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Accounting

tax post

Austria Announces Substantial Income Tax Reforms

19/03/2015(0)
Austria has announced proposals to provide personal income tax cuts worth EUR5bn (USD5.3bn) to lower income earners. The new tax package, which aims to boost economic growth by reducing ... Read More
English Pounds

UK plans criminal penalties for tax advisers who assist evasion

19/03/2015(0)
Lawyers and other tax advisers who aid clients evade tax will the subject of penalties under a new criminal offence which is to be announced by the UK government ... Read More
EU Commission

European Commission unveils draft legislation to tackle corporate tax avoidance

19/03/2015(0)
The European Commission today presented a package of tax transparency measures as part of its ambitious agenda to tackle corporate tax avoidance and harmful tax competition in the EU. A key ... Read More
HSBC-Europe

HSBC switches auditors to PwC after decade with rivals KPMG

19/03/2015(0)
HSBC yesterday announced plans to appoint PricewaterhouseCoopers (PwC) as its auditor, replacing KPMG which had held the position since 1991. Europe’s biggest bank said the appointment would be put to ... Read More
OSBORNE

Osborne announces the death of the annual tax return & the April 4th panic

18/03/2015(0)
Instead HM Revenue and Customs will automatically collate the tax affairs of millions of Britons from employers, banks and investment firms into a single “digital” tax account which can ... Read More
vat

VAT is changing, but do businesses know how to react?

18/03/2015(0)
The start of 2015 brought changes to the way value added tax (VAT) is calculated for direct-to-consumer sales of electronically supplied services. While the changes have been in effect ... Read More
Grant Thornton logo

Grant Thornton on the end of £49m negligence claim

18/03/2015(0)
The UK arm of the world’s sixth largest accountancy network is facing the claim for audit and advice work provided to Manchester Building Society between 2006 and 2013. The ... Read More
ifrs-logo

IASB sets out practical effects of bringing leases onto the balance sheet

17/03/2015(0)
The International Accounting Standards Board (IASB) is in the process of finalising a new International Financial Reporting Standard (IFRS) that will require companies to bring leases onto the balance ... Read More
Hans-Hoogervorst-(IASB)

Speech by Hans Hoogervorst: ‘Bad accounting breeds bad policies’

16/03/2015(0)
Speaking today at the NAPF Investment Conference in Edinburgh, Scotland, Hans Hoogervorst, Chairman of the International Accounting Standards Board (IASB), said everybody is best served by accounting that reflects ... Read More
tax post

Final regulations amend broker basis reporting requirements

16/03/2015(0)
The IRS issued final and temporary regulations that provide rules for brokers to report bond premium and acquisition premium as well as govern information reporting of transactions involving debt ... Read More
Broker Cyprus TopFX