HMRC hails VAT ruling against university
October 7th, 2014
HMRC has welcomed the Upper Tribunal’s decision that a university’s leaseback arrangement should be ignored for VAT purposes. The Upper Tribunal allowed HMRC’s appeal against a First-tier Tribunal decision that a leasing scheme did not constitute an “abuse of ...
Contributing Authors
October 2nd, 2014
Dr Alan Waring Dr Alan Waring has 35 years’ experience in risk management. His several books include Managing Risk (1998), co-authored with Prof Ian Glendon, Practical Systems Thinking (1996) and Corporate Risk and Governance published in May 2013. He has presented numerous conference and ...
Australia 200 – Enjoys Some Support Around 5250
October 2nd, 2014
Australia 200 for Thursday, October 2, 2014 For all of September the Australia 200 Index has declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 and ...
Ex-Barclays members provide evidence for fraud
September 25th, 2014
Former board members of Barclays have been called on to give evidence to the UK’s anti-fraud agency as part of a probe into the bank’s dealings with Qatar over an emergency cash injection at the height of the financial ...
Scotland votes “No”
September 19th, 2014
Scotland has voted to stay in the United Kingdom after voters decisively rejected independence. With 31 out of the country’s 32 council areas having declared after Thursday’s vote, the ‘No’ side has an unassailable lead of 1,914,187 votes to ...
Accounts reporting abolition ruled
September 18th, 2014
The Solicitors Regulation Authority has backed down over plans to remove the requirement for firms to submit accountants’ reports every year. Instead, the regulator has decided to require reports only if they have been qualified by the accountant for ...
Economists can’t tell Scots how to vote
September 17th, 2014
Here is the bad news if you haven’t made up your mind whether to vote for Scotland to become independent – economic analysis cannot give you the answer. That is partly because this dismal science is not capable of ...
CEO of tax specialist cleared of wrongdoing after HMRC climb down
September 15th, 2014
The chief executive and a former director of the tax specialist arm of financial group Montpelier have been cleared of cheating the public revenue of £1m, after HM Revenue and Customs (HMRC) dropped the case against them. Watkin Gittins, ...
Japan’s Prime minister ‘neutral’ on whether to raise sales tax
September 15th, 2014
Japanese Prime Minister Shinzo Abe said on Sunday he remained “neutral” on whether to proceed with a hike in Japan’s sales tax to 10 percent, adding that decision would hinge on the strength of economic indicators for the current ...
Scottish tax: Can meltdown be avoided?
September 12th, 2014
When Scottish electors cast their votes in the independence referendum on 18 September, a ‘no’ outcome would result in greater devolution of tax powers to Holyrood. By contrast, a ‘yes’ result in support of independence would create the need ...
