Menu

taxation

dailyinsight_2

Debunking myths about age … plus more on MTD

Today’s theme is age. Young people make the ‘best’ entrepreneurs, right? Just look at the likes of Mark Zuckerberg, Steve Jobs and Bill Gates. All of them were still in their 20s when the zillions started rolling in and they’d changed everyone’s lives beyond recognition. But not so fast… the Harvard Business Review has published […]

Continue Reading
dailyinsight_5

New ATT chief drives for higher standards

Welcome to World Cup week and a well-earned break from the Big Four. But we’re sticking with accounting matters here at Daily Insight. Sussex tax practitioner Tracy Easman has taken on the president role at the Association of Taxation Technicians (ATT). Her aim is to extend the association’s  high-standards ethos to across the tax field. […]

Continue Reading
dailyinsight_4

Legalise cannabis and collect more tax, says IEA

Statisticians at the Institute of Economic Affairs reckon the UK could collect more than £1 billion a year in tax revenue if cannabis were legalised. A report by the right-wing think-tank says about 255 tonnes of  weed is sold to three million black-market users at about £2.6 billion a year. The institute, much favoured as an information source by Margaret […]

Continue Reading
dailyinsight_1

How to turn the dull into the delightful

I went to the ICPA’s London Practice Evolution Seminar yesterday. On the train up to the capital, I was mulling over how boring one of the titles of the speaker sessions appeared to be. “Taxation of Rental Income: From repairs to interest deductions.” Reading it made me worry slightly about what sort of day I […]

Continue Reading
dailyinsight_5

Audit fee rules debate heats up

Whether it is taxation or technology, the world of accountancy never seems far from disruption. Rumblings about conflicts of interest in the area of company audits/consultancy roles are another source of controversy in the profession. Scott Knight, head of audit at BDO, the UK’s sixth largest audit firm, is the latest high-profile operator to contribute […]

Continue Reading