Shareholders for FTSE100 fund management company Amvescap almost forced an
embarrassing defeat for its plans to hand out a £5m ‘golden goodbye’ to chairman
The resolution for the payout narrowly went through yesterday at the
company’s AGM, by 51.6% to 48.4%.
The reward, for steering the company through difficult times, had caused
concern among shareholder lobby groups the Association of British Insurers and
the National Association of Pension Funds, reported The Times.
Smaller businesses could be excluded from government plans for making business transactions digital, found new research from ICAEW
Further powers are being sought by HMRC, but it is ‘failing’ to use those it already has, such as Conduct Notices, says RPC
HMRC breaches client confidentiality; and partner profits fall at EY. These stories and more discussed in Friday Afternoon Live
Does Darwin's theory apply to taxation? Colin ponders...