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Accounting

white-house-south-lawn

US pivotal to OECD tax plan

20/05/2014(0)
It’s becoming increasingly apparent that the OECD’s plan to reduce tax base erosion and profit-shifting, as laudable as it is, is hugely reliant on the US making significant and ... Read More
bitcoin

Bitcoin: guide for tax purposes

19/05/2014(0)
Interest in Bitcoin has shot up since the virtual currency’s inception in 2009, and many a contractor is considering how it could play a part in their business, writes ... Read More
HMRC

HMRC doubles inquiries into self-assessors

19/05/2014(0)
The number of taxpayers whose financial affairs HM Revenue & Customs investigated in the past 12 months has almost doubled, in line with the growing haul from such self-assessors. ... Read More
vodafone

Vodafone’s ‘unpaid tax’

19/05/2014(0)
Activism Group UK Uncut has issued a warning to the UK’s largest telecoms company Vodafone over allegedly unpaid corporation tax. The group claims it has “had enough” of the ... Read More
AstraZeneca

AstraZeneca chief executive calls for a tax risk

19/05/2014(0)
The US pharmaceutical seeking to acquire UK rival AstraZeneca represents a tax avoidance risk, according to the UK druggist’s chief executive Pascal Soriot. Pfizer, which has proposed a £63bn ... Read More
acca-word-cloud

Sustainability Matters

16/05/2014(0)
The global accountancy profession has an important role in making organisations more responsible and accountable in the pursuit of sustainable development, says ACCA (the Association of Chartered Certified Accountants) ... Read More
U.S. Congress in Washingto

IRS said to make $13B in improper refunds

14/05/2014(0)
The U.S. government doled out more than $13 billion last year in improper payments of a tax credit meant to help the working poor, according to a government watchdog. ... Read More
ifrs

IASB amends IAS 16 Property and IAS 38 Intangible Assets

14/05/2014(0)
The International Accounting Standards Board (IASB), has published amendments to IAS 16 Property, Plant and Equipment and IAS 38 Intangible Assets. IAS 16 and IAS 38 both establish the principle ... Read More
iasb

IASB agrees standard-setting charter of co-operation

12/05/2014(0)
The IASB has published an updated charter establishing key principles of co-operation between the IASB, national standard-setters and other accounting standard-setting bodies, represented by the International Forum of Accounting ... Read More
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