Stoy Hayward’s Fraudtrack report has found that fraud involving businesses
hit £538m in the first half of 2007, up 42% from 2006.
The firm warned that
business fraud was
becoming more attractive because of growing rewards and falling chances of
The firm noted that VAT fraud was so lucrative that criminals only needed to
hide away a few percent when they got caught.
‘Many fraudsters are laughing all the way to their offshore tax haven,’ said
BDO’s Simon Bevan.
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