Reports have emerged that software seller Sage Group is planning job cuts,
according to the Financial Times. It is the only company among its
peers that has not yet embarked on a cost cutting program.
Deutsche Bank, Sage’s house broker, is predicting a restructure sometime
during 2009. It estimates that Sage might be able to cut up to 455 staff, or
three per cent of its total, at an exceptional cost of £18m.
Sage would then have to recover 60-70% of its restructuring costs in order to
meet its stated forecasts.
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
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
Colin responds to the call for 'Darwinism' in accountancy
Does Darwin's theory apply to taxation? Colin ponders...