Is it the UK's turn?
Article Abstract:
Tax authorities across the world are experimenting with amnesties with varying degrees of success and in 2007 the U.K.'s Revenue & Customs appears to be considering one as well. Tax professionals assert that the success of any amnesty is determined by its targets at the outset, and the British tax authority could opt for the partial approach adopted by the Irish or determine that it would forego outstanding payments in favor of compliance in the future.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 2007
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Beware of third parties bearing lawsuits
Article Abstract:
Accountants are being hit by third party lawsuits where a non-client believes or argues that the accountant owes him or her a duty of care. The most highly publicized example of third party action is the case of Bannerman, where a Scottish judge ruled that a Bank Manager, in this case from the Royal Bank of Scotland, could rely on the opinion of the accountant.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 2003
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How the terrorists helped the taxman
Article Abstract:
The increasing use of terrorism led the United Kingdom to extend the investigative powers of its Inland Revenue board.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 2003
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