The High Court has ruled in favour of Royal Surrey NHS Foundation Trust in a judicial review over a disputed input tax bill for over £680,000 related to the purchase of radiotherapy machines
The Chancellor has told delegates at the Conservative Party conference that he plans to increase the hourly national living wage to at least £11 from next April
Changes to revenue recognition and lease accounting to align with IFRS will not affect UK companies reporting under UK GAAP until 2026 as FRC pushes back timetable
HMRC investigations led to prosecutions against just 11 high net worth people accused of evading tax last year although 300 people are currently being investigated
The increasing complexity of the tax system means that nearly half of taxpayers still want to talk to a real HMRC agent for reassurance rather than relying on the HMRC website
An investigation into the insider tax information scandal at PwC Australia found that the firm ignored ethics, had poor risk management and gave top revenue earners too much power
A 24-year-old man has been jailed for over two years after defrauding the Football Foundation charity of £200,000, which he used to go to the World Cup in Qatar and buy luxury goods
A director of a media and advertising company has been banned from being a director after faking the company’s financial position to fraudulently claim the maximum amount in bounce back loans
A Norfolk solicitor has been sentenced to four years’ imprisonment for committing fraud by misusing clients’ funds at the law firm where he was a partner
The Labour party will introduce 20% VAT on private school fees to raise around £1.7bn, despite u-turning on its pledge to strip the sector of charitable status
The amount of research and development tax reliefs claimed in the last 12 months shot up by 11% to £7.6bn, despite a quarter of SME claims estimated to be fraudulent
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