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Accounting

Facebook

Facebook pays no UK corporation tax for a second year

23/10/2014(0)
Facebook paid no UK corporation tax for the second year in a row in 2013, while employees received shares in the company worth tens of millions of pounds. The ... Read More
accounting

Accountant fined for PII and annual return offences

22/10/2014(0)
An accountant has been severely reprimanded and fined £4,500 for failing to submit an annual return and doing business without professional indemnity insurance (PII). Patricia Cornish, of Laurel Farm, ... Read More
accounting

Audit Commission reveals highest ever levels of council fraud detection

22/10/2014(0)
Nearly £200M of fraud has been detected by English councils in 2013/14 – the highest amount for a generation and ten times the 1990 figure, the Audit Commission has ... Read More
euro-web

EU Reaches Trade Deal With East African Community

22/10/2014(0)
The European Union has said the conclusion of a new trade deal with the East African Community (EAC) means that EAC countries no longer have to worry that their ... Read More
HMRC1

HMRC arrests three in £80m tax fraud and money laundering bust

21/10/2014(0)
HMRC officers have arrested three men on suspicion of tax fraud and money laundering offences worth up to £80 million. Over 70 officers swooped on the men in dawn ... Read More
kpmg

KPMG targets SMEs with new division

21/10/2014(0)
Business advisory firm KPMG today launched a new arm aimed at providing affordable services to small and medium-sized firms. KPMG Enterprise has been kicked off with a £40m investment. ... Read More

UK Tax Gap Widens

20/10/2014(0)
The UK tax authority, HM Revenue and Customs (HMRC), has revealed that the UK tax gap grew to 6.8 percent in the fiscal year 2012-13, up 0.2 percent year-on-year. ... Read More
Switzerland

Switzerland Extends Olive Branch To India On Tax

20/10/2014(0)
Swiss authorities have confirmed that, if asked, they will assist India in efforts to confirm the genuineness of bank documents and will swiftly provide information on requests relating to ... Read More
Colombia

Isle of Man removed from Colombian Tax ‘Blacklist’

20/10/2014(0)
Colombia has removed the Isle of Man from its offshore blacklist, recognizing its commitment to the international exchange of tax information. The move recognizes that the Isle of Man ... Read More
Guernsey

Guernsey Welcomes Latest Financial Center Rankings

17/10/2014(0)
Guernsey has taken third place in this year’s global rankings of specialist financial centers issued by trade publication The Banker. Guernsey was once again ranked third behind the Cayman ... Read More
Broker Cyprus TopFX