Due to recent changes to the large company research and development (R&D) tax relief scheme, the government has been forced to issue revised rules for small to medium sized companies (SMEs) claiming R&D tax relief to ensure the scheme falls within EU state aid rules

ICAEW is to take over elements of the regulation of solcitors who act as insolvency practitioners as the Solicitors Regulation Authority (SRA) withdraws from regulation of this sector in a bid to improve consumer protection

Tonight’s UEFA Champions League second-leg crunch match between Arsenal and Barcelona features the two clubs with the highest combined revenues in the competition, according to analysis by Deloitte which says the pair score a total of €996.3m (£782.6m) in total income, the highest ever for two clubs competing in a round 16 (R16) tie

Apple and Google have denied entering into tax arrangements to avoid paying tax in the EU and seeking to benefit from illegal state aid at a hearing of the European parliament’s special committee on tax rulings which summoned a number of multinationals to discuss corporate taxation

Plans to tighten up the code of conduct for tax advisers are understood to be at an advanced stage with the professional institutes keen to strengthen the rules on acceptable tax planning to avert the imposition of a regulatory framework for tax advisers by the government

AAT accredited accountants are now able to process Rural Payments Agency accountants certificates and complete forms on behalf of ‘active farmers’ who qualify for the Basic Payments Scheme (BPS), one of the EU's largest farm subsidies

WS Atkins has signalled its intention to appoint KPMG as its independent auditor, ending the multinational listed engineering company’s 20-year relationship with Big Four competitor, PwC

The imminent rise in stamp duty land tax (SDLT) for buy to let and second home purchasers, due to come into effect from April, is having a marked impact on the UK housing market, driving prices up in the buy-to-let sector ahead of the deadline for the introduction of the new tax, shows the latest Royal Institution of Chartered Surveyors (RICS) figures

Changes to the tax regime for banks mean that the six largest retail banks will continue to pay higher effective rates of tax, estimated at around 20% to 25% of profits in 2016, while new entrants and building societies are likely to pay around 6%, according to analysis by the Competition and Markets Authority (CMA)

In the latest career moves, KPMG bolsters restructuring team, Kreston Reeves director joins ATT council, partner promotions at Squire Patton Boggs and pensions hire at Spence & Partners

The UK is ranked number two in the world in the latest KPMG survey into global business tax competitiveness, vying with Ireland for the top tax spot in terms of multinationals' perception of favourable tax jurisdictions and location for foreign direct investment, according to a KPMG poll of over 100 of the largest UK listed companies and foreign owned subsidiaries