Now that Making Tax Digital (MTD) for VAT is in effect, it’s easier to reflect on HMRC’s digitalisation initiative with clarity.
Where before certain parts of the legislation initially appeared unclear, today we’re able to identify the exact responsibilities of both clients and accountants. Whether that’s knowing how to move your accounts online or selecting bridging software to ensure compliance, all parties now have the resources to stay on the right side of the taxman come tax return deadlines.
Tao Liming, former president of the Postal Savings Bank of China, will be prosecuted for suspected corruption, the Supreme People's Procuratorate (SPP) announced on 13 August 2014.
Chinese consumer confidence rebounded for a second month in July on a month-on-month basis amid an upward trend for economic growth, according to an index released on 9 August 2014.
Figures published today by The Pensions Regulator show that more than four million workers have now been automatically enrolled into a workplace pension. You can view the automatic enrolment monthly declaration of compliance (registration) report in research and analysis.
Greece's economy is shrinking at its slowest rate in nearly six years. Official figures released today from the Statistical Authority show that Greece's economy was only 0.2% smaller in the second quarter than it had been a year earlier - the lowest since the third quarter of 2008.
The risk related to the exposure of Hong Kong banks to mainland China is controllable, the chief executive of the Hong Kong Monetary Authority has said.