Business Finance Risks Increasing


Findings from a recent survey have suggested that there are an increasing number of UK executives who have considered using ...

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Accounts Committee Critical of Academies “Value for Money”


The Public Accounts Committee (PAC) have criticised the system of checking for value for money in academy schools within England; ...

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Reform Plans to See Audit Commission Close


During the Queen’s speech yesterday a draft Bill setting out measures to close the Audit Commission and establish new arrangements ...

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Falling Tax Receipts to See Government Borrowing Increase


The business group, the CBI, have warned that falling tax receipts will see a rise in government borrowing during 2012, ...

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HMRC’s Tax Error Hits Thousands


It has been revealed that roughly 12,000 people who were informed they were no longer required to fill in self-assessment ...

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Tougher Auditor Penalties Planned


Yesterday, the national auditing watchdog unveiled draft guidelines for imposing “credible” fines, after a top auditor earlier this year escaped ...

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Audit Commission Announce Savings


The Audit Commission have revealed the reduced scale audit fees that it will charge individual councils, health and other public ...

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Accountants Need to Offer Small Firms Greater Advice


The incoming president of the Institute of Chartered Accountants of Scotland (ICAS) has called on accountants to play a bigger ...

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Tax Code for Banks Tightened


It has been announced that banks that break a voluntary code on taxation with HMRC will have to publicly acknowledge ...

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Accounting Simplified for SMEs


Under plans unveiled by the Chancellor, George Osborne, within yesterday’s budget; UK businesses with a turnover of less than £77,000 ...

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