Bankers' bonuses deferred to benefit from tax rate cut
Personal Tax

Bankers' bonuses deferred to benefit from tax rate cut

11y Kevin Reed , Writer

Bankers' bonuses deferred to benefit from tax rate...

Bonuses held back to April, when the higher rate of income tax was cut to 45% Read More...

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IIA launches new audit code for banks
Audit

IIA launches new audit code for banks

11y Richard Crump , Writer

IIA launches new audit code for banks

New code extends remit of internal auditors to assess the management of risks in banks and financial institutions Read More...

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Banks should introduce extra accounts for regulators
Audit

Banks should introduce extra accounts for regulators

11y Calum Fuller , Reporter

Banks should introduce extra accounts for regulato...

Bank ought to produce an additional set of accounts for regulators, according to Accountancy Age readers Read More...

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HSBC's Flint: "Important role for modern internal audit function"
Audit

HSBC's Flint: "Important role for modern internal audit function"

11y Kevin Reed , Writer

HSBC's Flint: "Important role for modern internal ...

HSBC's chairman backs plans to make sure that internal audit is strengthened, and accountable to the board Read More...

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Auditors acted as “cheerleaders” for questionable bank reporting
Audit

Auditors acted as “cheerleaders” for questionable bank reporting

11y Richard Crump , Writer

Auditors acted as “cheerleaders” for questionable ...

Parliamentary Commission on Banking Standards recommends that banks be made to create a separate set of accounts for regulators Read More...

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Tax naming and shaming could be extended to banks under HMRC plans
Corporate Tax

Tax naming and shaming could be extended to banks under HMRC plans

11y Calum Fuller , Reporter

Tax naming and shaming could be extended to banks ...

Banks could be named and shamed by HMRC if they are found to be facilitating tax avoidance Read More...

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Zolfo's Freakley called in to help Stemcor
Business Recovery

Zolfo's Freakley called in to help Stemcor

11y Kevin Reed , Writer

Zolfo's Freakley called in to help Stemcor

Zolfo Cooper European chief called in to advise Margaret Hodge's family business on its debt position Read More...

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FDs boost TMT start-ups' growth prospects
Corporate Finance

FDs boost TMT start-ups' growth prospects

11y Kevin Reed , Writer

FDs boost TMT start-ups' growth prospects

Strong finance and accounting presence in TMT start-ups gives them a better chance of success, according to research Read More...

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All British overseas territories now in tax information deals
Personal Tax

All British overseas territories now in tax information deals

11y Calum Fuller , Reporter

All British overseas territories now in tax inform...

All British overseas territories with significant financial centres sign up to automatic tax disclosure deals Read More...

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Colin: Lifeline for Tobin?
Corporate Tax

Colin: Lifeline for Tobin?

11y Taking Stock

Colin: Lifeline for Tobin?

Colin gives a wry assessment of the Tobin Tax's chance of being introduced in its current form Read More...

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Sue Harris takes non-exec role at St James's Place
People Business

Sue Harris takes non-exec role at St James's Place

11y Kevin Reed , Writer

Sue Harris takes non-exec role at St James's Place

Lloyds group audit director joins FTSE 250 wealth management business Read More...

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KPMG could face FRC investigation over HBOS audit
People In Practice

KPMG could face FRC investigation over HBOS audit

11y Rachael Singh

KPMG could face FRC investigation over HBOS audit

FRC announces it will look into whether KPMG will be investigated for a future tribunal over its audit work at HBOS Read More...

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Luxembourg follows G5’s lead in tax information exchange
Personal Tax

Luxembourg follows G5’s lead in tax information exchange

11y Calum Fuller , Reporter

Luxembourg follows G5’s lead in tax information ex...

Luxembourg will sign up to the EU Savings Directive, leaving Austria the last nation yet to sign Read More...

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FCA chairman Griffith-Jones under fire over HBOS audits
Audit

FCA chairman Griffith-Jones under fire over HBOS audits

11y Accountancy Age

FCA chairman Griffith-Jones under fire over HBOS a...

The new City watchdog was last night fighting to defend its chairman amid accusations that as head of its auditors KPMG, HBOS pursued reckless lending...

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Barclays’ tax avoidance division generated £1bn annually
Corporate Tax

Barclays’ tax avoidance division generated £1bn annually

11y Calum Fuller , Reporter

Barclays’ tax avoidance division generated £1bn an...

A report conducted by City lawyer Anthony Salz finds Barclays' now-defunct tax avoidance division generated £9.5bn for the bank Read More...

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RBS finance chief Bruce van Saun tipped to join Citizens
People Business

RBS finance chief Bruce van Saun tipped to join Citizens

11y Richard Crump , Writer

RBS finance chief Bruce van Saun tipped to join Ci...

Bruce van Saun reportedly set to join RBS' US arm ahead of float; Nathan Bostock lined up as successor Read More...

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HMRC closes £60m Land Securities/Morgan Stanley scheme
Corporate Tax

HMRC closes £60m Land Securities/Morgan Stanley scheme

11y Calum Fuller , Reporter

HMRC closes £60m Land Securities/Morgan Stanley sc...

A tax avoidance scheme involving Land Securities and Morgan Stanley is shut down by the upper-tier tribunal Read More...

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Exporters queue up as QE is put off again
Politics

Exporters queue up as QE is put off again

11y Torrie Callander

Exporters queue up as QE is put off again

Importers may want to consider their hedging options with a weak Pound - while exporters lord it up Read More...

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Colin: Where's the accountant?
Accounting Standards

Colin: Where's the accountant?

11y Taking Stock

Colin: Where's the accountant?

Colin wonders what might give an accountant away in a room of bankers, after Sir Mike Rake's recent comments Read More...

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IASB changes overshadowed by break-away from FASB
Corporate Finance

IASB changes overshadowed by break-away from FASB

11y Rachael Singh

IASB changes overshadowed by break-away from FASB

A further layer of complexity is to be added to accounting regulations to help allay concerns on a future financial crisis - but it highlights separat...

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Bankers must raise standards to that of accountants, says Rake
Accounting Standards

Bankers must raise standards to that of accountants, says Rake

11y Kevin Reed , Writer

Bankers must raise standards to that of accountant...

Sir Mike Rake, Barclays deputy chairman, calls on the banking profession to look at "basic ethics" Read More...

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£4.6bn accounting charge for RBS after “chastening” 2012
Company News

£4.6bn accounting charge for RBS after “chastening” 2012

11y Calum Fuller , Reporter

£4.6bn accounting charge for RBS after “chastening...

The Royal Bank of Scotland takes a £4.6bn hit after making changes to its own credit in 2012 Read More...

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200,000 sign petition calling for banks’ tax transparency
Corporate Tax

200,000 sign petition calling for banks’ tax transparency

11y Calum Fuller , Reporter

200,000 sign petition calling for banks’ tax trans...

Lobby group calls on EU to force banks to disclose taxes on country-by-country basis Read More...

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Colin: Mood swings
Company News

Colin: Mood swings

11y Taking Stock

Colin: Mood swings

Colin reacts to the UK's loss of its AAA credit rating Read More...

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A bank carve-out would be thin end of reporting wedge
Accounting Standards

A bank carve-out would be thin end of reporting wedge

11y Richard Crump , Writer

A bank carve-out would be thin end of reporting we...

Carving out separate IFRS for banks will not prevent systemic shocks Read More...

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Separate rules for banks a "mistake", Lawson told
Accounting Standards

Separate rules for banks a "mistake", Lawson told

11y Richard Crump , Writer

Separate rules for banks a "mistake", Lawson told

Big Four tell Lord Lawson imposing a different accounting regime for banks would be a mistake Read More...

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Uncertainty looms for UK as Europe moves on Tobin Tax
Business Regulation

Uncertainty looms for UK as Europe moves on Tobin Tax

11y Kevin Reed , Writer

Uncertainty looms for UK as Europe moves on Tobin ...

As 11 member states agree to progress with a financial transaction tax, concerns grow of an unlevel playing field that will create uncertainty and har...

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