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NI and capital gains tax to rise in PBR

Experts have predicted chancellor Alistair Darling will concentrate on national insurance and inheritance tax in the pre-Budget Report next month, The Scotsman has reported. John Cairns, head of tax at BDO Scotland, said the government could ...

From ACCOUNTANCY AGE, Accountancy Age,  23 Nov 2009

Related Topics: Alistair Darling,  John Cairns

Borders talks to rivals as collapse looms

HMV may be among a range of companies in talks with the giant book seller The book and music store giant is said to be in talks with rival companies including music retailer HMV, to avoid collapse. Borders' pre-tax losses increased from £10.3m to ...

From ACCOUNTANCY AGE, VNUNet.com,  23 Nov 2009

Related Topics: George Osborne

Tories aiming to slash business taxes

Speculation mounts that Conservatives will commit to 25% corporation tax rate Reports have emerged this morning that David Cameron will cut corporation tax from 28% to 25% and the small companies rate from 22 to 20%, if the Tories win the General ...

From ACCOUNTANCY AGE, Accountancy Age,  23 Nov 2009

Related Topics: UK Conservative Party,  David Cameron,  Gordon Brown

Auditors settle with Parmalat investors

Grant Thornton and Deloitte agree terms with funds invested in Italian dairy giant The auditors sued by US investors in Parmalat, the Italian dairy giant that collapsed in 2003, have settled the claim with payments totalling $15m. According ...

From ACCOUNTANCY AGE, VNUNet.com,  20 Nov 2009

Related Topics: Grant Thornton International,  George Osborne

Accountant struck off by professional body

AN Irish accountant has been fined and struck off after he breached ethical rules including taking a loan from a client, BBC reports. Ballymena accountant, John T Osborne, was yesterday fined 30,000 euro (£27,000) and told he could no longer practice ...

From ACCOUNTANCY AGE, VNUNet.com,  20 Nov 2009

Related Topics: BBC

As Boyle steps down audit is at a crossroads

Working in audit is a dull repetitive business, many say. We don’t think so. The ethical dimensions to being an auditor alone are proving the source of intense debate. In the last three weeks, regulators at the Financial Reporting Council have moved to ...

From ACCOUNTANCY AGE, VNUNet.com,  19 Nov 2009

Related Topics: Bernard Madoff

Accountancy Age Awards: Meddings wins Blue Chip FD accolade

Standard Chartered FD's work with the government on the financial crisis earns him an Accountancy Age Award Richard Meddings, finance director of Standard Chartered Bank and a member of the government’s crisis cabinet during the first bank bail out, ...

From ACCOUNTANCY AGE, Accountancy Age,  18 Nov 2009

Related Topics: Standard Chartered Bank,  HSBC

Public sector FD of the year: Stuart McCreadie

Stuart McCreadie beat a tough crowd to win the award for Finance Director of the Year in the public sector. The FD of housing association group Moat Homes competed with Stephen Fitzgerald, FD of the London borough of Hounslow, and Peter Kane, finance ...

From ACCOUNTANCY AGE, VNUNet.com,  18 Nov 2009

Related Topics: Home Office

Medium firm of the year: Sobell Rhodes

Each week the staff and partners of Sobell Rhodes assemble for what has come to be known as their “Awesome Monday”. Essentially a brainstorming meeting, the Awesome Monday meeting was one of a series of initiatives designed to reinforce to staff what ...

From ACCOUNTANCY AGE, VNUNet.com,  18 Nov 2009

Business recovery project of the year: KPMG

High street brand JJB was facing the possibility of going under when the KPMG team came along. A CVA, a delicate balancing act at the best of times, was complicated by the scale of JJB’s operations. JJB’s closed stores’ rent roll came to £17.3 million, ...

From ACCOUNTANCY AGE, VNUNet.com,  18 Nov 2009

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