The future of finance is digital. Making Tax Digital (MTD) is one of HMRC’s key strategic priorities, with the aim of transforming and modernising how tax is reported and managed.
From April 2019, all businesses in the UK with a turnover above the VAT threshold (currently £85,000) will be required to keep digital records of their VAT in addition to filing electronic quarterly returns.
After three decades of remarkable growth, China’s economy has been slowing. The country needs to implement the announced reform agenda and address vulnerabilities to secure a safer development path, said the IMF.
AIA and De Montfort University have signed a Memorandum of Understanding.
The Hong Kong Monetary Authority (HKMA) today published the position of the Exchange Fund (Note 1) at end-June 2014.
Two new Statements of Recommended Practice (SORP) have been published by the joint SORP making body, the Charity Commission and the Office of the Scottish Charity Regulator (OSCR).
Healthy growth in services brings new momentum to economic restructuring, reports the China Daily. The latest economic data published by the National Bureau of Statistics on July 16 suggest China is moving to a more service-based economy that is less reliant on exporting cheap manufactured goods.