In one of his first actions as president, Donald Trump has ruled out the US ever adopting OECD plan for global minimum tax rate for the largest businesses
In this week’s Q&A, Mishal Siddiqui ATT, payroll adviser at Croner-i explains the ins and outs of taxation on tips and troncs, including income tax and NICs, and the role of the troncmaster
Deloitte has moved into new Belfast headquarters at The Ewart, bringing more than 1,300 staff in Northern Ireland together in the same office for the first time
The Financial Reporting Council has launched an investigation into KPMG’s £3.2m audit of the 2022 financial statements of FTSE 100 gambling giant Entain
A superfood importer has won an £800,000 appeal against HMRC at the First Tier Tribunal as products did not contain enough carbohydrates to be considered a sports drink
The Serious Fraud Office (SFO) has secured an Unexplained Wealth Order (UWO) from the High Court to freeze a £1.5m property owned by former wife of solicitor, Timothy Schools
Due to rises in minimum wage some graduates working non-graduate minimum wage jobs may be pulled into paying their student loans back after earning over the threshold
Arsenal and Chelsea FC women’s teams are in the top three wealthiest clubs in Europe, with only Barcelona vying for top spot with £43m in combined revenue
The United Nations will start talks on finalising an agreement on international tax cooperation in February in a challenge to established OECD tax rules
In a probing Treasury Committee hearing, James Murray, the Treasury minister responsible for HMRC, was forced to justify why he was appointed chair of HMRC board
In this week’s career news, hires and partner promotions at Carpenter Box, Grant Thornton, Evelyn Partners, Forvis Mazars, TC Group, EY, Bishop Fleming, Leonard Curtis