The European Parliament’s key budgetary control committee has recommended
that the Commission’s 2004 accounts be discharged, allowing a formal approval on
April 27 by all MEPs. The committee, however, called for continued improvements
to often-criticised European Union accounting controls, requesting ‘better
management of EU funds…jointly managed by the commission and the member states’.
This has been a common complaint of EU anti-fraud Commissioner Siim Kallas
who wants more openness by governments about the recipients of EU funds under
national management. As a result, the committee has proposed that ‘national
management declarations’ are introduced for shared-management programme
accounts, signed by the relevant member state agencies and ministries.
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy
A senior MP has questioned the impact of HMRC’s decision to undertake yet another radical overhaul of its internal structure
The Apple Tax situation; Accountants replaced by robots; and The Accountancy Age Top 50+50; all discussed by head of editorial Kevin Reed