First Tier Tribunals (FTTs) are to be given powers to issue partial closure notices (PCNs) once the Finance Bill 2017 gains royal assent

The Office of Tax Simplification (OTS) has confirmed it is now placed on a permanent footing, with the triggering of legislation in Finance Act 2016

In readiness for application of FRS 105 accounting rules for micro businesses and FRS 102 Section 1A for small businesses, our expert technical author Anne Cowley ACA will be looking at New UK GAAP through the eyes of a small company, providing clear analysis, essential tips and practical help on how to tackle the challenges ahead – from preparation right through to filing

Manchester United Football Club manager, José Mourinho, has issued a statement following recent accusations claiming that he moved millions of pounds offshore to avoid paying tax

The European Commission has fined HSBC, Crédit Agricole and JPMorgan Chase a total of €485m (£413m) for participating in a cartel in euro interest rate derivatives in the final stage of an investigation into alleged fixing of the Euro Interbank Offered Rate (EURIBOR) benchmark

A builder from Suffolk has been disqualified from being a company director for eight years for failing to file annual returns for five years, account for payments of £72,000 or pay HMRC some £80,000 in outstanding tax

The Financial Conduct Authority (FCA) is consulting on proposals for stricter rules for firms selling ‘contract for difference’ (CFD) products to individuals, after research showed 82% of consumers lost money on this kind of spread betting, with many in danger of incurring ‘rapid, large and unexpected’ losses

The director of a hotel in the Highlands of Scotland has been disqualified for seven years for failing to maintain adequate company records, register her company for VAT, submit annual accounts or pay corporation tax and PAYE, following an Insolvency Service investigation

The International Accounting Standards Board (IASB) has confirmed it expects to publish its new insurance contracts standard, IFRS 17, in the first half of 2017, with chairman Hans Hoogervorst describing the release as coming ‘not one day too soon’