The CIoT has welcomed news that HMRC is being given extra ammunition to fight the war against tax evasion.

The August Insolvency Index from Experian shows that the amount of businesses going under has reached its lowest point in over three years.

The waiting is over and Ed Milliband just managed to win the Labour leadership battle against his brother David.

One expert is advising women to make financial provision for their own retirement rather than depending on their partner for support.

… to understand is the income tax”. So said no less a person than Albert Einstein. Meanwhile the Coalition, in the shape of Treasury Minister Danny Alexander, have been talking about ways to increase the amount of tax flowing into the Government’s coffers.

Contractor accountants could be interested to learn that the British Retail Consortium has written to the Government asking them to reconsider the method used for calculating business rates.

Danny Alexander likened tax evaders to benefit cheats when he unveiled the government’s new plans to crackdown on fraud and tax avoidance.

Retention of staff could become a headache for bosses in accountancy companies and finance departments, according to a study.

Larger clients are forcing SMEs to accept new credit terms, according to Touch Financial. The invoice finance broker recently surveyed more than 200 businesses and found that more than 50% have had their credit terms amended in the past 12 months.

A while ago I wrote in another blog about a potential problem with the IT industry in the UK, where the bottom of the career ladder was being rapidly pulled up by the continuing off-shoring of UK jobs. At the time I was just speculating out loud, but some recent numbers have made me think.

While there was no surprise on the part of the Association of Certified Chartered Accountants when HM Revenue and Customs announced yet another taxation blunder, they did add that HMRC had an insufficient number of staff to handle the invevitable influx queries resulting from it.

Companies House recently revealed that 10 per cent of all accounts filed have been rejected due to basic errors in regards to formatting.