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Accounting

HMRC1

HMRC admits to winding up inquiry into HSBC tax evasion claims

14/01/2016(0)
Only one person was prosecuted following claims the bank turned a blind eye to illegal activities of hundreds of wealthy customers HM Revenue and Customs has wound up its ... Read More
abu dhabi

Planned valued added tax of up to 5% in 2018 awaits GCC approval

14/01/2016(0)
A planned value added tax on goods and services will range between 3 to 5 per cent when it comes online in 2018. It could help to replenish regional ... Read More
cryptocoinsnews-taxes-620x420

2016: year of corporate tax reform and fiscal transparency, Moscovici tells MEPs

13/01/2016(0)
2016 should be the year of corporate tax reform and fiscal transparency, tax Commissioner Pierre Moscovici told MEPs from the Special Committee on Tax Rulings and the Economic and ... Read More
ifrs

IASB shines light on leases by bringing them onto the balance sheet

13/01/2016(0)
The International Accounting Standards Board® (the Board) today issued a new accounting Standard, called IFRS 16 Leases. It replaces accounting requirements introduced more than 30 years ago that are no longer ... Read More
taxes

Cyprus:‘Lagarde List’ accounts face €35mln in taxes

13/01/2016(0)
Some €35mln in taxes have been imposed on undeclared deposits in 85 Swiss bank accounts included in the so-called Lagarde List, Finance Minister Harris Georgiades said on Tuesday. Speaking ... Read More
EU-VAT-MOSS

VAT MOSS traders question business status

12/01/2016(0)
Businesses caught up in the EU VAT changes are considering if they are actually “in business” and within the scope of the VAT MOSS scheme, following a recent HMRC briefing document. The tax authority’s latest guidance states ... Read More
HMRC

HMRC: Lin Homer to step down as HMRC CEO in April

12/01/2016(0)
Lin Homer has announced today that she is to leave HM Revenue and Customs (HMRC) in April, after more than four years as Chief Executive and Permanent Secretary and ... Read More
EU-Commission

Commission concludes Belgian “Excess Profit” tax scheme illegal; around €700 million to be recovered from 35 multinational companies

11/01/2016(0)
The European Commission has concluded that selective tax advantages granted by Belgium under its “excess profit” tax scheme are illegal under EU state aid rules. The scheme has benefitted ... Read More
BDO

BDO Italy Adds Grant Thornton Experts

11/01/2016(0)
BDO Italy has announced a substantial expansion of its national presence through the addition of nearly 50 professionals from Grant Thornton, including 7 partners. These partners and their teams ... Read More
UHY

UHY: Expansion into Northern Ireland with Fitch Chartered Accountants

08/01/2016(0)
UHY has issued an announcement to inform that the company’s network is expanding into Northern Ireland. UHY announcement refers that: “We are delighted to announce that our network is ... Read More
Broker Cyprus TopFX