Some of the promising signs of recovery of last spring have been snuffed out over the summer. The economy has hit a softer patch but we should not be too gloomy, says David Smith
Sarah Lane reviews the European Commission's proposals, identifying numerous stings in the tail
James Bullock explains the best course of action for resolving a tax dispute
The government is consulting on plans to allow more small companies to decide whether to have an audit and a proposal to give companies preparing accounts under IFRS ‘more flexibility’ to change to UK GAAP.
Opinion among respondents to the recent consultation on a proposed financial transaction tax was ‘strongly polarised’, the European Commission said. Little has changed, judging by initial reaction to the Commission’s detailed proposal for a Council Directive introducing a Europe-wide FTT.
‘A league table of the world's most secretive tax havens lists Switzerland as the worst offender, six weeks after the UK signed a tax transparency deal with the country.
HMRC has confirmed that from this month it will no longer issue national insurance number cards. The department stopped issuing replacement cards in October 2010 and stopped issuing cards to adults in July 2011.