The government has introduced legislation that would allow non-listed
companies for the first time to prepare and distribute summary accounts to their
shareholders instead of full financial statements.
The rules, which come into force in October, would bring unquoted companies
into line with their listed counterparts, and the government hopes that this
will lighten the financial reporting burdens for smaller companies.
The legislation will also make small financial services companies engaged in
insurance mediation or mortgage advisory activities exempt from a statutory
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements