The government has refused requests from businesses to water down a
controversial new requirement to publish their dealings with suppliers in their
The bill, which has 655 government amendments, has already been debated in
the Commons and is due to begin its passage through the Lords this week.
CBI has pressed for government to withdraw the requirement to
publish dealings with suppliers.
Hodge, however, is not prepared to back down.
‘We have clarified again the intent of this particular provision and to put
it beyond doubt we will clarify it again when the clause is discussed in the
Lords. We think this is a marginal cost to companies, which will have improved
transparency and accounting. I hope I will be able to reassure them that this is
proportionate and sensible and that the best companies are doing this anyway,’
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