Trump Tax

Trump Tax

We were hoping to achieve the Pearly Gates without having had to mention the name ‘Trump’, however, needs must. The small handed one has lived up to his ‘America First’ policy by imposing a new tax on the interest payments made by the US...
The Financial Reporting Council

The Financial Reporting Council

According to its website, the FRC ‘regulates auditors, accountants and actuaries. Sets the UK’s corporate governance and stewardship goals and promotes transparency and integrity in business.’ Going from its recent activities though it might be fairer to...
Pensions Deficit

Pensions Deficit

A senior FCA person has outlined the regulators expectations with regard to transfers out of defined benefit schemes into money purchase arrangements. There is nothing new. The usual good practice and common sense stuff about weighing up all the pros and cons, making...
GDPR – Revisited

GDPR – Revisited

Further issues have surfaced with the General Data Protection Regulations due to come into force next May (see last month’s leading article). Again it is around the intention that all data subjects should have the right to demand erasure of records held about...
GDPR

GDPR

The General Data Protection Regulations become law on 25th May 2018. We will be conducting a programme of ‘rolling audits’ with our client firms which we expect will bring everyone to ‘GDPR compliant’ status by the end of March. It is not in...
HMRC

HMRC

HMRC Tax Collectors have hit on a new tactic for encouraging people to pay what they owe. They have published a list of the main ways they have of identifying miscreants. Presumably the theory is that those who might otherwise try to avoid paying their due, will look...