Financial and Accounting News
- December 28, 2014 Advisers to be Bypassed in RTI Penalty Notifications It is appeared that the HMRC will bypass the payroll consultants and the accounting professionals if their clients are imposed a fine on filing the returns. In April 2013, the Pay As You Earn (PAYE) scheme was ...
- December 26, 2014 Former Soldier Handed Jail Sentence after Tax Fraud A recent investigation of HMRC has convicted a tax consultant, who was previously a soldier, of six crimes under the Fraud Act after he lied during the enquiries conducted by the HMRC, in order to get income tax returns ...
- December 26, 2014 Mergers Help Boost BDO Global Revenues Efforts made to increase the number of mergers, during the course of 12 months, have expanded BDO’s revenues by 8.8% for the fiscal year ended 30 September 2014. According to the firm’s report, 28 mergers in n ...
- December 26, 2014 FRC Consults on EU Audit Directive and Regulation The Financial Reporting Council is looking for views and opinions on a lot of suggested amendments to the European Union Audit Directive and Regulation. Some entities are not covered by the definition of Public ...
- December 23, 2014 Small Business Boost? ACCA SME Expert Comments on the Autumn Statement’s Deals for SMEs The senior economic analyst at Association of Chartered Certified Accountants (ACCA), Manos Schizas, responded Autumn Statement’s SME focus by stating that support and assistance for SMEs is applauded. He continued ...
- December 23, 2014 HMRC Probes Grab £3.90bn Extra VAT from SMEs HMRC collected extra Value Added Tax (VAT) of £3.90 billion by undergoing compliance investigations of SMEs in the previous year. It represents a 10% rise from preceding year. The extra VAT collection (£2.2 billion ...
- December 23, 2014 ACCA Awards RBS with Global Accreditation for Trainee and Professional Development The Royal Bank of Scotland (RBS) has been presented with the ‘Global Accreditation for Trainee development and Professional development’ by the Association of Chartered Certified Accountants (ACCA), a global ...
- December 17, 2014 How to Save on Taxes by Sharing the Wealth with the Family The individual filers and joint return filers (in the bottom 2 brackets), who have their taxable income of less than $36,900 and $73,800 respectively, bear a tax rate of zero-percent (0%) on dividends and long term capital ...
- December 17, 2014 ACCA Celebrates 110 Years of Developing Professional Accountants It’s been over a century since Association of Chartered Certified Accountants (ACCA) has been providing the professional accountancy qualification around the globe. ACCA was established on November 30, 1904 and ...
- December 12, 2014 One Code to Rule them all: ICAEW Cal New Approach to Business Behaviour Over the years, there has been an immense change in the way capital markets are systemized and how companies function and interact. Fund providers have become more diversified, both geographically and categorically. While ...
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