According to The Observer, sources at the Revenue claim that recent efforts to close tax loopholes – which were timed to coincide with January’s round of bonuses – have been a success.
The Revenue has had to contend with much speculation in recent times over just how much tax is avoided by high-net-worth individuals.
City bonuses were allegedly worth about £1.5bn last year.
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.