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accounting

tax_income1

Brussels orders EU countries to claw back ‘illegal’ tax rulings

22/10/2015(0)
Europe’s competition chief ordered the Netherlands to recover €20-30 million in back taxes from Starbucks on Wednesday (21 October) and told Luxembourg to claim the same amount from Fiat ... Read More
deloitte-1

Deloitte acquires leading Canadian asset reliability consultancy

20/10/2015(0)
Asset Performance Group will bring new reliability and maintenance capabilities to Deloitte’s consulting practice Deloitte announced that it has entered into a definitive agreement to acquire the Asset Performance ... Read More
HMRC

HMRC updates PAYE late payment and penalties guidance

20/10/2015(0)
HMRC has update the guidance on what payroll information to report to HMRC in the Full Payment Submission (FPS) and Employer Payment Summary (EPS) for PAYE payments, which include ... Read More
VAT

How VAT in UAE will impact consumers

19/10/2015(0)
Impact would be negligible if VAT won’t exceed 5% and food essentials are exempted The impact of a value-added tax (VAT) system on consumers in the UAE may vary ... Read More
global

The Common Reporting Standard: Automatic Information Exchange Goes Global

16/10/2015(0)
Automatic exchange of information for tax law enforcement purposes started first in Europe with the EU Savings Tax Directive, went international with the US Foreign Accounts Tax Compliance Act, ... Read More
ernst-and-young

Investor Seeks to Hold Ernst & Young Liable for Madoff Losses

15/10/2015(0)
Court papers show FutureSelect invested about $200 million Ernst & Young failed to serve as a gatekeeper for a Washington investment firm that sank millions of dollars into Bernard Madoff’s ... Read More
Baker Tilly

Baker Tilly acquires Employer Services Ltd

14/10/2015(0)
As of today, Employer Services Ltd has officially been acquired by Baker Tilly as an additional Payroll service to their company. Baker Tilly is an independent firm of chartered ... Read More
audit

Key areas of risk in the 2015 audit cycle

13/10/2015(0)
Professional skepticism and internal control over financial reporting are two key areas for auditors that have attracted the focus of regulators in recent years. These areas are among those ... Read More
frc_carouselimage

Formal Complaints against Mr Stephen Harrison and PwC, and Mr Stephen Hill and David Wells relating to Connaught plc

13/10/2015(0)
The Financial Reporting Council’s Executive Counsel has delivered two disciplinary Formal Complaints in connection with the conduct of: Stephen Harrison (PwC’s Senior Statutory Auditor and Audit Engagement Partner) and ... Read More
Facebook

Facebook paid £4,327 corporation tax despite £35m staff bonuses

12/10/2015(0)
Social networking firm paid average of £210,000 to staff in Britain, but overall loss in UK of £28.5m meant very little corporation tax was due Staff at Facebook’s UK ... Read More
Broker Cyprus TopFX