Ian Fleming of Carlisle-based Armstrong Watson & Co, not the James Bond the same name has a cracking story in the latest issue of Tax Adviser.
Fleming reveals that a new kind of tractor, a sort of hot hatch for the farming world, is under scrutiny from the taxman because it goes too fast. Four Tracs may be liable to higher tax bills because, with a top speed of 40mph, the new model is being used for purposes other than the purely agricultural.
Agricultural vehicles are allowed to use rebated petrol; others are not. There are no clear statutes, and tax advisers and farmers are becoming perplexed as to what to do. Fleming says: ‘We need a tribunal.’
Accountancy Age Jobs is delighted to announce the launch of a brand new look website for finance and accountancy professionals
The UK gender pay gap will not close until 2069 unless action is taken to tackle it now, according to new research by Deloitte
Three former Tesco executives, including the former finance director of Tesco UK, have been charged with fraud by the Serious Fraud Office in relation to a £263m accounting scandal at the retailer.
Deloitte chief executive David Sproul is among 11 chief executives to take part in global executive search firm Odgers Berndtson’s CEO for a Day scheme