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
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
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
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
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
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
Hong Kong and the United States have substantially concluded discussions on an inter-governmental agreement (IGA) to simplify Hong Kong financial institutions’ compliance with the Foreign Account Tax Compliance Act. ... Read More
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
The long-standing auditors of pie and sandwich chain Greggs have retained their role after a tender. KPMG has served as Greggs’ auditors since the retailer listed on the London ... Read More
Vodafone is to seek international arbitration in a bid to resolve an historic dispute with the Indian government. The dispute is rooted in Vodafone’s acquisition of Hutchison Whampoa’s Indian ... Read More
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