A Public Accounts Committee (PAC) report has accused the so-called “Big Four” accountancy firms of using knowledge gained from staff seconded to the Treasury to help wealthy clients avoid paying the right amount of tax.
Posted in Accounting | Leave a commentEchoing a report by the British Retail Consortium (BRC) published earlier this week, the Office for National Statistics (ONS) has confirmed that severe weather in March caused substantial damage to retail sales.
Posted in Accounting | Leave a commentTomorrow sees the introduction of Pay As You Earn (PAYE) reporting using real time information (RTI), for all but the smallest firms, but there are fears that it could sound the death knell to cash-strapped organisations.
Posted in Accounting | Leave a commentThe proposed ban on bankers’ bonuses could backfire, some critics say, as it is likely that the proposals could give other financial hubs in the world, such as New York and Hong Kong a distinct advantage over the City of … Continue reading
Posted in Accounting | Leave a commentHM Revenue & Customs (HMRC) has published its first list of tax dodgers, which highlights “deliberate defaulters” found during the department’s investigations into their affairs from April 2010. This list features nine names – including a hairdresser, a coach operator … Continue reading
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