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Committees Publish Final Report into Carillion Collapse

The final report by the Work and Pensions and BEIS Committees into the collapse of Carillion has been highly critical of both the company’s board and the Big Four auditing firms. 

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Latest Figures Reveal Rise in Scottish Corporate Insolvencies

The latest statistics from Scotland’s Accountant in Bankruptcy (AiB) have revealed that corporate insolvencies increased from 846 in 2016-17 to 886 in 2017-18. 

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Inquiry to Examine HMRC’s Approach to Tax Disputes

The UK Parliament’s Treasury Sub-Committee has launched an inquiry into HMRC’s approach to tax enquiries and tax disputes

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HMRC Wins Tax Avoidance Case

HMRC has recently announced its success in a tax avoidance case worth £55 million that involved businesses issuing loan notes as bonuses to avoid tax. 

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HMRC’s decision on the Eclipse partnerships

HMRCs decision on the Eclipse partnerships mlm solutions

Following a review of their position in respect of the tax liabilities that apply in relation to the Eclipse tax avoidance scheme and having discussed the matter with a number of experts both internally and externally, HMRC have reached their decision in relation to how much tax partners in the scheme will have to pay.

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