A profit and loss statement and balance sheet drawn up for ‘UK Ltd’ by Big Six firm KPMG shows UK owner-managed businesses to be ‘fl...
View articleAnxious technical directors of the Inland Revenue’s self-assessment project breathed a huge sigh of relief last week as the first tax return ele...
View articleA wrangle between Customs & Excise and the owners of a spot-the-ball competition over the amount of VAT chargeable on the game’s turnover ha...
View articleTwo-thirds of finance directors believe the Inland Revenue should declare an amnesty on penalties for late filing of tax returns for the first two yea...
View articleAfter a delay of nearly a year, a VAT tribunal last week finally threw out a claim by the Co-operative Insurance Society that it should be able to rec...
View articleLast week’s General Election proved to be dismal for MPs from the accountancy profession. Only five are going to be walking through the corridor...
View articleCoopers & Lybrand taxman Michael Economou goes west on secondment tothe British consulate in Chicago. He explains how such assignments arewin-win-...
View articleAllied Carpets suffered a defeat at a VAT tribunal last month which saw the company fail to recover more than #279,000 in tax. Allied had set up an el...
View articleThe political parties were still grappling with questions of tax just days before the polls open. Calls from business for an increase in income tax ad...
View articleMario Monti, the European commissioner for fiscal studies, was right to reject a ‘bit tax‘ on flows of data on the Internet (News, 17 Apri...
View articleTax chaos will result if a Labour government implements its plans forScottish devolution, writes Edwin Hamilton, Conservative candidate for Glasgow Po...
View articleGordon Brown has failed to convince the UK's finance directors thatthe economy is safe in his hands, an exclusive Accountancy Age surveyreveals. Read ...
View articleA disgruntled accountant is taking Lloyds Bank to the InlandRevenue's Special Commissioners over claims that Cheltenham & Gloucesterinvestors were...
View articleLeading City tax lawyer Malcolm Gammie, a partner with Linklaters & Paines, has joined the Institute of Fiscal Studies on a part-time basis. Gammi...
View articleAbolition of Advanced Corporation Tax would cause company dividends to be taxed twice and discourage share ownership, depriving businesses of equity i...
View articleSupport levels for self-assessment are set to be cut dramatically compared to the new tax regime’s trials in Leicester and Southampton, warns a ...
View articleCustoms & Excise’s handling of a key VAT tribunal was ‘obstructive, unimaginative and short-sighted’, a barrister has claimed. J...
View articleEmployees are being kept in the dark about the implications of phasing out profit-related pay (PRP) schemes, a survey by Arthur Andersen reveals. More...
View articleThis week's Big Question: Should the Inland Revenue declare an amnestyon penalties for late filing in the first two years of self-assessment? Read Mor...
View articleA leading QC has advised solicitors not to register in Jersey as limited liability partnerships as they would no longer be able to practise in England...
View articleConstruction employers blasted high-street accountants this week for advising bogus self-employed workers to sign specially written contracts in an at...
View articleThe Inland Revenue, along with the DSS, account for three quarters of Government spending on IT outsourcing, a survey published this week revealed. Th...
View articleThe public may be tired of the election, but it has been convincedthat Labour deserves to govern. Read More...
View articleThe Inland Revenue is in complete disarray over the new rules for self-employed workers with tax offices giving conflicting messages, accountants and ...
View articleLevy Gee’s all-inclusive self-assessment tax return service is not available to self-employed people with income above #15,000 – the thres...
View articleAn Inland Revenue clampdown on pension tax avoidance is expected to hit hundreds of wealthy scheme holders, accountants Hacker Young has warned. The R...
View articleProposals by Rolls-Royce’s remuneration committee to double next year’s bonuses for executive directors will not be going forward for shar...
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