The delay was caused by the discovery of accounting irregularities by UKIP
treasurer and anti-ICAEW merger campaigner Bruce Lawson.
Donations totalling £118,000 failed to go through UKIP’s books, a move which
led Lawson to declare that he would step down if he discovered any more
accounting issues at the party. Speaking exclusively to Accountancy
Age, Lawson said the commission had placed details of a donation on its
website that Lawson had no record of in the books. ‘I went to the committee and
said if this ever happens again I’ll quit. In the course of finalising the 2005
accounts with the auditors it was sorted and solved.’
Making Tax Digital will impose significant additional tax compliance costs on small businesses for little or no medium term benefit, tax and small business experts told MPs
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
The drive towards a fully digital tax regime is an admirable one, but mandation is simply wrong, according to one of the UK's most senior tax technology practitioners - Paul Aplin
Does Darwin's theory apply to taxation? Colin ponders...