EU commissioner Siim Kallas has said he is ‘optimistic’ that member states
will produce statements of assurance on their spending of EU money.
Only four member states have shown a willingness to produce the statements
that EU officials believe are key to producing a clean bill of health for the
Speaking to the European Parliament’s committee on budgetary control, Kallas
said: ‘I am quite sure member states will provide these annual summaries. I am
Others were more sceptical about the moves. Though the UK has taken the
initiative in pledging to produce such a statement, other member states,
including Germany and France, have not been so keen.
EU officials have been urging governments to provide the statements on the
money they spend from the common agricultural policy and the structural fund;
accounting for 80% of EU spending. Officials believe the Union’s budgetary
problems stem from inadequate controls at the member state level.
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy
A senior MP has questioned the impact of HMRC’s decision to undertake yet another radical overhaul of its internal structure
The Apple Tax situation; Accountants replaced by robots; and The Accountancy Age Top 50+50; all discussed by head of editorial Kevin Reed