The stamp of honour in Italy took a dramatic turn this week following a massive backdated tax payout by Luciano Pavarotti. Pavarotti, who was forced to pay 25bn lire (#8m) to Italy’s tax office, said it was not a punishment because he was an ‘honourable Italian citizen’. TS asks whether Italy’s mark of honour – the embedded rule of silence – will now become whether you’ve paid your taxes. ?:
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.