HMRC has now agreed to review all the cases passed over to outsourcer Concentrix which resulted in a claimant’s tax credits being amended or terminated, as recommended by the work and pensions select committee’s inquiry into the highly controversial contract which was terminated early in September last year

Only 5% of FTSE 100 companies have a director with specialist technology or cyber security experience, despite the fact that 87% recognise cyber threats as a principal risk in their disclosure reporting, according to research by Deloitte

The media and entertainment industry is expected to receive tax breaks worth £565m, a 9% increase on the £530m recorded last year, according to research from Moore Stephens, which suggests the corporation tax relief for British-based productions is providing a strong stimulus to UK video games developers and film, TV, animation and theatrical production companies

Tax experts and software representives have been called  to give evidence before the House of Lords Economic Affairs Finance Bill sub-committee on government proposals to roll out Making Tax Digital (MTD) quartery reporting for small businesses and residential landlords from 2018

Baker Tilly International’s combined revenues have grown 6.2% for the year ended December 2016 to reach $3.235bn (£2.6bn) and the number of partners and staff is up 8.9%, despite the departure of two US member firms

The Institute for Fiscal Studies (IFS) says the way the tax system treats the self-employed, owner-managers and employees are ‘costly, inefficient and unfair’ and says a new approach is required following its research into changes in the labour market