Revenue recognition lacks consistency
Corporate Tax

Revenue recognition lacks consistency

22y Michelle Perry , Writer

Revenue recognition lacks consistency

Revenue recognition is in a state of flux with a severe lack of consistency in accounting policies, according to monthly financial reporting monitor C...

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Questions & Answers on CGT exemption
Corporate Tax

Questions & Answers on CGT exemption

22y rumo , Writer

Questions & Answers on CGT exemption

Frank Haskew of the ICAEW's tax facutly answers questions on the new CGT exemption for substantial shareholdings. Read More...

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Customs to become less confrontational
Corporate Tax

Customs to become less confrontational

22y Alex Miller.

Customs to become less confrontational

Customs and Excise has today announced a series of less confrontational procedures for investigating a number of VAT civil evasion cases - with the me...

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Brown breaks Budget tradition again
Corporate Tax

Brown breaks Budget tradition again

22y Alex Miller.

Brown breaks Budget tradition again

Chancellor Gordon Brown has today effectively broken down the Budget into three component parts after announcing the second of two unprecedented annou...

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Customs to pay over zoo VAT
Corporate Tax

Customs to pay over zoo VAT

22y Alex Miller.

Customs to pay over zoo VAT

Customs & Excise is facing an estimated bill approaching £50m after a European Court of Justice ruling found that UK zoos will not have to pay VAT on ...

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Tax exemptions revealed in 'early budget'
Corporate Tax

Tax exemptions revealed in 'early budget'

22y Gavin Hinks , Writer

Tax exemptions revealed in 'early budget'

One of the main changes following today's shock business budget announcement by the Treasury, will be a tax exemption for gains and losses on substant...

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Chancellor springs business tax surprise
Corporate Tax

Chancellor springs business tax surprise

22y Alex Miller.

Chancellor springs business tax surprise

In an unprecedented move, chancellor Gordon Brown has today sprung a major surprise by announcing tax cuts for business three weeks ahead of the 17 Ap...

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VAT increase could cost charities £100m
Corporate Tax

VAT increase could cost charities £100m

22y Adriana Zea , Contributor

VAT increase could cost charities £100m

An increase in VAT, which many believe Gordon Brown will announce in his Budget speech on 7 April, could cost charities millions of pounds per year, a...

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Bahamas and OECD in tax agreement
Corporate Tax

Bahamas and OECD in tax agreement

22y Damian Wild , Reporter

Bahamas and OECD in tax agreement

The Bahamas today reached an agreement with the Organisation for Economic Cooperation and Development relating to the organisation's global crackdown ...

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Freeserve takes on Customs VAT rule
Corporate Tax

Freeserve takes on Customs VAT rule

22y Philip Smith.

Freeserve takes on Customs VAT rule

Freeserve, the UK's largest internet service provider is taking Customs & Excise to court over its long-running VAT battle with arch rival AOL. Read M...

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Brown pledges on business tax
Corporate Tax

Brown pledges on business tax

22y Philip Smith.

Brown pledges on business tax

Gordon Brown has today attempted to woo back the business vote by promising cuts in capital gains tax in his next Budget. Read More...

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Momentum builds for OECD tax reforms
Corporate Tax

Momentum builds for OECD tax reforms

22y Larry Schlesinger , Writer

Momentum builds for OECD tax reforms

The Organisation for Economic Cooperation and Development's crusade to reform offshore tax havens has been given another boost with the news that the ...

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Digital VAT plans are 'tax dodgers' charter'
Corporate Tax

Digital VAT plans are 'tax dodgers' charter'

22y Accountancy Age

Digital VAT plans are 'tax dodgers' charter'

Plans for offshore and overseas companies to be required to collect and forward VAT on digitised products they supply to customers in EU member states...

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Trade union attacks Brown over pensions tax
Corporate Tax

Trade union attacks Brown over pensions tax

22y AccountancyAge.com

Trade union attacks Brown over pensions tax

Pressure is mounting on chancellor Gordon Brown to scrap the £5bn stealth tax levied annually on occupational pension schemes. Read More...

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Europe to agree on e-commerce VAT
Corporate Tax

Europe to agree on e-commerce VAT

22y our parliamentary staff

Europe to agree on e-commerce VAT

A Europe-wide agreement on value-added tax levied on e-commerce is imminent, according to chancellor Gordon Brown. Read More...

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EU under pressure over VAT on e-publishing
Corporate Tax

EU under pressure over VAT on e-publishing

22y Larry Schlesinger , Writer

EU under pressure over VAT on e-publishing

Dutch group Reed Elsevier, is leading the call from educational publishers for the European Union to make sales of electronic information VAT free. Re...

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E&Y appoints new head of tax
Corporate Tax

E&Y appoints new head of tax

22y Larry Schlesinger , Writer

E&Y appoints new head of tax

Big Five firm Ernst & Young has appointed Aidan O'Carroll as its new national head of tax. Read More...

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Jersey faces sanctions over tax compliance
Corporate Tax

Jersey faces sanctions over tax compliance

22y Larry Schlesinger , Writer

Jersey faces sanctions over tax compliance

The crown dependency of Jersey is facing the threat of sanctions if it does not act to bring its financial systems in line with guidelines set out by ...

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Self to leave E&Y
Corporate Tax

Self to leave E&Y

22y Accountancy Age

Self to leave E&Y

Heather Self, deputy president of the Chartered Institute of Taxation, has given up her post as a partner with Ernst & Young to join Scottish Powe...

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Billions lost through tobacco scams
Corporate Tax

Billions lost through tobacco scams

22y Philip Smith.

Billions lost through tobacco scams

The government is losing up to £3.5bn a year through tobacco smuggling, part of an estimated £7.3bn lost through VAT fraud revealed in Customs & E...

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Aggregates tax faces High Court challenge
Corporate Tax

Aggregates tax faces High Court challenge

22y our parliamentary staff

Aggregates tax faces High Court challenge

The British Aggregates Association has launched a legal challenge in the High Court against the government's plans to introduce an aggregates tax at £...

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Chancellor attacked over green tax policy
Corporate Tax

Chancellor attacked over green tax policy

22y our parliamentary staff

Chancellor attacked over green tax policy

Chancellor Gordon Brown in under new attack for failing to adopt 'a more imaginative and creative approach' towards green taxes. Read More...

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The Marks & Spencer VAT ruling
Corporate Tax

The Marks & Spencer VAT ruling

22y Accountancy Age

The Marks & Spencer VAT ruling

The advocate general in the Marks & Spencer case before the European Court of Justice recently gave his opinion that the UK's 'three-year cap' on ...

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P&O shareholders in tax scare
Corporate Tax

P&O shareholders in tax scare

22y Adriana Zea , Contributor

P&O shareholders in tax scare

P&O Princess Cruises has rejected claims that the dual-listing structure in its proposed merger with Royal Caribbean Cruises would result in the l...

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KPMG snatches Accenture audit from PwC
Corporate Tax

KPMG snatches Accenture audit from PwC

22y Philip Smith.

KPMG snatches Accenture audit from PwC

Accenture has handed its global audit to KPMG after PricewaterhouseCoopers was forced to stand down because it had failed to offload its consultancy a...

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ICAS calls for simplified R&D tax credit
Corporate Tax

ICAS calls for simplified R&D tax credit

22y Michelle Perry , Writer

ICAS calls for simplified R&D tax credit

ICAS today urged the government to ensure simplicity in Treasury proposals for a new tax credit for research and development at large companies. Read ...

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New tax credit will help fight disease
Corporate Tax

New tax credit will help fight disease

22y our parliamentary staff

New tax credit will help fight disease

Chancellor Gordon Brown is set to announce a new tax credit to encourage companies to undertake research to combat diseases hitting the developing wor...

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