: Tight-lipped but ready to act?
Audit

OFT: Tight-lipped but ready to act?

13y Rose Orlik

OFT: Tight-lipped but ready to act?

The OFT is keeping its audit inquiry discussions under wraps, but it is clear that change is coming Read More...

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