In an exclusive article featured in today’s Accountancy Age, Dave
Hartnett said these ‘spivvy’ firms specialised ‘in promoting the kind of tax
avoidance schemes others would not touch’, and would blatantly skirt disclosures
by filing shoddy paperwork or refusing to notify authorities of new schemes
‘We have come across…instances of inadequate or late disclosures, disclosures
made on the wrong forms or to the wrong office, or even failures to disclose
what appear to be notifiable schemes,’ Hartnett said.
‘Such failures are not always innocent error, with the evidence pointing to a
conscious attempt to delay disclosure purely in order to prolong the life of the
Hartnett’s comments follow a period of relentless pressure on firms defying
the disclosure rules.
The application of robotics in finance functions is moving faster than predicted. Although, companies are cautious in how they are applying artificial intelligence to ensure results first, many are stepping up their investigations
EU competition commissioner Margrethe Vestager has defended the decision to order technology giant Apple to pay €13bn (£11bn) in back taxes to the Irish government
Carillion has announced the appointment of a new finance director as it reported a rise in first half profits and sales led by strong growth in its support services business
The UK inflation rate hit its highest level in almost two years in July, suggesting that the sharp fall in sterling following the UK referendum to leave the European Union is forcing prices up