September 24, 2013
PAC: Government slack on stopping tax avoidance
According to a report released by Public Accounts Committee, the firms that supply the government engage in tax avoidance arrangements. The Treasury and the Cabinet is accused of failure in...
HMRC refunds to be withheld in suspected avoidance cases
HMRC has stated that they will withhold refunds till it is clarified that the claims placed are not a part of tax avoidance arrangement. The refunds will be made only...
Ex-NAAFI accountant takes FD role at listed business
Claire Smith, the financial controller and NAAFI accountant has been promoted to the position of finance director at Zytronic, a manufacturer of touch sensor merchandises. Claire Smith will take up...
September 19, 2013
Treasury to push on with partnership crackdown
Recently Danny Alexander announces tough new guidelines for LLPs The treasury secretary is all set to secure hold on tax arrangements that is used by partnerships. Presently the junior employees...
GAAR panel member steps down after Panorama sting
A tax adviser belonging to GAAR panel has resigned from his position after he was recorded by Panorama programme of BBC outlining the many benefits of tax planning and ways...
FTSE 100 cash pile swells to £166bn
In UK most large scale enterprises are fearful of present economic scenario. The largest companies of United Kingdom are presently holding onto a cash pile of £166bn, up by £42.2bn...
May 30, 2013
Get Ready For Real Time Information from the HMRC
The HM Revenue and Customs (HMRC) is ready to change the way it's employees report their PAYE (Pay as you earn) data by implementing Real Time Information (RTI). The frequency...
ICAEW TAXline: April 2012
Tax simplification for small businesses. For details please visit: us4.campaign-archive1.com.
Budget 2012 Highlights
Key points that has been covered in the budget 2012: Personal tax • Basic personal allowance will increase to £8,105 for 2012–13 and to £9,205 for 2013–14. • Age-related personal...