Prime minister Theresa May has held out the prospect of financial assistance for diesel car owners who face paying new ‘toxin taxes’ if they want to drive in some major UK cities in the future

A change of focus and stronger powers for the Financial Reporting Council (FRC), including a traffic-light rating system for company performance, and an end to long-term incentive pay packages, are among the key recommendations in the newly published report on corporate governance from the Business, Energy and Industrial Strategy (BEIS) Committee inquiry

In a historic move, the National Assembly for Wales has passed the bill which will introduce the first new Welsh tax in 800 years, a land transaction tax which will replace stamp duty land tax and will come into effect on 1 April 2018

In a bid to tackle tax issues relating to players’ image rights, the Treasury has initiated a specific football compliance project, and has announced that technical experts will visit all English Premier League, Championship and Scottish Premier League clubs over a three-year period

The European Commission uses too many performance measures to assess how EU member states plan their spending, and a number of important definitions for financial reporting are not consistent, according to a report from the European Court of Auditors (ECA)

The Low Incomes Tax Reform Group (LITRG) is warning of the risk that individuals could miss out on new property and trading allowances coming into effect from tomorrow, because of a lack of guidance on their introduction, which it says will limit take-up

Jay Clayton, a corporate lawyer and President Donald Trump’s recommendation, is one step closer to becoming the next head of the US Securities and Exchange Commission (SEC) after his nomination was passed be a Senate committee on 4 April

The Charity Commission has opened a statutory inquiry into the Alternative Animal Sanctuary, over concerns about third-party fundraising arrangements agreed by the trustees and the adequacy of the charity’s financial controls

Jonny Marston and Howard Smith from KPMG have been appointed joint administrators to Pulse Flexible Packaging Ltd, a leading manufacturer of flexible packaging for the consumer goods sector, which is experiencing financial difficulties putting 350 jobs at risk