Accountancy Live Latest News

Retail Gift Aid guidance for charity shops

Wed, 22 May 2013 12:00:01 +0100

HMRC has published detailed guidance on claiming Gift Aid when goods are sold by, and the proceeds gifted to, charity shops

Vantis partner jailed for charity trust abuse

Wed, 22 May 2013 12:00:01 +0100

A former accountant that stole �200,000 from the trusts of clients, which left cancer charities out of pocket, so he could clear his debts, has been jailed for his crimes

OECD consults on transfer pricing risk assessment

Wed, 22 May 2013 11:49:59 +0100

The steering committee of the OECD global forum on transfer pricing has issued a consultation on a draft handbook on transfer pricing risk assessment

Lords probe tax advisers on conduct in developing countries

Wed, 22 May 2013 11:16:11 +0100

Senior tax advisers have been put on the spot by law lords about what their respective codes of conduct at their accounting firms and within their professions suggested with regards to how they advised multinationals that operate in developing countries

Apple calls for US corporate taxes cut

Wed, 22 May 2013 10:18:11 +0100

Apple CEO Tim Cook has called for radical changes in the US corporate tax code, as the company came under fire over its paying of tax, both in the US and internationally

Wilkins Kennedy and Matthews Mist merge

Wed, 22 May 2013 10:03:56 +0100

Mid-tier accountancy firm Wilkins Kennedy is to merge with Southampton-based Matthews Mist & Co

PwC backs accelerated ICAEW qualification course

Wed, 22 May 2013 10:01:08 +0100

PwC is to offer students an accelerated route to employment and an accountancy qualification through a new degree programme in partnership with Nottingham University Business School and the ICAEW

Court upholds agricultural property relief ruling

Wed, 22 May 2013 09:37:49 +0100

The Upper Tribunal has upheld a First-tier Tribunal (FTT) decision on agricultural property relief (APR) in Hanson (as Trustee of William Hanson 1957 Settlement) [2012] TC 01791 ruling that APR was available on the deceased Mr Hanson�s farmhouse

NAO�s work produces �1.2bn public spending savings

Wed, 22 May 2013 09:57:31 +0100

Work by the National Audit Office (NAO) led to audited savings of some �1.2bn last year in public spending, according to its annual report and accounts

HMRC fails in �5bn tax credit savings target

Wed, 22 May 2013 09:29:42 +0100

HMRC has been strongly criticised by MPs for its poor performance in cutting tax credits fraud and error which mean the department will miss its target for making savings of �5bn