Ed Balls - making a mockery of accountability
Tuesday, March 20th, 2007The Guardian has reported that: Ed Balls, economic secretary to the Treasury, ruled out any major tax changes to the treatment of private equity during
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What does an SME client want from their accountant?
Monday, March 19th, 2007There’s a debate going on at AccountingWEB that has spread far and wide (well, I exaggerate a little, maybe) about what small and medium sized
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Sub-prime is a pejorative term
Friday, March 16th, 2007The press is full of discussion of the American ‘sub-prime’ mortgage market. Let’s be real. ‘Sub-prime’ refers to people. The Guardian explains the use of
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Bono's rag - promoting tax havens, using our data
Friday, March 16th, 2007As is well known, Bono bought part of Forbes magazine through his interest in Elevation Partners, a private equity firm. Bono is, as is now
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Regulation
Thursday, March 15th, 2007I note some on the political Right are suggesting that there is no logic to my comment that regulation is the biggest stimulant to innovation
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Grant Thornton - failing to join up their thinking
Thursday, March 15th, 2007Grant Thornton, the UK’s fifth biggest firm of accountants have told UK Chancellor Gordon Brown that it wants these things in the Budget: A cut
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Money laundering
Thursday, March 15th, 2007For those with an interest in money laundering, the US Government has recently published its 2007 International Narcotics Control Strategy Report. Volume 2 is on
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Private equity - just a way of avoiding corporate responsibility?
Wednesday, March 14th, 2007Nils Pratley is a Guardian columnist to whose opinion I usually pay little attention. But he caught my eye today. Writing on the raid on
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Another welcome move from the European Court of Justice
Wednesday, March 14th, 2007The European Court of Justice (ECJ) has ruled on the UK’s ‘thin capitalisation’ tax rules. These attempt to restrict the amount of interest deducted on
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