Friday Afternoon Live: KPMG and Deloitte audit troubles, Panama Papers and ICAEW news
Accounting Firms

Friday Afternoon Live: KPMG and Deloitte audit troubles, Panama Papers and ...

8y Fraser Simpson , Reporter

Friday Afternoon Live: KPMG and Deloitte audit tro...

Kevin Reed explores stories coming from KPMG, Deloitte, the Panama Papers and Kev's ICAEW travels Read More...

View article
European inquiry into Panama Papers receives go-ahead
Administration

European inquiry into Panama Papers receives go-ahead

8y Fraser Simpson , Reporter

European inquiry into Panama Papers receives go-ah...

The European Parliament has given the green light on an EU investigation into the Panama Papers Read More...

View article
Panama Papers saga rages on as leaked documents surface
Corporate Finance

Panama Papers saga rages on as leaked documents surface

8y Fraser Simpson , Reporter

Panama Papers saga rages on as leaked documents su...

Portion of stolen law firm files revealed to the public, days before world leaders meet to tackle financial corruption Read More...

View article
UK has ‘vital role to play’ in beating tax evasion, declares Panama Papers whistleblower
Corporate Tax

UK has ‘vital role to play’ in beating tax evasion, declares Panama Papers ...

8y Fraser Simpson , Reporter

UK has ‘vital role to play’ in beating tax evasion...

Panama Papers anonymous whistleblower 'John Doe' reaches out to government authorities, and has called on global powers to 'end financial secrecy' Rea...

View article
CIoT welcomes government’s 'joined-up' Panama Papers investigation
Accounting Standards

CIoT welcomes government’s 'joined-up' Panama Papers investigation

8y Fraser Simpson , Reporter

CIoT welcomes government’s 'joined-up' Panama Pape...

Taxation body welcomes departmental investigation into Panama Papers, but questions government’s approach to clampdown on corporate tax evasion Read M...

View article
Friday Afternoon Live: Panama Papers and Young Professionals Day
Administration

Friday Afternoon Live: Panama Papers and Young Professionals Day

8y Calum Fuller , Reporter

Friday Afternoon Live: Panama Papers and Young Pro...

Kevin Reed talks Panama and the 35 Under 35. Read More...

View article
Colin: Panama Papers leak, anonymity regained?
Administration

Colin: Panama Papers leak, anonymity regained?

8y Idris Nagri

Colin: Panama Papers leak, anonymity regained?

Colin thinks a new fashion trend will emerge following the Panama Papers leak Read More...

View article
EU parliament to launch tax inquiry in the wake of the Paradise Papers
Legal

EU parliament to launch tax inquiry in the wake of the Paradise Papers

6y Idris Nagri

EU parliament to launch tax inquiry in the wake of...

The committee's remit will cover EU VAT fraud, non-dom rules and the EU tax haven black list Read More...

View article
Paradise Papers: The role of the accountant
HMRC

Paradise Papers: The role of the accountant

6y Idris Nagri

Paradise Papers: The role of the accountant

The leaks have reignited a public debate about the structures that permit tax avoidance and the professionals complicit in creating them Read More...

View article
Why HMRC will struggle to gain convictions from the Panama data leak
Administration

Why HMRC will struggle to gain convictions from the Panama data leak

8y Fraser Simpson , Reporter

Why HMRC will struggle to gain convictions from th...

Accountancy Age analyses the stumbling blocks that the taxman will encounter as it looks to claw back evaded tax following the Panama papers leak Read...

View article
‘Profound concerns’ over HMRC’s data handling: Advisers react to Panama leak
Administration

‘Profound concerns’ over HMRC’s data handling: Advisers react to Panama lea...

8y Fraser Simpson , Reporter

‘Profound concerns’ over HMRC’s data handling: Adv...

Tax experts give their verdict on the Mossack Fonseca scandal, with opinion spilt over whether HMRC will jump into action and bring evaders to justice...

View article
Panama data leak uncovers global tax havens of rich and powerful
Administration

Panama data leak uncovers global tax havens of rich and powerful

8y Fraser Simpson , Reporter

Panama data leak uncovers global tax havens of ric...

Over 11 million leaked documents from Panama law firm uncover how global elite use offshore systems to hide their millions Read More...

View article
Cameron to announce new corporate offence for tax evasion
Administration

Cameron to announce new corporate offence for tax evasion

8y Fraser Simpson , Reporter

Cameron to announce new corporate offence for tax ...

Prime minister set to make announcement on companies which encourage tax evasion, while he launches joint taskforce with HMRC to deal with Panama Pape...

View article
HMRC’s yield from investigations into wealthy individuals hits record
Personal Tax

HMRC’s yield from investigations into wealthy individuals hits record

5y Leanna Reeves

HMRC’s yield from investigations into wealthy indi...

HMRC has experienced an increase in its revenue due to further investigations in the year 2018/19. Read More...

View article
HMRC took over £500 million from British taxpayers with offshore interests
Tax

HMRC took over £500 million from British taxpayers with offshore interests

5y Tom Lemmon

HMRC took over £500 million from British taxpayers...

HMRC netted £560m from investigations into British taxpayers with offshore assets and income last year. This was the first time the total exceed £500m...

View article
The 5th Money Laundering Directive: mandating electronic verification
Corporate Governance

The 5th Money Laundering Directive: mandating electronic verification

5y Martin Cheek

The 5th Money Laundering Directive: mandating elec...

The UK is one of the most targeted nations in the world for money launderers. Martin Cheek, MD of SmartSearch, says electronic verification, mandated ...

View article
Failure to prevent the facilitation of tax evasion – how can accountancy firms manage risk?
Tax

Failure to prevent the facilitation of tax evasion – how can accountancy fi...

6y Laura Mason

Failure to prevent the facilitation of tax evasion...

The Criminal Finances Act 2017 creates two offences covering both domestic and foreign tax evasion. What do accountancy firms need to know? Read More...

View article
Top 5 highlights of 2017
Brexit & Economy

Top 5 highlights of 2017

6y Idris Nagri

Top 5 highlights of 2017

2017 had no shortage of excitement– with two Budgets, a snap general election and ongoing Brexit negotiations. Here we round up the top 5 highlights o...

View article
HMRC tax evasion assistance requests double in five years
Corporate Tax

HMRC tax evasion assistance requests double in five years

7y Idris Nagri

HMRC tax evasion assistance requests double in fiv...

In 2012, HMRC made 591 requests to foreign governments. In 2016, this number stood at 1096, a 7% increase on 1025 requests made in 2015 Read More...

View article
Tax fraud loses HMRC £16bn
Corporate Tax

Tax fraud loses HMRC £16bn

7y Idris Nagri

Tax fraud loses HMRC £16bn

A total of £16bn was lost through tax fraud last year, according to estimates released by Pinsent Masons Read More...

View article
HW Fisher joins forces with Rhodes & Rhodes
Accounting Firms

HW Fisher joins forces with Rhodes & Rhodes

7y Stephanie Wix , Writer

HW Fisher joins forces with Rhodes & Rhodes

Top 25 firm HW Fisher & Co has acquired London firm Rhodes & Rhodes Read More...

View article
Tax avoidance crackdown sees 80% jump in additional HMRC revenue
Accounting Firms

Tax avoidance crackdown sees 80% jump in additional HMRC revenue

7y Stephanie Wix , Writer

Tax avoidance crackdown sees 80% jump in additiona...

An 80% increase in additional revenue for HMRC coincides with a crackdown on income tax avoidance Read More...

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

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

7y 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...

View article
EC plans new measures to improve tax transparency
Corporate Tax

EC plans new measures to improve tax transparency

8y Richard Crump , Writer

EC plans new measures to improve tax transparency

The European Commission said it will examine how to shed more light on tax advisers' activities and create effective disincentives for those that prom...

View article
UK votes to leave EU – accountancy profession reacts
Accounting Firms

UK votes to leave EU – accountancy profession reacts

8y Fraser Simpson , Reporter

UK votes to leave EU – accountancy profession reac...

The accountancy world has reacted to the news that the UK has voted to leave the EU Read More...

View article
European Commission close to anti-tax avoidance package
Administration

European Commission close to anti-tax avoidance package

8y Fraser Simpson , Reporter

European Commission close to anti-tax avoidance pa...

European Commission is one step closer to a wide-reaching anti-tax avoidance package Read More...

View article
Jump in serious tax evasion cases for HMRC
Corporate Tax

Jump in serious tax evasion cases for HMRC

8y Fraser Simpson , Reporter

Jump in serious tax evasion cases for HMRC

HMRC referred 3,000 suspected instances of tax evasion for specialist investigation between 2015/16, Pinsent Masons has revealed Read More...

View article
‘Significant recovery’ for HMRC customer service, claims boss Thompson
Administration

‘Significant recovery’ for HMRC customer service, claims boss Thompson

8y Fraser Simpson , Reporter

‘Significant recovery’ for HMRC customer service, ...

HMRC's new leader claims that customer service levels are on the up Read More...

View article