The Securities and Exchange Commission (SEC) has charged a Canadian-based oil and gas company and three of its former top finance executives for their roles in what the US regulator describes as ‘an extensive, multi-year accounting fraud’

The introduction from next week of a goods and services tax (GST) in India, effective from 1 July, is being hailed as the biggest shift in tax reform in the country’s history, but there are concerns that UK companies trading with India may not be ready for the complexity of the changes

Taxpayers bringing certain appeals to the tax tribunal against decisions made by HMRC on their tax affairs and any penalties incurred now have the option to lodge appeals online, as part of efforts to offer a more efficient service

The latest scandals and penalties including a family trio jailed for record £45m tax fraud, Hells Angel tax fraud blamed on accountant’s error, 10-year ban for ICAEW member Mehigan over Cup Trust scandal

This month's CCH Daily CPD module looks at the tax treatment of business entertainment, the relevant principles and the exceptions, with detailed advice on the types of expenses which can be claimed under relevant tax law

The head of the international IFRS standard setter is calling for the development of tougher guidance on performance reporting to give investors and key stakeholders more transparency and insight over company cashflow and income

The last of three farming brothers from Northern Ireland to be prosecuted for their roles in a £140,000 VAT repayment fraud has been sentenced after an investigation by HMRC

Some SMEs are giving employees an average of almost £1,000 a year in rewards earned on spending across charge, credit and loyalty cards used in the business, with those based in Manchester the most generous, according to research from American Express

The UK’s shadow economy - the production of and trade in legal goods and services that are deliberately concealed from HMRC and government authorities - is estimated at £223bn and is unlikely to reduce from the current 11% of GDP without concerted action, according to research from ACCA

The Financial Reporting Council (FRC) is consulting on proposed updates to the guidance for auditors relating to their responsibilities under UK law in terms of money laundering, and plans to make the revised material an appendix to ISA (UK) 250: Consideration of Laws and Regulations in an Audit of Financial Statements

Mid-tier firm Grant Thornton has topped the first Social Mobility Employer Index, ranking employers on the actions they are taking to ensure talent is recruited from all backgrounds, with the Big Four all appearing in the top 20

The key HMRC filing deadlines from July to December 2017 including deadline for expenses and benefit forms P11D(b), P9D and P11D, online CIS returns, PAYE settlement agreement

A Bill to prohibit unpaid work experience for a period exceeding four weeks has been introduced to the House of Lords by Lord Holmes of Richmond

Norforlk has been revealed as the dating fraud capital of England and Wales while Surrey is the hotspot for investment fraud, according to research for Which?