The body has been proposed by the Dial’s Public Accounts Committee after it undertook hearings into the widespread evasion of Deposit Interest Retention Tax(DIRT) using bogus non-resident accounts.
A further 80 recommendations have also be presented including tighter controls in relations between accountants and the companies which they audit.
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.
Kevin Reed discusses whether new accountancy group Cogital can rival the Big Four...and its likely direction of travel