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Eight accountancy institutes worldwide are developing a new international business qualification.
Meanwhile, the business world is digesting the mammoth Finance Bill, which came out on Friday. The government appears to have softened its proposed sharpening of the Inland Revenue’s investigatory powers.
The government has also developed new rules that allow ‘honest’ bankrupts to return to business within six months.
For details and commentary on the raising of the audit threshold this week, visit our special audit threshold area, which brings together details of the change and reaction to it.
Another feature looks at the notorious IR35 clampdown on personal services companies, which came into the effect with the beginning of the tax year last week.