Cyprus has postponed a referendum on an £8.6bn bailout that would also impose a levy of between 6.75% and 9.9% on funds in bank accounts.
The European Commission has made a proposal for a fourth money lau
Having the flexibility to post workers around the EU member states is one of the fundamental freedoms guaranteed by the Treaty of the European Union.
HMRC is consulting on proposals to amend two anti-avoidance tax law provisions to ensure that UK legislation is compatible with EU law.
Accountancy is often perceived to be a dull, drab, dry profession. Working in the music industry on the other hand is believed to be glamorous, lucrative and exciting.
A British MEP has criticised the “ostrich mind-set” of the Big Four firms in response to European Commission proposals to improve the audit market.
The European Union has put forward a range of softer than expected proposals to inject more competition into the Big Four-dominated audit market.
European Commission proposals to reform the audit market have split the profession, where the Big Four and the accountancy establishment appear to isolated from rank and file accountants.