Airport retail specialist WH Smith has reported an overstatement of £30m in forward revenue in its north American business due to a revenue recognition problem

A retired Tesco CEO has won a case against HMRC over an £1.5m claim for tax relief for SIPP pension withdrawals when he was living in Portugal, in an appeal centred around the UK-Portugal double tax treaty

With days to go until the new failure to prevent fraud criminal offence comes into force and a worrying lack of awareness about tough liability for directors, Alan Hughes, executive director at Vistra, explains why businesses can no longer rely on generic, outdated policies