Her father, Ron Minogue, a qualified accountant who handles her business affairs, has asked Companies House for more time to prepare the accounts of Darenote Ltd, the company set up to manage the millions generated from Kylie’s highly successful pop career, the Daily Mirror reported.
Accounts for Darenote are already eight months late but Ron Minogue has invoked a law that gives extra time to businesses that trade overseas.
To date Darenote has been fined a paltry £500, hardly a sum likely to cause the Aussie pop princess to break into a sweat since her personal fortune is estimated in the millions of pounds.
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