Accountancy & Finance

LSBF News

‘Affluent’ taxpayers unit manpower increased by HMRC

Accountancy firm Moore Stephens has noted how the wage bill for HMRC's Affluent Unit inspectors rose 68%, from £7.8m to…

VAT rules for crowdfunding agreed upon by EU states

Representatives from EU member states and the EU Commission making up the EU VAT Committee have agreed on a framework…

“Balanced approach” needed for open book accounting, says outsourcing association

The National Outsourcing Association (NOA) has criticised a recommendation from the National Audit Office and CIPFA in a submission to…

Survey shows North/South split for CFO optimism in Europe

A biannual survey that collates results of other surveys run by its member firms across 15 European countries has found…

FTSE 250 analysis reveals director bonuses

Executive pay has recently come under scrutiny from different angles, including shareholders, investors and regulators. This has led to some…

Institute of Directors supports HMRC restructuring plans

The Institute of Directors has supported wide-ranging plans announced by HM Revenue and Customs (HMRC) to restructure its operations. HMRC…

OECD upgrades tax transparency rating for Seychelles

The Organisation for Economic Co-operation and Development (OECD) has recently released a report noting improved adherence with international standards from…

ICAEW issues one hundredth alternative business structure licence

The Institute of Chartered Accountants in England and Wales (ICAEW) has reached the milestone of issuing its 100th alternative business…

Standard & Poor's keeps AA+ credit rating for Guernsey

Guernsey in the Channel Islands has had its credit rating fixed at AA+ by Standard & Poor's, the American financial…

ICAEW to get new local audit regulatory powers

Recognised Supervisory Body status has been granted to The Institute of Chartered Accountants in England and Wales (ICAEW) by the…

£400m in tax could come from personal service company crackdown

Ministers are discussing whether to close a tax loophole that could be costing the Treasury up to £400m and is…

VAT loophole worth £355m reviewed by EU

The European Commission (EC) is looking into the possibility of withdrawing the Low Value Consignment Stock Relief (LVCR) scheme. Talks…

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