Speaking at a New City Agenda event held in the Houses of Parliament on 16 May 2019, Sir John Kingman, the author of the independent review of the Financial Reporting Council (FRC) set out the broad range of 83 recommendations contained within the report and his expectation of future reform to implement the review.
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.
HMRC’s Business Record Checks programme is running at its highest level since it began in 2011, with the number of checks increasing by 60% from 3,431 (2011/12) to 5,515 (2013/14), according to PfP, the experts in tax investigation insurance.
The Guidelines on Revenue’s Service to Practitioners and Business Taxpayers have been updated.
The Irish Revenue have published guidelines on 'How to Protect Your Business from Becoming Involved in VAT Fraud' within Chapter 16 of the VAT Manual on the Revenue website. These guidelines are intended to help businesses avoid becoming involved in such illegal transactions.
Farming with a moderate scale represents the trend of modern agriculture and should be carried forward according to law, Premier Li Keqiang said during a trip to China's major grain-producing Shandong province on 24 July.